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Mississippi Warranty Deed from Husband and Wife to Corporation

Mississippi Warranty Deed from Husband and Wife to Corporation

Name: Mississippi Warranty Deed from Husband and Wife to Corporation
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.57 (211 reviews)

Category:

Mississippi Real Estate - Deeds - Warranty

State:

Mississippi

Control #:

MS-08-78

Format:

Instant download

Description

This Warranty Deed from Husband and Wife to Corporation form is a Warranty Deed where the grantors are husband and wife and the grantee is a corporation. Grantors warrant and convey the described property to grantees less and except all oil, gas and minerals, on and under the property owned by Grantors, if any, which are reserved by Grantors.

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FAQ

Typically, the lender will provide you with a copy of the deed of trust after the closing. The original warranty deeds are often mailed to the grantee after they are recorded. These are your original copies and should be kept in a safe place, such as a fireproof lockbox or a safe deposit box at a financial institution.

Once signed and notarized, 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.

A warranty deed guarantees that: The grantor is the rightful owner of the property and has the legal right to transfer the title.The title would withstand third-party claims to ownership of the property. The grantor will do anything to ensure the grantee's title to the property.

A property deed, or house deed, is a legal document that transfers ownership of real estate from the grantor (seller) to the grantee (buyer). Property deeds are the legal tool of defining ownership. When a property or house is sold, the buyer and seller sign the deed to transfer ownership.

It's important to note that a warranty deed does not actually prove the grantor has ownership (a title search is the best way to prove that), but it is a promise by the grantor that they are transferring ownership and if it turns out they don't actually own the property, the grantor will be responsible for compensating

The mortgage company usually prepares this deed as part of the loan package and delivers it to the title company for you to sign at closing. The title company is commonly the trustee to the deed and holds legal title to the property until the loan gets fully repaid.

After your Warranty Deed has been recorded at the County Clerk's Office, it can be sent to the grantee. However, any person or corporation can be designated as the recipient of the recorded Warranty Deed.

The original deed is returned to the owner of the property from the office of the recorder after proper entry. The office of the Recorder of Deeds maintains a set of indexes about each deed recorded, for an easy search. Almost all states have a grantor-grantee index including a reference to all documents recorded.

Mississippi Warranty Deed from Husband and Wife to Corporation

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FAQ

Who keeps original warranty deed?

How do I transfer a deed in Mississippi?

Does a warranty deed mean you own the property?

What document proves ownership of real estate?

Does a warranty deed prove ownership?

Who prepares a warranty deed?

What happens to the original warranty deed after it has been recorded?

Who keeps the original deed?

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Mississippi Warranty Deed from Husband and Wife to Corporation

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