Warranty Deed - Five Individuals to One Individual - Mississippi 2025

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Using a general warranty deed You also can use an online services provider, if you want assistance in creating a general warranty deed. Once you obtain the correct form, you must fill it in completely. Both the grantor and the grantee must sign it, usually in the presence of a notary.
A special warranty deed is a type of general warranty deed used to transfer ownership from one owner (a person, group of people or entity) to a new owner when the seller cannot guarantee 100% ownership of the property they are selling.
The Definition Of Grantor And Grantee Mortgage agreements: The lender (grantor) provides funds, and the borrower (grantee) receives them. Trusts: The trust creator (grantor) transfers assets to a beneficiary (grantee). Property deeds: The seller (grantor) transfers ownership to the buyer (grantee).
Mississippi law requires a signed deed to be delivered to the new owner to become effective. Delivery by the current owner to the chancery clerk for recording is considered constructive delivery to the new owner.
Putting your spouse on title adding them to the ownership is a simple process. All you need to do is have a grant deed prepared, sign it in front of a notary public, and then have it recorded. The cost is usually under 100.
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A warranty deed is a legal document used when a piece of real estate is sold and the ownership is transferred from the grantor (seller) to the grantee (buyer). The form usually includes a description of the property and discloses all known encumbrances like easements, outstanding liens or judgments.
Typically the grantor(s) must sign the deed in front of a notary, and then the notarized deed is recorded in the local county records office, making the transaction complete, and a matter of public record.
The two parties involved in a warranty deed are the seller, known as the grantor, and the buyer, or the grantee, and either party can be an individual or a business. Most lenders require a warranty deed for properties they finance.

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