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In our second video of the refinance training, we discuss the importance of the owner's affidavit in the refinance process. This document confirms that the property owner is the sole owner with no other interests in the property. While the owner's affidavit is typically notarized, it is not necessary to notarize it if it does not have a notary block. It is essential to review the owner's affidavit in detail to ensure a clear understanding. You can simply present the document and explain its purpose to the lender without needing to read each item listed.