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This video tutorial discusses the importance of the owners affidavit in the refinance process. The affidavit states that the owner is the sole person with an interest in the property. It is typically docHubbed, but notarization may not always be required. It is essential to understand the contents of the affidavit and ensure that no one else has a claim on the property. While it may not be necessary to read each item aloud, it is crucial for the lender to have the option to do so.