New Jersey Name Affidavit of Buyer
What this document covers
The Name Affidavit of Buyer is a legal document that allows a buyer to affirm their legal name and any alternate names they may be known by. This form clarifies any discrepancies in name usage, ensuring that all signatures on closing documents refer to the same individual. It is particularly important in real estate transactions where multiple names may be used in documentation.
Form components explained
- State and county declaration for jurisdiction.
- Identification of the buyer with printed name, including signature.
- Certification of alternate names that the buyer may use.
- Details regarding the property in question.
- Notary section for official witnessing of the affidavit.
Situations where this form applies
This affidavit should be used when a buyer's name appears in different forms on various documents related to a real estate transaction. It helps clear up any confusion regarding the identity of the buyer, especially during the closing process, to ensure all legal documents are correctly executed.
Intended users of this form
- Buyers involved in real estate transactions.
- Individuals who have previously used different names or variations of their name.
- Anyone required to provide proof of identity as part of closing documents.
How to prepare this document
- Enter the state and county at the top of the form.
- Clearly print or type the legal name of the buyer, followed by their signature.
- List all alternate names the buyer is known by.
- Provide the property address involved in the transaction.
- Ensure the form is signed in the presence of a notary public.
Does this document require notarization?
This form must be notarized to be legally valid. US Legal Forms provides secure online notarization powered by Notarize, allowing you to complete the process through a verified video call.
Mistakes to watch out for
- Failing to match signatures exactly as they appear on other relevant documents.
- Not including all alternate names if applicable.
- Leaving the property address blank or incomplete.
Benefits of using this form online
- Convenient access to the form anytime, allowing for easy completion at your pace.
- Editable format enables customization to suit your specific needs.
- Ensured reliability as the form is drafted by licensed attorneys.
Form popularity
FAQ
There are only nine title-holding states: Kentucky, Maryland, Michigan, Minnesota, Missouri, Montana, New York, Oklahoma, Wisconsin. In the other 41 states, titles are issued to the lien holder of your vehicle until the loan is fully paid off.
An Owner Affidavit is a document used by title and closing agencies to ensure that the current owner of a property is in ownership of the property free and clear of any encumbrances.The Owner Affidavit places the seller on the hook for any claims that may arise that are not covered by the title insurance policy.
A New Jersey bill of sale is a form that uses specific language to transfer the ownership of an item from one person to another.Most New Jersey bills of sale do not need to be notarized.
You'll first need to download a packet titled Duplicate Title Requirements for No Proof of Ownership, complete the forms included in the packet, and mail it to the New Jersey Motor Vehicle Commission offices in Trenton, along with a check or money order for $60.
A bill of sale does not serve as proof of ownership. Only a title has that legal authority. Bills of sale serve as proof of title transfer, which buyers and sellers need for personal financial and tax records.
You will need all of the items listed in the first section (10 total), plus the following: A notarized statement from the seller to the buyer that includes all of the following information about the vehicle sale: year manufactured, make, VIN, date of sale, and price of purchase.
An affidavit of title is a legal document provided by the seller of a piece of property that explicitly states the status of potential legal issues involving the property or the seller. The affidavit is a sworn statement of fact that specifies the seller of a property holds the title to it.
New Jersey requires a bill of sale for cars and other motor vehicle type transactions. The New Jersey Motor Vehicle Commission (NJ MVC) requires a bill of sale, which is a legal document that offers proof of ownership, to register and title pre-owned vehicles bought at auctions, as well as abandoned vehicles.
You cannot buy or sell a vehicle without a title. In this case, the current owner must obtain a duplicate title before selling the vehicle.
