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Mississippi Real Estate Contract

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What is a Mississippi Real Estate Contract?

A Mississippi real estate contract is an agreement made between a buyer and a seller for the purchase of real estate. The contract outlines the terms and conditions of the transaction and protects the interests of both parties.

A real estate contract will include essential information like:

To be legally binding and enforceable in Mississippi, a real estate contract must be in writing and signed by all parties involved in the transaction.

Common Mississippi Real Estate Contracts

The most common type of real estate contract is a purchase agreement for residential property. Other common contracts include:

  • Commercial real estate contract . Used when buying or selling property zoned for operating a business like an office building.
  • Contracts for deed. A contract where the buyer makes installment payments to the seller, with the transfer of ownership of the property occurring after the final payment is made.
  • Lease agreements. Used by a property owner to rent out their space to a tenant for use.

4 Essential Elements of a Mississippi Real Estate Contract

All real estate contracts in Mississippi must adhere to the Mississippi code governing contracts. The 4 essential elements that every real estate contract must include are:

  1. A valid offer by the buyer
  2. Acceptance of the offer by the seller
  3. Consideration (the exchange of items of value)
  4. The intention of both parties to enter the contract

What Does it Mean to Have a Contract on a Property in Mississippi?

Having a contract on a property in Mississippi means that a buyer and a seller have agreed on the terms and conditions for the purchase and sale of the property, and have signed a legally binding real estate contract.

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Meet some of our Mississippi Real Estate Contract Lawyers

Tameko P. on ContractsCounsel
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Member Since:
July 24, 2023

Tameko P.

Founder/CEO
Free Consultation
Olive Branch, MS
4 Yrs Experience
Licensed in MS
Mississippi College School of Law

My Solo law firm specializes in Personal Injury, some Criminal Law, Contract Dispute, Wills & POAs, Irreconcilable Differences Divorce, and landlord tenant dispute.

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Meet some of our other Real Estate Contract Lawyers

AJ M. on ContractsCounsel
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5.0 (3)
Member Since:
May 8, 2023

AJ M.

Managing Partner
Free Consultation
Atlanta, Georgia
26 Yrs Experience
Licensed in GA
U. Southern California

⛵AJ has practiced in entertainment, technology, intellectual property, data privacy and protection, a broad array of domestic and international transactions, finance, and as outside General Counsel for startup and growth companies.

Michael C. on ContractsCounsel
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5.0 (16)
Member Since:
May 12, 2023

Michael C.

Attorney and Business Consultant
Free Consultation
St. Paul, Minnesota
15 Yrs Experience
Licensed in MN
Brigham Young University

I offer top-tier legal expertise in startups, corporate governance, and general legal research. As a professor and published author of research articles and conference presentations, I have established myself as a legal expert, writer, and scholar. My strong research skills and innovative thinking make me a highly capable business consultant, legal adviser, and copywriter. Currently a member of the Minnesota bar. Recent freelance projects include business plans, contract drafting, legal advisory memoranda, due diligence, pre-trial motion practice, and discovery review.

MICHAEL B. on ContractsCounsel
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Member Since:
April 27, 2023

MICHAEL B.

Attorney
Free Consultation
Los Angeles, California
37 Yrs Experience
Licensed in CA
USC Gould School of Law

Hamilton College, BA 1974, University of Kansas, PhD 1980, USC Gould School of Law, JD 1986. Mr. Bordy represents clients in real estate and business transactions. He has conducted seminars and webinars in real estate financing transactions, commercial leasing transactions, legal opinions and business entity formation.

Marshal H. on ContractsCounsel
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Member Since:
May 2, 2023

Marshal H.

Attorney & Founder
Free Consultation
Houston, Texas
6 Yrs Experience
Licensed in TX
University of California, Berkeley

Sorry to toot my own horn, but I'm not your average lawyer. I graduated in the TOP 1% of my class from one of the nation's top law schools (Berkeley Law). I received eight awards for the HIGHEST GRADE in individual courses, including Constitutional Law, Advanced Legal Research, and Advanced Legal Writing. I worked for three years at a top-flight litigation boutique, where my clients included billion-dollar, household-name companies. I started my own law firm two years ago. Why? Because I wanted to help REAL PEOPLE, not just big companies. I win big cases on behalf of people who were done wrong by businesses, employers, and others. I am more than qualified to advise on any dispute, and am particularly experienced in matters related to digital commerce and consumer protection. Let's go get justice, together.

Tyler P. on ContractsCounsel
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Member Since:
May 3, 2023

Tyler P.

Attorney
Free Consultation
Los Angeles, California
1 Yr Experience
Licensed in CA
Northwestern California University School of Law

I am an experienced business coordinator with years of experience operating within an international setting where I discovered my passion for contracts and helping people. I became an attorney later in life to further and enhance these passions and to be able to help those in similar positions as I was find the legal help they need, and work with clients on a rate that is a fraction of the cost of going to a larger firm.

Devan B. on ContractsCounsel
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Member Since:
May 3, 2023

Devan B.

fractional corporate counsel
Free Consultation
Denver, Colorado
17 Yrs Experience
Licensed in WI
Marquette University Law School

General corporate attorney specializing in commercial contracting and data privacy.

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