Coahoma County Quitclaim Deed Reserving Life Estate Form (Mississippi)

All Coahoma County specific forms and documents listed below are included in your immediate download package:

Quitclaim Deed Reserving Life Estate Form

Coahoma County Quitclaim Deed Reserving Life Estate Form

Fill in the blank Quitclaim Deed Reserving Life Estate form formatted to comply with all Mississippi recording and content requirements.
Included Coahoma County compliant document last validated/updated 5/24/2024

Quitclaim Deed Reserving Life Estate Guide

Coahoma County Quitclaim Deed Reserving Life Estate Guide

Line by line guide explaining every blank on the Quitclaim Deed Reserving Life Estate form.
Included Coahoma County compliant document last validated/updated 2/8/2024

Completed Example of the Quitclaim Deed Reserving Life Estate Document

Coahoma County Completed Example of the Quitclaim Deed Reserving Life Estate Document

Example of a properly completed Mississippi Quitclaim Deed Reserving Life Estate document for reference.
Included Coahoma County compliant document last validated/updated 4/16/2024

The following Mississippi and Coahoma County supplemental forms are included as a courtesy with your order:

When using these Quitclaim Deed Reserving Life Estate forms, the subject real estate must be physically located in Coahoma County. The executed documents should then be recorded in one of the following offices:

Coahoma County Chancery Clerk

115 First St / PO Box 98, Clarksdale, Mississippi 38614

Hours: 8:00 to 5:00 M-F

Phone: (662) 624-3000

Local jurisdictions located in Coahoma County include:

  • Clarksdale
  • Coahoma
  • Dublin
  • Farrell
  • Friars Point
  • Jonestown
  • Lula
  • Lyon
  • Rena Lara
  • Sherard

How long does it take to get my forms?

Forms are available immediately after submitting payment.

How do I get my forms, are they emailed?

Forms are NOT emailed to you. Immediately after you submit payment, the Coahoma County forms you order will be available for download directly from your account. You can then download the forms to your computer. If you do not already have an account, one will be created for you as part of the order process, and your login details will be sent to you. If you encounter any issues accessing your forms, please reach out to our support team for assistance.

What does "validated/updated" mean?

This indicates the most recent date when at least one of the following occurred:

  • Updated: The document was updated or changed to remain compliant.
  • Validated: The document was examined by an attorney or staff, or it was successfully recorded in Coahoma County using our eRecording service.
Are these forms guaranteed to be recordable in Coahoma County?

Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Coahoma County including margin requirements, content requirements, font and font size requirements.

Can the Quitclaim Deed Reserving Life Estate forms be re-used?

Yes. You can re-use the forms for your personal use. For example, if you have more than one property in Coahoma County that you need to transfer you would only need to order our forms once for all of your properties in Coahoma County.

What are supplemental forms?

Often when a deed is recorded, additional documents are required by Mississippi or Coahoma County. These could be tax related, informational, or even as simple as a coversheet. Supplemental forms are provided for free with your order where available.

What type of files are the forms?

All of our Coahoma County Quitclaim Deed Reserving Life Estate forms are PDFs. You will need to have or get Adobe Reader to use our forms. Adobe Reader is free software that most computers already have installed.

Do I need any special software to use these forms?

You will need to have Adobe Reader installed on your computer to use our forms. Adobe Reader is free software that most computers already have installed.

Do I have to enter all of my property information online?

No. The blank forms are downloaded to your computer and you fill them out there, at your convenience.

Can I save the completed form, email it to someone?

Yes, you can save your deed form at any point with your information in it. The forms can also be emailed, blank or complete, as attachments.

Are there any recurring fees involved?

No. Nothing to cancel, no memberships, no recurring fees.

A Mississippi quitclaim deed reserving a life estate is a legal document used to transfer property ownership while allowing the grantor (the person selling or giving the property) to retain possession and use of the property for the duration of their life. This type of deed offers both an immediate transfer of the property's title and a mechanism for ensuring that the grantor can live on or use the property until their passing.

89-1-37. Effect of a conveyance without warranty. A conveyance without any warranty shall operate to transfer the title and possession of the grantor as a quitclaim and release.

Reservation of Life Estate: This section specifically states that the grantor is reserving a life estate in the property. By doing so, the grantor retains the right to possess, use, and obtain any profits from the property for the duration of their life. Upon the grantor's death, the life estate automatically terminates, and the grantee possesses the property in full, without any further legal action.

Estate Planning: One of the primary uses of a quitclaim deed reserving a life estate is in estate planning. It allows individuals to ensure that their heirs or chosen beneficiaries receive the property upon their death while retaining the ability to live on or use the property during their lifetime.

Avoiding Probate: By using a quitclaim deed with a life estate reservation, the property will automatically pass to the grantee upon the death of the grantor, often avoiding the need for probate.

89-1-39. Effect of quitclaim and release. A conveyance of quitclaim and release shall be sufficient to pass all the estate or interest the grantor has in the land conveyed, and shall estop the grantor and his heirs from asserting a subsequently acquired adverse title to the lands conveyed.

Protection for the Grantor: Since the grantor retains a life estate, they can continue to live on the property and cannot be forced off by the grantee or any subsequent owner. The grantee cannot sell, mortgage, or otherwise encumber the property in a way that would affect the grantor's life estate.

Tax Implications: There may be tax implications related to transferring property with a reserved life estate, both in terms of gift taxes and potential capital gains taxes. It's essential for individuals considering this option to consult with tax professionals and estate planners.

In summary, a Mississippi quitclaim deed reserving a life estate offers a flexible tool for estate planning, allowing property owners to pass on their property to chosen beneficiaries while retaining rights to the property during their lifetime.

(Mississippi QCD Reserving LE Package includes form, guidelines, and completed example) For use in Mississippi only.

Our Promise

The documents you receive here will meet, or exceed, the Coahoma 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 Coahoma County Quitclaim Deed Reserving Life Estate 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.

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March 25th, 2020

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July 2nd, 2022

The beneficiary deed was acceptable to the county clerk and my notarized official deed was mailed to me. The Missouri-based deed met with official approval so all is well in the land that time forgot.

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April 18th, 2023

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