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

State Locations

                                                                                                 A STATE- BY- STATE GUIDE
        R E A L         E S T A T E           L A W S          &      C U S T O M S                   MISSISSIPPI
        Title Insurance Rates   MISSISSIPPI
            Not Filed

       Form of Conveyance   MISSISSIPPI
            Warranty Deed

       State Encumbrance Forms   MISSISSIPPI
            Deed of Trust
       Customary Closing Entity       MISSISSIPPI
            Attorney; Title Company

       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
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