A Mississippi quitclaim deed is an easy tool for property owners (grantors) to transfer ownership without making any promises about the title. A quitclaim deed only transfers whatever interest the grantor has in the property to another party.
Laws & Requirements
Statute: Mississippi Code Title 89 – Real and Personal Property. The Mississippi statutes do not provide a sample quitclaim deed like some other states. Nonetheless, using the term “quitclaim” within your deed is a good idea to ensure that a court interprets the deed as a quitclaim deed in case of a future property dispute.
Recording Requirements: Mississippi Code Section 89-5-1: You must record your quitclaim deed with the Chancery Court Clerk in the county where property is located. You will have to pay a recording fee (Mississippi Code Section 25-7-9).
Transfer Tax: No.
Additional Documents: Mississippi Code Section 89-1-503: Before property is conveyed, state law requires sellers to provide buyers with a Property Disclosure Statement. Furthermore, under Mississippi Code Section 89-5-8, an affidavit regarding marital status and identification may be required.
Below is an example of what a Mississippi quitclaim deed looks like.