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Mississippi Purchase Money Deed of Trust
Transfer title of a Mississippi real estate property from a seller to a trustee with this Mississippi Purchase Money Deed of Trust.
- A Deed of Trust is often used instead of a mortgage in the sale and purchase of real property.
- Title to the property is conveyed to the trustee instead of to the buyer. The title is then held as security to ensure the buyer's performance of its obligations (including payment of the purchase price, maintenance and upkeep of the property, payment of taxes, etc).
- If the buyer defaults in payment, the balance becomes due and payable and the trustee may sell the property.
- The buyer is responsible for paying all taxes, assessments, liens and other charges against the property.
- The lender has the right to appoint a successor trustee at any time, at its option.
- This legal form template is provided in MS Word format and is fully editable to meet your needs.
- Intended for use only in the State of Mississippi.
$17.99
Mississippi Real Estate Sale and Purchase Agreement
Sell a residential property with this Mississippi Real Estate Sale and Purchase Agreement.
- The sale is contingent upon the buyer being able to a new mortgage loan. If the buyer is not able to secure the loan after applying in good faith, any earnest money deposit already paid will be returned to the buyer.
- If the buyer fails to apply for the loan or complete the loan process, the buyer will be considered in default.
- The seller is responsible for paying and satisfying any special liens, and for providing a new hazard insurance policy at closing.
- The seller will pay the realtor's commission.
- The seller will convey good and marketable title by general warranty deed and must provide a Certificate of Title that the buyer can use to obtain title insurance.
- The seller must also provide a termite certificate.
- The Mississippi Real Estate Sale and Purchase Agreement is available in MS Word format and is easy to use and understand.
$17.99
Mississippi Warranty Deed Form
Transfer ownership of a Mississippi real estate property from a seller to a buyer with this downloadable Mississippi Warranty Deed form.
- The grantor (seller) covenants that:
- it has good and marketable title to the property,
- it has the right and power to transfer the title to the buyer, and
- it will forever defend the grantee's (buyer's) right to possession of the property.
- This is an easy-to-use legal document in MS Word format.
- Intended for use only in the State of Mississippi.
$6.29