Mississippi Disclosure Law
Miss. Code Ann. §89-1-501 requires sellers to provide a written disclosure statement to buyers before or at the time of executing a purchase contract.
What Must Be Disclosed
Termite Disclosure
Mississippi has among the highest termite activity in the US. While the disclosure form asks about pest damage, sellers should also be aware that WDO inspections are required by FHA and VA lenders. If you know of past termite damage, disclose it — even if treated.
Flood and Wind
Gulf Coast properties face heightened flood and wind risks. FEMA flood zone status must be disclosed. Buyers in flood zones must obtain flood insurance — this is a material fact. Sellers should also disclose any history of hurricane or flood damage.
Exemptions
New construction, foreclosure sales, estate transfers, and court-ordered sales are exempt from the Mississippi disclosure requirement.
Penalties
Failure to disclose known material defects gives buyers grounds for rescission and fraud damages under Mississippi law.
Download the Mississippi disclosure form at byownerhub.com/mississippi-fsbo-guide.