Updated on July 16th, 2022
A Mississippi general warranty deed is a legal document that transfers a property title between two parties while assuring the title’s quality to the recipient. Following a real estate purchase agreement, the ownership (title) of the property must be conveyed through a deed. With a general warranty deed, the transferor (the grantor) guarantees that the title has no unresolved claims against it from themselves or previous owners. This type of deed offers the best liability protection for the recipient (the grantee) and is, therefore, the preferred conveyance instrument for residential real estate sales.
- Statute: §§ 89-1-33, 89-1-61
- Formatting: § 89-5-24, § 27-3-51(2)
- Signing Requirements (§ 89-3-1(1)): Notary Public
- Where to Record: Chancery Clerk’s Office
- Recording Fees (§ 25-7-9(1)(b)): $25 for the first 5 pages; $1 for each additional page.
- Property Disclosure Statement (§ 89-1-503): Required under state law, this form relays any property defects of which the buyer should be aware.