Texas Seller's Affidavit of Payment of Contractors, Subcontractors, Materialmen - Individual

Texas Seller's Affidavit of Payment of Contractors, Subcontractors, Materialmen - Individual
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State:
Texas
Control #:
TX-026-09
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Description

This Seller's Affidavit of Payment of Contractors, Subcontractors, Materialmen form is for use by an individual seller to state under oath, that upon receipt of a request from the purchaser or the purchaser's agent prior to closing of the purchase of the real property, all contractors, laborers, or materialmen of the seller have been paid in full for all labor and materials provided to the seller through a certain date for construction of improvements on the real property and the seller is not indebted to any person, firm or corporation by reason of any such construction through the date provided except as listed in the affidavit. This affidavit may contain a waiver or release of lien rights by the affiant that is conditioned on the receipt of actual payment or collection of funds when payment is made by check or draft; a warranty or representation that certain bills or classes of bills will be paid by the affiant from funds paid in reliance on the affidavit; and an indemnification by the affiant for any loss or expense resulting from false or incorrect information in the affidavit.

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