Corpus

Provision regarding responsibility for fees and taxes required in certain contracts.

Miss. Code Ann. § 75-76-143
in effect
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When any person contracts to sell or lease any property or interest in property, real or personal, under circumstances which require the approval or licensing of the purchaser or lessee by the commission, the contract must contain a provision satisfactory to the commission regarding responsibility for the payment of any fees or taxes due pursuant to any subsequent deficiency determinations made under this chapter which encompass any period of time before the closing date of the transaction.
Provision regarding responsibility for fees and taxes required in certain contracts. | Corpus