Franklin County Quitclaim Deed Reserving Life Estate Form (Mississippi)

All Franklin County specific forms and documents listed below are included in your immediate download package:

Quitclaim Deed Reserving Life Estate Form

Franklin County Quitclaim Deed Reserving Life Estate Form

Fill in the blank Quitclaim Deed Reserving Life Estate form formatted to comply with all Mississippi recording and content requirements.
Included Franklin County compliant document last validated/updated 10/18/2024

Quitclaim Deed Reserving Life Estate Guide

Franklin County Quitclaim Deed Reserving Life Estate Guide

Line by line guide explaining every blank on the Quitclaim Deed Reserving Life Estate form.
Included Franklin County compliant document last validated/updated 10/2/2024

Completed Example of the Quitclaim Deed Reserving Life Estate Document

Franklin County Completed Example of the Quitclaim Deed Reserving Life Estate Document

Example of a properly completed Mississippi Quitclaim Deed Reserving Life Estate document for reference.
Included Franklin County compliant document last validated/updated 10/14/2024

The following Mississippi and Franklin County supplemental forms are included as a courtesy with your order:

When using these Quitclaim Deed Reserving Life Estate forms, the subject real estate must be physically located in Franklin County. The executed documents should then be recorded in the following office:

Franklin County Chancery Clerk

36 Main St / PO Box 297, Meadville, Mississippi 39653

Hours: 8:00am to 5:00pm M-F

Phone: (601) 384-2330

Local jurisdictions located in Franklin County include:

  • Bude
  • Mc Call Creek
  • Meadville
  • Roxie

How long does it take to get my forms?

Forms are available immediately after submitting payment.

How do I get my forms, are they emailed?

Immediately after you submit payment, the Franklin County forms you order will be available for download directly from your account. You can then download the forms to your computer. If you do not already have an account, one will be created for you as part of the order process, and your login details will be provided to you. If you encounter any issues accessing your forms, please reach out to our support team for assistance. Forms are NOT emailed to you.

What does "validated/updated" mean?

This indicates the most recent date when at least one of the following occurred:

  • Updated: The document was updated or changed to remain compliant.
  • Validated: The document was examined by an attorney or staff, or it was successfully recorded in Franklin County using our eRecording service.
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 the Quitclaim Deed Reserving Life Estate forms be re-used?

Yes. You can re-use the forms for your personal use. For example, if you have more than one property in Franklin County that you need to transfer you would only need to order our forms once for all of your properties in Franklin County.

What are supplemental forms?

Often when a deed is recorded, additional documents are required by Mississippi or Franklin County. These could be tax related, informational, or even as simple as a coversheet. Supplemental forms are provided for free with your order where available.

What type of files are the forms?

All of our Franklin County Quitclaim Deed Reserving Life Estate forms are PDFs. You will need to have or get Adobe Reader to use our forms. Adobe Reader is free software that most computers already have installed.

Do I need any special software to use these forms?

You will need to have Adobe Reader installed on your computer to use our forms. Adobe Reader is free software that most computers already have installed.

Do I have to enter all of my property information online?

No. The blank forms are downloaded to your computer and you fill them out there, at your convenience.

Can I save the completed form, email it to someone?

Yes, you can save your deed form at any point with your information in it. The forms can also be emailed, blank or complete, as attachments.

Are there any recurring fees involved?

No. Nothing to cancel, no memberships, no recurring fees.

A Mississippi quitclaim 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.

89-1-37. Effect of a conveyance without warranty. A conveyance without any warranty shall operate to transfer the title and possession of the grantor as a quitclaim and release.

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 quitclaim 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 quitclaim 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.

89-1-39. Effect of quitclaim and release. A conveyance of quitclaim and release shall be sufficient to pass all the estate or interest the grantor has in the land conveyed, and shall estop the grantor and his heirs from asserting a subsequently acquired adverse title to the lands conveyed.

