Your closing costs might include two types of title insurance policies, but do you know how these policies differ. Title insurance policies include: Lender’s policy Owner’s policy Lender’s Policy If you’ve ever mortgaged a home, chances are you were required to purchase a title insurance policy. This lender’s policy (often called a loan policy) is […]Continue reading

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Mississippi landlords are likely to be pleased with Senate Bill 2473, which was adopted in the 2018 Legislative Session and became effective July 1, 2018. The new law makes landlord-friendly changes to the Residential Landlord Tenant Act (Section 89-8-1 et seq. of the Mississippi Code) and to the statutes addressing eviction of tenants in Sections […]Continue reading

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Have you ever wondered why the document used to convey title to real estate is called a “deed”? The word’s meaning derives from what I consider to be one of the coolest legal ceremonies in our tradition – the “Turf & Twig Ceremony” earlier known as “Livery of the Seisin”. In that ceremony, which dates […]Continue reading

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I am frequently asked if the settlement agent collects property taxes at closing to pay directly to the tax collector. Typically, the settlement agent does not collect property taxes unless they are currently due. In Mississippi property taxes are due when billed but delinquent after February 1 of the following tax year. If your closing […]Continue reading

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Do I need a residential builder’s license in Mississippi? Licensing of residential builders in Mississippi is governed by the Mississippi State of Contractors. According to their Rules and Regulations, “any corporation, partnership or individual who constructs a building or structure for sale for use by another . . . to be used by another as […]Continue reading

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