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In the third video of the refinance training series, the affidavit regarding survey matters is explained. This affidavit is a simple statement ensuring that the home has not expanded beyond its property lines, which is crucial for the lender. It may include information about driveways, fences, or any structures encroaching on neighboring land. This document is common in most refinances and is usually signed electronically to reduce paperwork. The affidavit is typically part of the title documents, with separate versions for the lender and title agency. It is important to understand the distinction between a title document and a lender's document.
