Desoto County Gift Deed Form

Desoto County Gift Deed Form
Fill in the blank form formatted to comply with all recording and content requirements.

Desoto County Gift Deed Guide
Line by line guide explaining every blank on the form.

Desoto County Completed Example of the Gift Deed Document
Example of a properly completed form for reference.
All 3 documents above included • One-time purchase • No recurring fees
Immediate Download • Secure Checkout
Additional Mississippi and Desoto County documents included at no extra charge:
Where to Record Your Documents
DeSoto County Chancery Clerk
Hernando, Mississippi 38632
Hours: 8:30 to 4:30 M-F
Phone: (662) 429-8005
Recording Tips for Desoto County:
- Bring your driver's license or state-issued photo ID
- Both spouses typically need to sign if property is jointly owned
- Avoid the last business day of the month when possible
- Bring extra funds - fees can vary by document type and page count
Cities and Jurisdictions in Desoto County
Properties in any of these areas use Desoto County forms:
- Hernando
- Horn Lake
- Lake Cormorant
- Nesbit
- Olive Branch
- Southaven
- Walls
Hours, fees, requirements, and more for Desoto County
How do I get my forms?
Forms are available for immediate download after payment. The Desoto County forms will be in your account ready to download to your computer. An account is created for you during checkout if you don't have one. Forms are NOT emailed.
Are these forms guaranteed to be recordable in Desoto County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Desoto County including margin requirements, content requirements, font and font size requirements.
Can I reuse these forms?
Yes. You can reuse the forms for your personal use. For example, if you have multiple properties in Desoto County you only need to order once.
What do I need to use these forms?
The forms are PDFs that you fill out on your computer. You'll need Adobe Reader (free software that most computers already have). You do NOT enter your property information online - you download the blank forms and complete them privately on your own computer.
Are there any recurring fees?
No. This is a one-time purchase. Nothing to cancel, no memberships, no recurring fees.
How much does it cost to record in Desoto County?
Recording fees in Desoto County vary. Contact the recorder's office at (662) 429-8005 for current fees.
Questions answered? Let's get started!
Gifts of Real Property in Mississippi
A gift deed, or deed of gift, is a legal document voluntarily transferring title to real property from one party (the grantor or donor) to another (the grantee or donee). A gift deed typically transfers real property between family or close friends. Gift deeds are also used to donate to a non-profit organization or charity. The deed serves as proof that the transfer is indeed a gift and without consideration (any conditions or form of compensation).
Valid deeds must meet the following requirements: The grantor must intend to make a present gift of the property, the grantor must deliver the property to the grantee, and the grantee must accept the gift. Gift deeds must contain language that explicitly states no consideration is expected or required, because any ambiguity or reference to consideration can make the deed contestable in court. A promise to transfer ownership in the future is not a gift, and any deed that does not immediately transfer the interest in the property, or meet any of the aforementioned requirements, can be revoked [1].
A lawful gift deed must also include the grantor's full name and marital status, as well as the grantee's full name, marital status, mailing address, telephone number and vesting. Vesting describes how the grantee holds title to the property. For Mississippi residential property, the primary methods for holding title are tenancy in common, joint tenancy, and tenancy by entirety. A grant of ownership of real estate to two or more persons is presumed to create a tenancy in common, unless otherwise stated in the conveyance (Miss. Code Ann 89-1-7).
As with any conveyance of real estate, a gift deed requires a complete legal description of the parcel. Recite the source of title to establish a clear chain of title, and detail any restrictions associated with the property. All deeds in the State of Mississippi also require the preparer to include indexing instructions. The indexing instruction is comprised of the section, township, and range, and one or more quarter sections or governmental lots or other applicable subdivisions of each section in which the land subject to the conveyance is located (Miss. Code Ann. 89-5-33(3)). Include all relevant documents, affidavits, forms, and fees with the along with the deed for recording. Record the completed deed at the local County Recorder's office.
The IRS levies a Federal Gift Tax on any transfer of property from one individual to another with no consideration, or consideration that is less than the full market value. Gifts of real property in Mississippi are subject to this federal gift tax. In accordance with federal law, individuals are permitted an annual exclusion of $15,000 on gifts. This means that gifts valued below $15,000 do not require a federal gift tax return (Form 709). Even so, grantors should consider filing one for many gifts of real property [2]. The grantor is responsible for paying the federal gift tax; however, if the grantor does not pay the gift tax, the grantee will be held liable [1].
