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Warranty deed form mississippi

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The document is a Warranty Deed form for transferring property ownership from a husband and wife to two individuals in Mississippi. It provides instructions on completing the form, details on how grantees can hold the property (as Tenants in Common, Joint Tenants with Right of Survivorship, or Tenants by the Entirety), and includes a disclaimer regarding the legal use of the forms. The document emphasizes that it does not provide legal advice and suggests consulting an attorney for serious legal issues.

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What happens if two people are on the deed?

Generally, if there are two names on the deed and the deed does not describe how the property is owned, the default is that it is owned as tenants in common if the co-owners are not spouses and tenancy by the entirety if they are.

How much does it cost to add a spouse to a deed?

At the time your quitclaim deed is recorded, you will need to pay a filing fee and any reassessed property taxes based on the change in ownership. The filing fee should be minimal, under $100, with most states charging under $50. The cost will depend upon your county and state.

Do I need a lawyer to add someone to my deed?

Youd talk to a real estate lawyer. Also talk to an accountant (as well as the lawyer) to make sure that adding someone on the deed will accomplish what you want.

What is a joint warranty deed?

Typically associated with real estate, joint tenancy warranty deeds are used when two or more parties come together simultaneously to take ownership of a property. The most common example of this type of deed is for unmarried couples buying a property together.

Can you add a name to a warranty deed?

For example, a quitclaim deed would be used for a name change on a warranty deed, such as to add a new spouse or a child to the title, or to remove the name of a spouse following a divorce. A quitclaim deed also can be used to correct mistakes.

How do I add my wife to my warranty deed?

The simplest way to add a spouse to a deed is through a quitclaim deed. This type of deed transfers whatever ownership rights you have so that you and your spouse now become joint owners. No title search or complex transaction is necessary. The deed will list you as the grantor and you and your spouse as grantees.

How to transfer property title to family member in Mississippi?

To change a name(s) on the title, you need to take the title to your local county Tax Collectors office and complete the necessary applications. You may only add a member of your immediate family, specifically your spouse, parent, child, grandparent or grandchild, to a title.

Can I add a spouse to a deed without refinancing?

No, you can not add anyone to a mortgage without refinancing. Exactly why do you want to burden your new wife with a mortgage?

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