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Alabama Commercial Real Estate Brokers Affidavit

Category:
Alabama Affidavits
State:
Alabama
Control #:
AL-S004ST
Format:
Word; 
Rich Text
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Description

This affidavit is given to induce any purchaser to purchase and any lender to accent a mortgage on the property. An affidavit of title is a document commonly required when you purchase real estate. In it, the owner of the property swears that the facts they've provided about their property are correct. Most states require an affidavit of title when conducting a real estate transaction. An Alabama Commercial Real Estate Brokers Affidavit is a legal document that is used to certify the authenticity of a commercial real estate transaction in the state of Alabama. The affidavit is signed by both the buyer and seller, and is often required when transferring title or when obtaining a loan for a real estate transaction. The affidavit must be notarized and must include the names of both parties, the property address, a description of the property, the terms of the sale, and the amount of commission to be paid to the broker. There are two types of Alabama Commercial Real Estate Brokers Affidavit: the Single Agent Affidavit and the Multiple Agent Affidavit. The Single Agent Affidavit is used when a single broker is involved in the transaction. The Multiple Agent Affidavit is used when multiple brokers are involved in the transaction. Both affidavits require that the broker disclose any financial interest in the transaction.

An Alabama Commercial Real Estate Brokers Affidavit is a legal document that is used to certify the authenticity of a commercial real estate transaction in the state of Alabama. The affidavit is signed by both the buyer and seller, and is often required when transferring title or when obtaining a loan for a real estate transaction. The affidavit must be notarized and must include the names of both parties, the property address, a description of the property, the terms of the sale, and the amount of commission to be paid to the broker. There are two types of Alabama Commercial Real Estate Brokers Affidavit: the Single Agent Affidavit and the Multiple Agent Affidavit. The Single Agent Affidavit is used when a single broker is involved in the transaction. The Multiple Agent Affidavit is used when multiple brokers are involved in the transaction. Both affidavits require that the broker disclose any financial interest in the transaction.

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Alabama Commercial Real Estate Brokers Affidavit
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