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Mississippi special warranty deed

Special warranty deed mississippi 2025

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The document is a Special Warranty Deed from a corporation in Mississippi, transferring property to the Secretary of the Single Family Housing and Urban Development Branch. It acknowledges receipt of consideration and includes a transfer of claims related to previously secured indebtedness on the property. The conveyance is subject to any unpaid taxes and assessments.

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Click ‘Get Form’ to open the special warranty deed in the editor.
Begin by entering the Mortgagor's name and loan number at the top of the form. This identifies the parties involved in the transaction.
In the section labeled 'STATE OF MISSISSIPPI' and 'COUNTY OF', specify the relevant state and county where the property is located.
Fill in the consideration amount, typically Ten Dollars ($10.00), followed by any additional valuable considerations that apply.
Complete the Grantor's information, including their name and corporate details, ensuring all fields are accurately filled out.
In the 'Grantee' section, provide details about the recipient of the property, including their title and contact information.
Describe the property being conveyed clearly, ensuring all legal descriptions are accurate to avoid future disputes.
Finally, have authorized officers sign and date the document. Ensure a notary public witnesses these signatures for legal validity.

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Whats the difference between a warranty deed and a special warranty deed?

The main difference between these deeds is that general warranty deeds apply to the entire history of a piece of land while special warranty deeds only cover the period of time that the previous owner (the grantor) has held the land. As such, special warranty deeds offer fewer protections to a grantee.

Can you sell a house with a special warranty deed?

Title Ownership: With a special warranty deed, you have ownership of the property. You can use, enjoy, lease, and sell the property, subject to any existing covenants, conditions, and restrictions of record.

Why do people use a special warranty deed?

A special warranty deed is a type of real estate deed used to transfer property ownership from one person to another. By using this particular deed, the seller is guaranteeing to the buyer that there are no defects or problems with the property title during the time that they owned the property.

What are the disadvantages of a special warranty deed?

The term special might suggest higher quality to buyers, but the special warranty deed offers less coverage. It offers less protection due to the limited time frame it covers. For residential properties, special warranty deeds are often used in foreclosures and forced sales to settle debts.

What is the difference between warranty deed and special warranty deed?

Special warranty deeds are common in commercial transactions and certain residential sales like foreclosures or bank-owned properties. General warranty deeds offer more comprehensive protection by covering the entire history of the propertys title until the time of sale.

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What is a warranty deed in Mississippi?

Warranty deeds provide a form of protection to the buyer in the form of a warranty by the seller that guarantees no issues with the title. Special warranty deeds also provide a guarantee, but only that the seller has not created any issues with the title during the time that the seller owned the property.

Special warranty deed mississippi 2025

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Whats the difference between a warranty deed and a special warranty deed?

Can you sell a house with a special warranty deed?

Why do people use a special warranty deed?

What are the disadvantages of a special warranty deed?

What is the difference between warranty deed and special warranty deed?

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What is a warranty deed in Mississippi?

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