Missouri Name Affidavit of Buyer

State:
Missouri
Control #:
MO-CLOSE5
Format:
Word; 
Rich Text
Instant download

Description

The Buyers Name Affidavit is for the Buyer to provide a statement of his or her legal name and signature, as well as to certify to other "known as" names. Many times persons sign documents in different ways and the name affidavit is necessary to clarify that the signatures are one and the same person. i.e. John Jones, John T. Jones and J.T. Jones are one and the same person.

Definition and meaning

The Missouri Name Affidavit of Buyer is a legal document used to confirm the identity of the buyer in real estate transactions. This affidavit is essential when the names of the buyers on closing documents differ from those on identification or other legal documents. By signing this form, individuals affirm that they are the same person referenced in all related closing documents, thereby ensuring clarity and preventing potential disputes over identity.

How to complete a form

Completing the Missouri Name Affidavit of Buyer requires careful attention to detail. Follow these steps:

  1. Print your name clearly in the designated space.
  2. Provide your signature, ensuring it matches that on all transaction documents.
  3. Repeat the process for any co-buyers, listing their names and signatures.
  4. State the name you are claiming as your official name in relation to the property.
  5. Sign and date the affidavit in front of a notary public.

Ensure that all spaces are filled out legibly to avoid any delays in processing.

Who should use this form

The Missouri Name Affidavit of Buyer is intended for individuals involved in real estate transactions who have legal names that differ on various documents. This form is particularly useful for:

  • Homebuyers wishing to clarify discrepancies in name documentation.
  • Individuals changing their name due to marriage or other legal reasons.
  • Partners buying property together under different legal names.

Using this form helps ensure accurate identification for all parties involved in the transaction.

Legal use and context

In Missouri, the Name Affidavit of Buyer is utilized during the closing process of real estate transactions. It serves to:

  • Establish the buyer's identity as it relates to the purchase of property.
  • Prevent fraud or entitlement disputes regarding the ownership of the property.
  • Facilitate the accurate recording of the deed by ensuring the buyer's name matches legal documents.

Legal professionals often recommend this affidavit to safeguard all parties involved in the transaction.

Key components of the form

The Missouri Name Affidavit of Buyer generally includes several vital components to ensure its validity, such as:

  • A declaration that the undersigned person affirms their name and identity.
  • Space for the buyer’s printed name and signature.
  • Information about any co-buyers, including their names and signatures.
  • The specific property address related to the transaction.
  • A notary acknowledgment section to ensure the affidavit is legally recognized.

Each component works together to verify the identity of the buyer in the context of the property transfer.

What to expect during notarization or witnessing

During the notarization of the Missouri Name Affidavit of Buyer, the following steps typically occur:

  • Present a valid form of identification to the notary public.
  • Sign the affidavit in the presence of the notary.
  • The notary will verify your identity and witness your signature.
  • The notary will complete their section of the form, including their signature and seal.

This process ensures that the affidavit is legally bound and recognized, adding legitimacy to the document.

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FAQ

An Application for Missouri Title and License (Form 108) Document, completed in full and signed, including the following: If applicable, a notarized Lien Release (Form 4809) is required. Submit an $8.50 duplicate title fee and a $6.00 processing fee.

The license office might also require you to have with you a bill of sale and a notarized statement of facts (a paper indicating how you came into possession of the vehicle and why you have no title).Your title will be marked "bonded".

Remember: All sellers and purchasers must print their names and sign the back of the title in the assignment area. These signatures do not need to be notarized. The seller must write in the odometer reading and date of sale. You may not use correction fluid (white-out) or erase marks from the title.

The old law required every other year inspections for vehicles more than 5 years old.Vehicle maintenance workers are to check a vehicle's braking, steering and exhaust systems. Lights, turn signals, wipers, seat belts, tires and the horn are also checked.

General Affidavit Form (DOR-768) Note that some require notarization of the applicant's signature. Non-Use (notary required): Must be completed when applicant asks to license a vehicle that has not been operated on the highways, and applicant wishes to have registration fee prorated.

Where Do I Sign a Missouri Title? Sign the back of the title where it reads "Signature(s) of All Seller(s)." Print your name on the back of the title where it reads "Hand Printed Name(s) by Seller(s)."

Missouri does not require that lien waivers be notarized in order to be effective. However, there are specific signature requirements that apply to residential jobs.

The original title with back assignment filled out. The Application for Missouri Title and Registration. Proof of insurance. Certificate of safety inspection. Payment for all fees and taxes. Your driver's license.

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Missouri Name Affidavit of Buyer