MS HB1140

Amends Mississippi law to require chancery clerks to execute deeds of conveyance to tax sale purchasers immediately upon payment of the purchase price, rather than waiting until the redemption period expires

Removes the previous requirement that the two-year redemption period must expire before a deed can be issued to the tax sale purchaser

Maintains existing provisions that deeds vest "perfect title with immediate right of possession" and can only be invalidated if the land was not liable for taxes, taxes were already paid, or the sale occurred at the wrong time or place

Brings forward existing statutes on land redemption (allowing owners two years to redeem property by paying taxes, costs, 5% damages, and 1.5% monthly interest) and interest on unpaid taxes (0.5% per month after February 1) for possible future amendment

Effective date: July 1, 2022