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This video tutorial discusses the importance of an owner's affidavit in refinancing. It is a statement confirming sole ownership of the property. Notarization may not be needed if it already includes a notary block. It is essential to understand and explain the document to clients. Owners affirm that no one else has an interest in the property. While detailing the document, it is not necessary to read out each point, but clients can review if desired.
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