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The Lost Note Affidavit Form Foreclosure in Fairfax is a legal document used when a promissory note has been lost but is necessary for a foreclosure process. This form is particularly crucial for people involved in real estate transactions or foreclosures, such as attorneys, partners, owners, associates, paralegals, and legal assistants. Key features of the form include the identification of the affiant, details regarding the lost note, its original terms, and the assertion that the current holder maintains ownership of the note. Additionally, the form includes indemnification clauses to protect against any potential double payment claims. Filling out this affidavit requires careful attention to detail, particularly in listing amounts and dates accurately. Users should attach a copy of the original note if available or provide a statement confirming the terms as true. The form must be signed in the presence of a notary public to validate its legal standing. This affidavit is essential for facilitating the foreclosure process when the original note cannot be located.
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