In Mississippi, there is no state gift tax. For questions regarding state taxation laws, consult a tax specialist.
With gifts of real property, the recipient of the gift (grantee) is not required to declare the amount of the gift as income, but if the property accrues income after the transaction, the recipient is responsible for paying the requisite state and federal income taxes [3].
This article is provided for informational purposes only and is not a substitute for the advice of an attorney. Contact a lawyer with any questions about gift deeds or other issues related to the transfer of real property. For questions regarding federal and state taxation laws, consult a tax specialist.
[1]https://nationalparalegal.edu/public_documents/courseware_asp_files/realProperty/PersonalProperty/InterVivosGifts.asp
[2] http://msuextension.org/publications/FamilyFinancialManagement/MT199105HR.pdf
[3] https://www.irs.gov/businesses/small-businesses-self-employed/frequently-asked-questions-on-gift-taxes
(Mississippi GD Package includes form, guidelines, and completed example)
Important: Your property must be located in Desoto County to use these forms. Documents should be recorded at the office below.
This Gift Deed meets all recording requirements specific to Desoto County.
Our Promise
The documents you receive here will meet, or exceed, the Desoto County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.
Save Time and Money
Get your Desoto County Gift Deed form done right the first time with Deeds.com Uniform Conveyancing Blanks. At Deeds.com, we understand that your time and money are valuable resources, and we don't want you to face a penalty fee or rejection imposed by a county recorder for submitting nonstandard documents. We constantly review and update our forms to meet rapidly changing state and county recording requirements for roughly 3,500 counties and local jurisdictions.
4.8 out of 5 - ( 4573 Reviews )
Wayne A.
June 10th, 2021
good service but pricey.
Thank you for your feedback. We really appreciate it. Have a great day!
Patrick R.
August 25th, 2023
I was satisfied and would refer this website to others.
Thank you for your feedback. We really appreciate it. Have a great day!
Stephanie P.
December 9th, 2020
So far Deeds.com has done everything they say they'll do and very promptly.
Thank you for your feedback. We really appreciate it. Have a great day!
Leonard D.
May 2nd, 2019
I'm still working on it. I'm surprised that it appears so much information has to be included about beneficiaries.
Thank you!
Pedro M.
December 12th, 2023
Fast and professional service.
Thank you for your positive words! We’re thrilled to hear about your experience.
James A.
March 9th, 2021
Thanks for you help to get me out of a quick problem. Downloads were great. I recommend this service for the arcane situations of legal angst.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Michele B.
June 9th, 2022
It was a wonderful experience. Thank you for your help.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Sterling H.
September 17th, 2024
I liked being able to drill down to state and county. Just simply the search for all property records
We welcome your positive feedback and are thrilled to have met your expectations. Thank you for choosing our services.
Heleena C.
January 4th, 2021
The free additional forms that came with the form I ordered were invaluable as well. Worth every penny!
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Dorothea H.
November 23rd, 2020
I am so glad I chose Deeds.com for my forms! The directions were clear and comprehensive, and the form allowed for customization far beyond the free forms I had looked at before. I highly recommend this site!
Thank you for your feedback. We really appreciate it. Have a great day!
Randall S.
September 19th, 2021
I have had great success with this so far. The site had the correct forms and I was able complete the documents. It seems like a great resource!
Thank you for your feedback. We really appreciate it. Have a great day!
ronnie y.
May 22nd, 2019
well worth the money thank you
Thank you!
EARL R.
June 4th, 2023
easy to use once i found out i could fill it out right on the deeds website instead of downloading it to word duh.
Thank you for your feedback Earl. We'll work on ways to make it more clear that the forms are fill in the blank right in the PDF. Have an amazing day!
Phillip S.
February 14th, 2024
I used the Oklahoma Gift Deed transferring property intra-family, and found it easy to complete. I could not find an Oklahoma Affidavit for the new law re citizenship verification, 60 O.S. Sec 121 and found it at another site that was not a fill in online. Oh well. Site was easy to navigate.
We are motivated by your feedback to continue delivering excellence. Thank you!
jonnie F.
August 25th, 2020
Easiest and most efficient way to process your documents, this company is amazing. They help me meet the deadline on a critical inspection by processing my NOC in less then a day. Thank You.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!