Franklin County Warranty Deed Reserving Life Estate Form
Franklin County Warranty Deed Reserving Life Estate Form
Fill in the blank form formatted to comply with all recording and content requirements.
Franklin County Warranty Deed Reserving Life Estate Form
Franklin County Warranty Deed Guide
Line by line guide explaining every blank on the form.
Franklin County Warranty Deed Guide
Franklin County Completed Example of the Warranty Deed Reserving Life Estate Form
Example of a properly completed form for reference.
Franklin County Completed Example of the Warranty Deed Reserving Life Estate Form
All 3 documents above included • One-time purchase • No recurring fees
Additional Mississippi and Franklin County documents included at no extra charge:
Where to Record Your Documents
Franklin County Chancery Clerk
Address:
36 Main St / PO Box 297
Meadville, Mississippi 39653
Hours: 8:00am to 5:00pm M-F
Phone: (601) 384-2330
Recording Tips for Franklin County:
- Documents must be on 8.5 x 11 inch white paper
- Recording fees may differ from what's posted online - verify current rates
- Both spouses typically need to sign if property is jointly owned
Cities and Jurisdictions in Franklin County
Properties in any of these areas use Franklin County forms:
- Bude
- Mc Call Creek
- Meadville
- Roxie
How do I get my forms?
Forms are available for immediate download after payment. The Franklin 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 Franklin County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Franklin 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 Franklin 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 Franklin County?
Recording fees in Franklin County vary. Contact the recorder's office at (601) 384-2330 for current fees.
Have other questions? Contact our support team
A Mississippi warranty 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. In Mississippi, a warranty deed is a deed where the grantor (seller) guarantees that they hold clear title to a piece of real estate and have a right to sell it to the grantee (buyer). The guarantee is not limited to the time the grantor owned the property---it extends back to the property's origins. This means that the grantor is guaranteeing that there are no encumbrances or claims on the property from before they took ownership.
89-1-33. Effect of word "warrant" in conveyance. The word "warrant" without restrictive words in a conveyance shall have the effect of embracing all of the five (5) covenants known to common law, to wit: seizin, power to sell, freedom from incumbrance, quiet enjoyment and warranty of title.
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 warranty 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 warranty 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.
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 warranty 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 WD Reserving LE Package includes form, guidelines, and completed example) For use in Mississippi only.
Important: Your property must be located in Franklin County to use these forms. Documents should be recorded at the office below.
This Warranty Deed Reserving Life Estate meets all recording requirements specific to Franklin County.
Our Promise
The documents you receive here will meet, or exceed, the Franklin 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 Franklin County Warranty 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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February 14th, 2019
Thank you it was hard for me to pull these documents online you been a big help since I am in a different state, quick and awesome.
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Kenneth D.
July 23rd, 2023
I was very pleased with the service and the product. All the extras were a nice addition to my order. With the example and instructions, I was able to fill out my correction deed correctly. I filed it and it was accepted with zero reservations by my clerk and recorder's office. The expected result (which was to remove a name from the current deed) happened almost immediately. I definitely recommend deeds.com .
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Robert D.
March 7th, 2019
These forms made it so easy to update the property deed and the instructions and sample filled out form were most helpful. You might want to add some brief information on when or why to use the Acknowledgment in Individual Capacity notary form. In my case the notary was required to use it but also filled in the brief notarize section on the Affidavit as well. She said the one on the Affidavit had some value because it showed she had witnessed the my signature. But this was only after I suggested both be filled in as she initially thought to just strike through it and just use the Acknowledgment in Individual Capacity form.
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January 6th, 2022
The process was all very clear and easy -- pay the fee online and download the state and county forms onto my computer. I will do as instructed for the Revocable Transfer on Death Deed, then update my review after I file this with the office of the Sandoval County (New Mexico) Clerk.
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March 11th, 2021
good place to get documents and it seems like a sound place to get forms. Self explainitory and helpful
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June 23rd, 2020
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January 14th, 2022
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January 6th, 2023
I had no issues downloading the template. The price was reasonable and the document was compliant with the law for Alabama Mechanics Liens, which saved me some time and effort. Nice aide. Thanks!
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October 22nd, 2021
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August 27th, 2020
Fairly easy to use process and somewhat reasonably priced. Printed guide and sample filled in can be very helpful, too.
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July 22nd, 2021
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January 30th, 2019
Using an I pad and cannot type on form that was downloaded. I do not have a computer Charles
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November 8th, 2024
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February 17th, 2021
Your system is completely unfriendly to the user. There is no clear way, unless you are a lawyer, to go through the the process without making mistakes. Very disappointed attempted user
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December 30th, 2021
ALTHOUGH IT TOOK A LITTLE LONGER THAN EXPECTED TO RECEIVE AN INVOICE TO ALLOW ME TO PAY THE REQUIRED FEES AND HAVE MY DOCUMENT SUBMITTED FOR RECORDING, I REALLY APPRECIATED THE SERVICE AND PROMPT RESPONSES TO MY MESSAGES, SEEKING ASSISTANCE. THANK YOU SO MUCH!
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