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Get Property Transfer Affidavit
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How to fill out the Property Transfer Affidavit online
The Property Transfer Affidavit is a crucial document that needs to be filed whenever there is a transfer of real estate or certain types of personal property. This guide provides step-by-step instructions on how to accurately complete the affidavit online, ensuring compliance with local regulations.
Follow the steps to fill out your Property Transfer Affidavit online.
- Press the ‘Get Form’ button to access the Property Transfer Affidavit and open it in your selected online editor.
- Begin by providing the street address of the property in the designated field.
- Select the county where the property is located from the dropdown menu.
- Indicate the city, township, or village of the real estate in the corresponding section.
- Input the date of transfer or the date when the land contract was signed.
- Enter the Property Identification Number (PIN). If you don't have a PIN, attach the legal description.
- Fill in the purchase price of the real estate.
- Provide the seller's (transferor) name in the appropriate field.
- Enter the buyer's (transferee) name and mailing address.
- Optional: Include the buyer's (transferee) telephone number if you wish.
- Select the type of transfer by indicating the method used (e.g., deed, land contract, etc.).
- Confirm whether the property was purchased from a financial institution by selecting 'Yes' or 'No.'
- State if the transfer is between related persons by choosing 'Yes' or 'No.'
- Input the amount of the down payment made for the property.
- If financed, indicate whether the market rate of interest was paid.
- Input the amount financed (borrowed) by the buyer.
- If applicable, describe your exemption claim for the property transfer.
- Complete the certification section by signing, providing the date, and, if necessary, adding the name and title of the signer.
- Once all fields are accurately filled, save the changes, then choose to download, print, or share the completed affidavit.
Complete your Property Transfer Affidavit online today to ensure a smooth and compliant transfer process.
One of the most common forms of property ownership transfer is to gift a property to your children. This is a relatively common way to minimise the impact of inheritance tax. It is important to remember that there can be financial and other consequences to gifting property to your children, however.
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