Lawrence County Quitclaim Deed Reserving Life Estate Form
Lawrence 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.
Lawrence County Quitclaim Deed Reserving Life Estate Guide
Line by line guide explaining every blank on the Quitclaim Deed Reserving Life Estate form.
Lawrence 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.
All 3 documents above included • One-time purchase • No recurring fees
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Additional Mississippi and Lawrence County documents included at no extra charge:
Where to Record Your Documents
Lawrence County Chancery Clerk
Monticello, Mississippi 39654
Hours: 9:00 to 5:00 M-F
Phone: (601) 587-7162
Recording Tips for Lawrence County:
- Ensure all signatures are in blue or black ink
- Ask if they accept credit cards - many offices are cash/check only
- Check margin requirements - usually 1-2 inches at top
Cities and Jurisdictions in Lawrence County
Properties in any of these areas use Lawrence County forms:
- Jayess
- Monticello
- Newhebron
- Oak Vale
- Silver Creek
- Sontag
Hours, fees, requirements, and more for Lawrence County
How do I get my forms?
Forms are available for immediate download after payment. The Lawrence 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 Lawrence County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Lawrence 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 Lawrence 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 Lawrence County?
Recording fees in Lawrence County vary. Contact the recorder's office at (601) 587-7162 for current fees.
Questions answered? Let's get started!
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.
Important: Your property must be located in Lawrence County to use these forms. Documents should be recorded at the office below.
This Quitclaim Deed Reserving Life Estate meets all recording requirements specific to Lawrence County.
Our Promise
The documents you receive here will meet, or exceed, the Lawrence 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 Lawrence 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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August 20th, 2020
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March 13th, 2020
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