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What is a warranty deed?

by Practical Law Real Estate. A deed transferring title and legal interest in real property from the grantor to the grantee with full covenants and warranties.

Which deed provides the greatest protection for the buyer?

A general warranty deed is the most common type of warranty deed in the United States. It offers the highest level of protection to the buyer because it guarantees that there are absolutely no problems with the home even dating back to prior property owners.

Which deed has the most protection?

General warranty deeds give the grantee the most protection, special warranty deeds give the grantee more limited protection, and a quitclaim deed gives the grantee the least protection under the law.

What is a quick deed in Mississippi?

What Is a Mississippi Quitclaim Deed? A quitclaim deed in the state of Mississippi is a legal document that transfers property from one person to the next. Its important to note that the transfer of a property via this document comes with no guarantees as to whether or not the property has a clear title.

Does Mississippi allow a transfer-on-death deed?

Mississippi now allows you to leave real estate with transfer-on-death deeds, also called beneficiary deeds. You sign and record the deed now, but it doesnt take effect until your death. You can revoke the deed or sell the property at any time; the beneficiary you name on the deed has no rights until your death.

Where are deeds recorded in Mississippi?

The Clerks land records office records all documents pertaining to real property (deeds, mortgages, etc.)

Who benefits the most from a warranty deed?

The buyer, or grantee, of a property benefits the most from obtaining a warranty deed. Through the recording of a warranty deed, the seller is providing assurances to the buyer should anything unexpected happen.

What is a warranty deed in Mississippi?

A Mississippi general warranty deed is used to transfer real estate in Mississippi and guarantee that the property is free from hidden claims against the title and that the grantor has the legal authority to sell the property.

How do I transfer a property title to a family member in Mississippi?

Once signed and docHubd, a Mississippi deed must be recorded. The deed must be presented to the Recorder of Deeds in the county where the property is located. The transfer takes effect when signed and accepted by the grantee. However, recording provides notice to the public that the property was transferred.

How do I transfer a deed in Mississippi?

How do I transfer a deed in Mississippi? A processed, signed, and docHubd deed must be presented to the Recorder of the Deeds in the same county of the property. Once the deed is accepted and signed, the transfer is complete.

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