Property Ownership
In Mississippi, to be valid and enforceable against third parties, a deed must be:
ANotarized and recorded in the county where the property is located✓ Correct
BApproved by MREC
CSigned by both grantor and grantee
DAccompanied by a survey
Explanation
To provide constructive notice and be enforceable against third parties, a Mississippi deed must be properly executed, acknowledged (notarized), and recorded with the chancery clerk of the county where the property is located.
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- In Mississippi, which document must be recorded with the chancery clerk to provide constructive notice of a property transfer?Escrow & Title
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- In Mississippi, which of the following is required for a deed to be valid between grantor and grantee (as opposed to enforceable against third parties)?Property Ownership
- In Mississippi, when a deed is recorded in the county chancery clerk's office, this creates:Escrow & Title
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Key Terms to Know
Deed
A written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
Deed of TrustA security instrument used in many states instead of a mortgage, involving three parties: borrower (trustor), lender (beneficiary), and a neutral trustee.
EasementA non-possessory right to use another person's land for a specific purpose.
EncumbranceAny claim, lien, charge, or liability attached to real property that affects its value or limits its use.
Math Concepts
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