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 quitclaim 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 QCD Reserving LE Package includes form, guidelines, and completed example) For use in Mississippi only.

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 Quitclaim 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.

4.8 out of 5 - ( 4420 Reviews )

Jimmy W.

November 1st, 2024

Very thorough with plenty of instructions. Nice to be able to fill in the forms on my computer at my own pace and edit if needed. Jim

Reply from Staff

We appreciate your business and value your feedback. Thank you. Have a wonderful day!

RUTH A.

October 25th, 2024

I am so very thankful for the service that you provide for the public, thank you very much.

Reply from Staff

We deeply appreciate the trust you have placed in our services. Thank you for your valuable feedback and for choosing us.

Nancy R.

October 25th, 2024

Deeds.com is very precise, helpful and friendly. I found the form I needed without any effort and everything worked perfect and smooth. I recommend it 100%. rnThank you.

Reply from Staff

We are delighted to have been of service. Thank you for the positive review!

Robin M.

November 22nd, 2019

Thank you for your services...Attny office quoted a very large fee for the "TOD DEED" process, so this is very helpful that I am able to take care of this myself. If I would have researched your link sooner, I could have saved my Dad a lot of money for the "SURVIVORSHIP DEED". Thanks again & have a wonderful day:)

Reply from Staff

Thank you for your feedback. We really appreciate it. Have a great day!

Sheryl L.

December 1st, 2021

EZ to use program....was able to print all forms ordered. I expect to go back to to use recording ability. Instructions are easily followed...would be nice to have confirmation included but they are available to purchase. Hope for successful recording of TOD affidavit. Pretty good value...attorney quoted well over the price I paid for package.

Reply from Staff

We appreciate your business and value your feedback. Thank you. Have a wonderful day!

Wanda R.

January 22nd, 2019

Very satisfied with the ease of using your database. Excellent place to get help with deeds.

Reply from Staff

We appreciate your business and value your feedback. Thank you. Have a wonderful day!

Heidi S.

April 21st, 2022

I do not enjoy the process of not knowing how something works. When I get to a new website I cringe inside. When I find one that works I am pleased to have function. Thank you for making it easy for a lay person

Reply from Staff

Thank you for your feedback. We really appreciate it. Have a great day!

Rebecca Q.

January 19th, 2019

Very helpful! Unfortunately, they didn't have what I needed, but they got back to me quickly and didn't charge me anything. Easy to work with.

Reply from Staff

Thank you for your feedback. We really appreciate it. Have a great day!

James B.

January 18th, 2021

This was very easy to do. Great experience.
These are the forms I needed. I would recommend these to anyone.

Reply from Staff

Thank you!

Margaret S.

March 19th, 2019

Forms & Guide easy to use. It would have been helpful if the counties with identical form packages were identified. I bought two packages when I could have used one.

Reply from Staff

Thank you for your feedback Margaret. We have processed a refund for one of your payments. Have a great day.

Kristi T.

October 16th, 2020

This was so very easy and fast! Well worth the small fee. I will use this again if I have a need.

Thank you!

Reply from Staff

We appreciate your business and value your feedback. Thank you. Have a wonderful day!

Jo Ann M.

August 18th, 2022

Easy from the download to just fill out and print. Good instructions to follow. A cover letter form would be a extra plus

Reply from Staff

We appreciate your business and value your feedback. Thank you. Have a wonderful day!

FE P.

March 4th, 2023

Looked into a good number of DIY deeds on the internet. Very glad that I chose Deeds.com. They made it easy to make your own deed based on your state and the process based on the sample included was easy to follow. Also the cost was very reasonable. Great company.

Reply from Staff

We appreciate your business and value your feedback. Thank you. Have a wonderful day!

Richard M.

January 9th, 2020

Needed some help at the beginning but once I was into the program it was smooth sailing.

Reply from Staff

Thank you!

Anthony T.

August 6th, 2019

Would be better if you could save the forms to word for easier use on your computer.

Reply from Staff

Thank you!