This owner's affidavit contains certain statements of facts verified by oath or affirmation by the owner of real estate in connection with a sale or financing. It is customarily required by the title company insuring an interest in title to the real estate.
If you don't file one when needed, it could lead to complications down the line, like challenges to your ownership or issues during sales.
You generally submit it to the relevant county recorder's office as part of your property records. It's a bit like putting a stamp on your ownership!
While it's not strictly necessary, having a lawyer can be a smart move to ensure everything is in order and complies with local laws.
Yes, it usually requires your name, property description, and any pertinent legal information to back your claim as the owner.
Typically, the property owner or a representative on their behalf fills it out to affirm ownership and related facts.
You'd need an Owner's Affidavit to assure everyone that you’re the rightful owner of the property, especially during a sale or refinancing.
An Owner's Affidavit is a legal document that confirms the identity and ownership of a property, often used in real estate transactions to clear up any doubts.