Selling Household Items Legally
Summary
When selling household items left on a property in Mississippi, ensure they are not classified as secured property in your financing contract. Since your contract states that household goods are not part of the secured property unless specified, you should be able to sell them. However, its advisable to consult a legal professional to confirm this and avoid any potential issues. Legal documents can be complex, and a thorough review by a professional can provide peace of mind.Full Conversation
items left on the property not the property its self
In Mississippi, the sale of personal property (items left on the property) generally doesn't affect the deed of trust for the real property (house). However, you should ensure that these items aren't considered part of the secured property under your financing contract. It would be useful to review the contract with a legal professional to clarify this.
Are the items you're planning to sell specifically mentioned in the contract?
There is nothing in the warranty deed, promisary note, or land deed of trust that specifies anything specific. It states notwithstanding any provisins in this agreement or in any other agreement with the secured party shall not have a nonpossessory security interest in and its collateral or Property shall not include any "household goods" (as defined by the Federal Reserve Board Regulation AA, subpart B) unless the household goods are identified in a security agreement and are acquired as a result of a purchase money obligation
From your description, it seems the items you're planning to sell are considered "household goods" and are not part of the secured property under your financing contract. However, it would still be prudent to consult a legal professional to ensure compliance and avoid any potential issues.
Have you checked if there are any specific items listed as collateral in a security agreement?
I have and there is nothing specific listed
Based on the information provided, it seems that the items you are planning to sell are not part of the secured property. However, since legal documents can be complex, it’s advisable to get a legal professional to review your contract thoroughly.
Is there any particular aspect of the contract or situation that you need more clarity on?