Page 28 - Real Estate Laws and Customs - State by State Guide by Old Republic Title

State Locations

A STATE - BY - STATE GUIDE
REAL ESTATE LAWS AND CUSTOMS MISSISSIPPI

Title Insurance Rates MISSISSIPPI
Not Filed

Form of Conveyance MISSISSIPPI
Warranty Deed

State Encumbrance Forms MISSISSIPPI
Deed of Trust

Customary Closing Entity MISSISSIPPI
Attorneys; Title Companies

Commitment Issued? Duration? MISSISSIPPI
Yes; 6 Months

When Is Invoice Issued? MISSISSIPPI
With Commitment

Deed Transfer Tax? MISSISSIPPI
No

Mortgage Tax? MISSISSIPPI
No

Leasehold Tax? MISSISSIPPI
No

Remote Online Notarization (RON) Status MISSISSIPPI
Not Permitted
CUSTOMARY SPLITS

Owner’s Policy Premium MISSISSIPPI
Buyer Pays

Loan Policy Premium MISSISSIPPI
Seller Pays; Sometimes Negotiable

Title Search and Exam Fees MISSISSIPPI
Seller Pays

Survey Charges MISSISSIPPI
Seller Pays; Sometimes Negotiable

Deed Transfer Tax MISSISSIPPI
Not Applicable

Mortgage Tax MISSISSIPPI
Not Applicable

Closing Fees MISSISSIPPI
Seller Pays; Sometimes Negotiable

Recording Fees MISSISSIPPI
Seller Pays; Sometimes Negotiable

UCC coverage is available; for assistance with your transaction contact UCC@oldrepublictitle.com 28

oldrepublictitle.com/ncs Updated 07/2023