SB 2882

AN ACT TO AMEND SECTION 27-33-31, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT NO APPLICANT SHALL BE REQUIRED TO PRODUCE A COPY OF ANY CLOSING STATEMENT OR DISCLOSURE IN ORDER TO QUALIFY FOR HOMESTEAD EXEMPTION; TO PROVIDE THAT THE REQUIREMENT TO FILE A NEW APPLICATION FOR HOMESTEAD EXEMPTION IF CHANGES HAVE OCCURRED IN THE STATUS OF THE HOMESTEAD PROPERTY DESCRIPTION, OWNERSHIP, USE OR OCCUPANCY SINCE JANUARY 1 OF THE PRECEDING YEAR, SHALL NOT APPLY TO ANY CONVEYANCE OF HOMESTEAD PROPERTY WHEREBY THE GRANTOR RESERVES A LIFE ESTATE INTEREST IN THE PROPERTY; AND FOR RELATED PURPOSES.