Requires real estate purchasers to be notified about ad valorem taxes before closing.
Mississippi HB1514 mandates that before any real estate closing, the purchaser must receive notice about ad valorem taxes. This notice includes information on whether the taxes are due, if the taxes are in arrears, and if the property may have been sold for nonpayment of taxes. This act is set to take effect from July 1, 2026.
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