Escrow & Title
In Mississippi, a property sold at a tax sale because the owner failed to pay property taxes is conveyed by a:
AGeneral warranty deed
BSheriff's deed or tax deed✓ Correct
CQuitclaim deed from the county
DSpecial warranty deed from the prior owner
Explanation
A tax sale conveyance is made via a tax deed (or sometimes called a sheriff's deed in the context of tax sales). It conveys only the interest the government held and contains no warranties of title.
Related Mississippi Escrow & Title Questions
- The 'right of redemption' in Mississippi allows a property owner who has lost their property to tax sale to:
- A cloud on title in Mississippi refers to:
- The 'chain of title' for a Mississippi property begins with:
- The purpose of a 'title insurance exception' listed in Schedule B of a Mississippi title policy is to:
- A Mississippi buyer purchases a home and receives an ALTA owner's title insurance policy. Years later, a previously unknown heir to the property makes a claim. The title insurer:
- At a Mississippi closing, the 'payoff statement' from the seller's lender shows $147,250 outstanding. The payoff statement is valid through June 15. The actual closing occurs June 20. The correct payoff amount will be:
- A title search in Mississippi involves examining:
- Which of the following would appear on the seller's side of a Mississippi closing statement as a credit?
Practice More Mississippi Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Mississippi Quiz →