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Investing in a tax deeded property in Mississippi is only the beginning. Once you’ve secured the deed, it’s critical to understand your rights and responsibilities as the new owner—and how to protect your investment moving forward. Here’s a breakdown of what to expect post-purchase.
1. Confirm the Redemption Period Has Passed
In Mississippi, tax deeds are generally issued after the redemption period has expired—usually two years from the tax sale date. However, mistakes happen. Double-check county records to ensure the redemption window is closed and that you're the uncontested owner.
2. Get Insured: Quiet Title Action
Most title insurance companies won’t issue a policy on a tax deeded property unless a court has "quieted" the title. This legal process confirms you are the rightful owner and clears any potential claims. While not mandatory, a quiet title action is strongly recommended, especially if you plan to sell or refinance.
3. Inspect the Property
Even though you technically own the property, you may not have legal access until you've completed the quiet title process. Once that’s resolved, conduct a thorough inspection. Look for structural issues, environmental hazards, or evidence of illegal occupancy.
4. Remove Occupants Legally
If the property is occupied, you’ll need to follow formal eviction proceedings—even if the residents are former owners or tenants of the previous owner. Mississippi courts require proper notice and legal justification before approving removal.
5. Bring the Property Up to Code
Many tax deed properties are neglected. Contact local code enforcement to learn about any violations. Making necessary repairs not only increases the property’s value but also protects you from municipal fines or legal action.
Posted by Nick Miller on
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