A Mississippi Real Estate Purchase Agreement is a contract between parties who wish to sell, convey, or transfer some real property. The sale involves not only real estate, but buildings, improvements, appurtenances, and fixtures. Fixtures comprise all the things that are integrated into the land, and their removal can damage this property. If a vendor wishes to exclude some fixtures or items from the transaction, they should indicate it in the agreement.
This document also contains a legal property description, an order of payment, and closing costs that parties have to pay. Indicate that a vendor must provide a purchaser with all disclosures, signed disclosure forms, and a preliminary title report. Essential parts of the agreement are the vendor's and purchaser's closing deliverables. Specify that a vendor must provide a general warranty deed that transfers ownership of the real estate to a purchaser, and a purchaser must deliver to a vendor the full purchase price amount.
Mississippi does not provide an official Real Estate Purchase Agreement for those looking to buy real estate. Make your own Mississippi Real Estate Purchase Agreement via our online form builder or download a ready-made form through the link below.
A filled-out and notarized Lead Disclosure is required for all residences built before 1978. Additionally, the state law of Mississippi requires the seller to provide an accounting of the property's utilities and condition. A Property Disclosure Statement (§ 89-1-503) can be used for this purpose to state this and any other issues with the property.