Mississippi Correction to Mistakes in Prior Conveyance

State:
Multi-State
Control #:
US-OG-972
Format:
Word; 
Rich Text
Instant download

Description

This form is a correction of mistakes in prior conveyance.

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FAQ

An abstract of Title is is the brief chronological overview of all of the historical legal documentation associated with a property or asset, including titles, transfers and claims against the property.

What is a corrective deed? A corrective deed is an instrument filed in the public record in addition to the incorrect deed. It's known as a confirmatory instrument since it perfects an existing title by removing any defects, but it doesn't pass title on its own.

Scrivener's Affidavits are sworn statements by the person who drafted a deed. Unlike a Corrective Deed, a Scrivener's Affidavit doesn't correct anything. Instead, it simply adds information to the property records to help clarify something about the prior deed.

Documents referred to as title evidence include. Policies of title insurance.

The California Civil code states that a contract may be rescinded if it ?was given by mistake, or obtained through duress, menace, fraud, or undue influence, exercised by or with the connivance of the party as to whom he rescinds, or of any other party to the contract jointly interested with such party.? (Civ.

A Corrective Deed is used to fix/correct an error on a California deed which has already been recorded. This type of deed does not create a new interest. The Corrective Deed will correct the deed document on the earlier transfer of interest.

A quitclaim deed is often used to cure a defect (a "cloud on the title") in the recorded history of a real estate title.

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Mississippi Correction to Mistakes in Prior Conveyance