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The Owners Affidavit is a sworn statement that outlines the sellers knowledge of the propertys status. The seller is required to disclose its knowledge of any unpaid liens, ongoing disputes, tenants, or recent construction.
What is the purpose of an affidavit?
An Affidavit of Ownership is a legally binding document used to confirm a persons ownership of an asset, such as real estate, a vehicle, business shares, or personal property. It is often required in legal, financial, and real estate transactions where formal proof of ownership is missing, unclear, or disputed.
What is an affidavit of ownership used for?
Although affidavits are considered legal documents, anyone can draft one. As long as it is signed, witnessed, and docHubd correctly, the affidavit will be valid. This means that you do not need to ask a lawyer to create an affidavit.
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I docHub under penalty of the laws of the State of Arkansas that I am the property owner of the property that is the subject matter of this application and I
I am the legal owner of said premise or I am the authorized agent acting of behalf and with the consent of said owner. II. All work to be performed at said
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