Desoto County Warranty Deed Reserving Life Estate Form (Mississippi)

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

Warranty Deed Reserving Life Estate Form

Desoto County Warranty Deed Reserving Life Estate Form

Fill in the blank form formatted to comply with all recording and content requirements.
Included Desoto County compliant document last validated/updated 10/24/2024

Warranty Deed Guide

Desoto County Warranty Deed Guide

Line by line guide explaining every blank on the form.
Included Desoto County compliant document last validated/updated 9/26/2024

Completed Example of the Warranty Deed Reserving Life Estate Form

Desoto County Completed Example of the Warranty Deed Reserving Life Estate Form

Example of a properly completed form for reference.
Included Desoto County compliant document last validated/updated 11/8/2024

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

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

DeSoto County Chancery Clerk

Courthouse - 2535 Highway 51 S, Rm 104 / P.O. Box 949, Hernando, Mississippi 38632

Hours: 8:30 to 4:30 M-F

Phone: (662) 429-8005

Local jurisdictions located in Desoto County include:

  • Hernando
  • Horn Lake
  • Lake Cormorant
  • Nesbit
  • Olive Branch
  • Southaven
  • Walls

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 Desoto 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 Desoto County using our eRecording service.
Are these forms guaranteed to be recordable in Desoto County?

Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Desoto County including margin requirements, content requirements, font and font size requirements.

Can the Warranty 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 Desoto County that you need to transfer you would only need to order our forms once for all of your properties in Desoto County.

What are supplemental forms?

Often when a deed is recorded, additional documents are required by Mississippi or Desoto 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 Desoto County Warranty 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 warranty 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. In Mississippi, a warranty deed is a deed where the grantor (seller) guarantees that they hold clear title to a piece of real estate and have a right to sell it to the grantee (buyer). The guarantee is not limited to the time the grantor owned the property---it extends back to the property's origins. This means that the grantor is guaranteeing that there are no encumbrances or claims on the property from before they took ownership.

89-1-33. Effect of word "warrant" in conveyance. The word "warrant" without restrictive words in a conveyance shall have the effect of embracing all of the five (5) covenants known to common law, to wit: seizin, power to sell, freedom from incumbrance, quiet enjoyment and warranty of title.

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 warranty 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 warranty 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.

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 warranty 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 WD 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 Desoto 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 Desoto County Warranty 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 - ( 4434 Reviews )

James S.

November 21st, 2024

Forms used, created quitclaim deed that the county accepted without a second look (turns out they see deeds.com forms regularly via erecording and in person). Will be back for any real estate related forms I need and they carry. Will always be my first stop. Also, will use erecording next time, mad I didn't see it this time.

Reply from Staff

Thanks for the kind words James, glad we could help. Look forward to seeing you again.

Thomas G.

November 21st, 2024

Wasn’t what I expected

Reply from Staff

Sorry to hear that your expectations were missed. Your order has been canceled. We do hope that you find something more suitable to your expectations elsewhere. Do keep in mind that purchasing legal forms should not be an exploratory endeavor.

Jimmy P.

November 20th, 2024

They sent me everything I would need to do this. Easy purchase -Easy download. Great!! I'll be back here for all my document needs.

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randall a.

July 16th, 2019

As advertised. good value.

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Laura B.

May 5th, 2020

Quick and easy! Took the hassle out of trying to locate information during this quarantine.

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Bonnie M.

May 26th, 2022

I received what I requested. Then I didn't need it after all.

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October 24th, 2023

Great service and so quick at responding!

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Kathy P.

November 25th, 2019

I like that the quit claim form was fill in the blank on my computer instead of online, made it so much easier than having to do everything at once, at the mercy of the internet connection. Will refer others here.

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Timothy L.

September 20th, 2020

It was very simple and easy to fill out the information need to do the warranty deed.

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Mary D.

July 13th, 2021

So far, understanding the process involved to get these forms was simple. I would like to have known or received some information as to charges for filing these documents. Or, be directed to a place that lists charges.

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Brian O.

June 27th, 2020

It's an instant download. I was very pleased that it included instructions and any necessary additional forms. Much easier than spending 3 hours on a county assessor's website searching for every single form. A good deal and I don't know how Deeds.com keeps up with thousands of counties. The fillable .pdf capability is a great enhancement.

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Rita M.

January 12th, 2019

Forget what I just wrote! I found it. Thank You! This is a very convenient service.

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Ann C.

December 27th, 2019

This service is the absolute BOMB! I wish every business ran as fast and efficiently as you all do! Seriously - No joke!

Thank you guys!

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Jerome K.

July 2nd, 2021

Very Fast and simple process for finding documents and downloading

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Patricia R.

September 26th, 2022

Great Transaction. Easy to follow instructions!

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