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Warranty Deed from Individual to LLC - Mississippi

Warranty Deed from Individual to LLC - Mississippi 2025

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The document is a Warranty Deed from an individual (Grantor) to a Limited Liability Company (Grantee) in Mississippi, conveying real property for a consideration of ten dollars and other valuable considerations. It includes details about the parties involved, the property description, and reservations regarding oil, gas, and minerals. The deed also mentions the assumption of ad valorem taxes by the Grantee and requires notarization.

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How do I transfer a warranty deed?

Both the grantor and the grantee must sign it, usually in the presence of a notary. Then the deed must be filed in the county registrars office to be legally enforceable. Once filed, the legal transfer of the property is complete.

Why do people put their property in an LLC?

The main purpose of an LLC is to limit the owners personal liabilities for (and protect personal assets like your home from) the LLCs business, and most real estate investors will hold each property in a separate LLC so that any liability that arises on one property will not affect any other property.

How do I transfer a deed from an individual to an LLC?

How to Transfer Your Real Property to an LLC Step 1: Contact Your Lender; Contact Your Title Insurance Company; Contact Your Homeowners Insurance Company. Step 2: Create an LLC and Maintain Corporate Formalities. Step 3: Open a Bank Account in the Name of the LLC. Step 4: Fill Out and Record Deed. Step 5: Change the Lease.

How much is it to transfer a deed in PA?

The PA deed transfer tax is generally about 2% of the final sales price, which consists of two different sets of fees: The state of Pennsylvania charges 1% of the sales price. The locality charges a second fee usually totaling about 1%, which is split between the municipality and school district.

How much does it cost to switch a deed?

A property deed can cost between $50 to $200 for charges associated with the legal document that transfers the title to real estate from one person to another. The price of the title deed could vary depending on factors like the condition of the property in the United States and the kind of deed used.

How much does it cost to transfer a deed in Mississippi?

It is used to transfer ownership of a property from one owner to another. To file the deed, bring the deed and a $26 fee in the form of cash or check to the Chancery Clerk office. If the deed is more than five pages long, an additional fee of $1 per page will be charged upon filing.

How do I transfer my home warranty to a new owner?

Youll want the new homeowners name, address, phone number, and email address. Contact your home warranty provider. They will explain the process and prompt you to provide all necessary information. Some providers may charge a small transfer fee.

Warranty Deed from Individual to LLC - Mississippi 2025

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