The Mississippi Seller's Affidavit and Declaration Concerning Warranties in Assignment is a legally binding document that outlines the warranties given by the seller in an assignment transaction within the state of Mississippi. This affidavit serves as a declaration by the seller regarding the accuracy and validity of the information provided about the property being assigned. In Mississippi, there are two primary types of Seller's Affidavit and Declaration Concerning Warranties in Assignment: 1. General Seller's Affidavit: This type of affidavit contains the seller's declaration regarding the accuracy of all the information provided in the assignment transaction. It includes assurances that the seller is the lawful owner of the property and has the authority to transfer ownership to the assignee. The affidavit also specifies that there are no undisclosed liens, encumbrances, or title defects affecting the property. 2. Specific Warranty Seller's Affidavit: This type of affidavit focuses on specific warranties made by the seller related to the property being assigned. It includes warranties regarding the absence of zoning violations, pending lawsuits, unpaid taxes, building code violations, and any other hidden defects or issues with the property. The seller declares that all necessary permits and authorizations for the property have been obtained, and there are no outstanding violations against the property. In both types of affidavits, the seller affirms that the information provided is true and accurate to the best of their knowledge. This document acts as an assurance for the buyer or assignee that they are receiving a property free from undisclosed defects and issues. Keywords: Mississippi, Seller's Affidavit, Declaration, Warranties in Assignment, assignment transaction, accuracy, validity, property, assignee, lawful owner, transfer ownership, undisclosed liens, encumbrances, title defects, specific warranty, zoning violations, pending lawsuits, unpaid taxes, building code violations, hidden defects, permits, authorizations, true, accurate, knowledge, buyer.
Mississippi Seller's Affidavit and Declaration Concerning Warranties in Assignment
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How to fill out Mississippi Seller's Affidavit And Declaration Concerning Warranties In Assignment?
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