Mississippi Quitclaim Deed
Mississippi Quitclaim Deed
This Mississippi Quitclaim Deed (the "Deed") is made this [Day] day of [Month], [Year], by and between [Grantor's Name], whose address is [Grantor's Address] (hereinafter referred to as the "Grantor"), and [Grantee's Name], whose address is [Grantee's Address] (hereinafter referred to as the "Grantee").
I. Recitals
WHEREAS the Grantor, who possesses legal ownership of certain real estate known as the "Property," is located within the boundaries of [County Name] County in the State of Mississippi, the details and description of which are provided further in this document; and
WHEREAS, the Grantor desires to transfer and convey all of their rights, title, and interest in and to the Property, ensuring that such rights, title, and interest are fully passed on to the Grantee.
II. Consideration
The transfer contemplated under the terms of this Deed is being carried out in exchange for a sum of fifty thousand dollars ($50,000), in addition to other good and valuable considerations. The receipt and sufficiency of these considerations are hereby acknowledged and confirmed by the parties involved.
III. Property Description
The Property that is subject to transfer according to the terms stipulated in this Deed is delineated and characterized as follows:
The parcel number associated with this property is 123456789. It is identified by its legal description as Lot 10, Block A, ABC Subdivision, as per the plat recorded in Plat Book X, Page Y, in the Office of the Chancery Clerk of [County Name] County, Mississippi. The property's physical address is 1234 Elm Street, Anytown, MS 12345.
IV. Quitclaim
The Grantor hereby irrevocably and unconditionally releases and transfers by way of quitclaim to the Grantee all of the Grantor’s rights, title, interests, and claims of any nature whatsoever in and to the Property. This release includes but is not limited to, all rights concerning any improvements, fixtures, and appurtenances located on or associated with the Property.
V. No Warranty
This Quitclaim Deed has been duly executed and delivered by the Grantor, who does not provide any warranties or covenants, whether express or implied, regarding the title of the Property or any matters connected with it.
VI. Signatures
The Grantor, having acknowledged the importance and formality of this document, executes and seals this Deed on the day and year that are noted at the beginning of this document.
[Grantor's Name]
VII. Acceptance
The Grantee hereby acknowledges and confirms the receipt of this Quitclaim Deed and accepts the conveyance of all the properties that are subject to and described within the terms of this deed.
[GRANTEE'S NAME]
NOTARY ACKNOWLEDGEMENT
On the date specified as [DATE], this document was formally acknowledged in my presence by [Grantor's Name], who is the Grantor, and [GRANTEE'S NAME], who is recognized as the Grantee.
[NOTARY PUBLIC'S NAME]
My Commission Expires: [DATE]