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Mississippi Petition for Authority to Cancel Deed of Trust

Cancel Deed

Name: Mississippi Petition for Authority to Cancel Deed of Trust
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.8 (203 reviews)

Category:

Mississippi Probate - Estates

State:

Mississippi

Control #:

MS-61582

Format:

Instant download

Description Cancel Trust Contract

This model form, a Petition for Authority to Cancel Deed of Trust, is intended for use to initiate a request to the court to take the stated action. The form can be easily completed by filling in the blanks and/or adapted to fit your specific facts and circumstances. Available in for download now, in standard format(s). USLF control number MS-61582

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How to fill out Petition Deed?

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Cancel Deed Template Other Form Names

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Mississippi Cancel Form FAQ

The exercise of UNDUE INFLUENCE also ordinarily serves to invalidate a deed. The test of whether such influence has been exerted turns upon the issue of whether the grantor executed the deed voluntarily. Undue influence is wrongful and serves to confuse the judgment and to control the will of the grantor.

When you sign a deed transferring your interest in real property, you cannot reverse it simply because you regret your decision. Assuming you are on congenial terms with the person who was the grantee of your deed, he can sign a similar deed transferring the property interest back to you.

The deed to the house says who owns it. Removing yourself from the deed requires completing and recording a quitclaim deed. Keep in mind that removing yourself from the deed doesn't absolve you from any mortgage note you are still named on.

Generally speaking, no. Once a quit claim deed has been completed and filed with the County Clerk's Office, the title will officially pass from the grantor to the grantee. The only way to reverse a quit claim deed is to go to court and prove that the grantor was forced to sign the document under duress.

Once the transfer is complete, there is no way to nullify or undo a quitclaim deed unless both parties consent to the arrangement. If the original grantor does agree to take back the property, you must draft and file a new quitclaim deed to void the original.

It will depend what state the property is in. For example, the minimum fee payable when changing the title to have someone removed from a property title in NSW is $133.48. This fee must be paid to the NSW Government Land & Property Information Department.

The only way to forcibly change the ownership status is through a legal action and the resultant court order. However, if an owner chooses to be removed from the deed, it is simply a matter of preparing a new deed transferring that owner's interest in the property.

Decide what sort of deed you wish to use. A reversionary deed includes clauses that allow you to revoke the transfer if certain terms are ignored. Write a reversionary clause into the deed. Complete the deed according to state law. Retain possession of the deed.

Cancel Deed

Description Cancel Trust Contract

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Mississippi Cancel Form FAQ

How do you invalidate a deed?

How do I reverse a deed transfer?

How do I remove myself from a deed?

Can a deed be reversed?

How do you void a quit claim deed?

How much does it cost to remove someone from a deed?

Can you take someone off the deed to a house?

How do you reverse a gift deed?

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