What is the purpose of an affidavit of value?
Similarly one may ask, what is the purpose of an affidavit?
An affidavit is a type of verified statement or showing, or in other words, it contains a verification, meaning it is under oath or penalty of perjury, and this serves as evidence to its veracity and is required for court proceedings.
Additionally, what is an affidavit of real property? An Affidavit of Title is a legal document provided by the seller of a piece of property that explicitly states the status of potential legal issues involving the property or the seller. The affidavit is a sworn statement of fact that specifies the seller of a property holds the title to it.
Similarly, you may ask, what is the purpose of the owner's affidavit?
To establish ownership of the property. To establish a corporate officer's authority to execute a deed. To establish the non-foreign status of the seller. To give the title underwriter assurances to allow it to remove some of the standard exceptions.
What is an affidavit India?
An Affidavit is a written official statement of fact made by an individual (called a deponent) under an oath. It is administered by a person who has the authority to regulate oaths. The affidavit can be signed in front of the notary public or Oaths Commissioner.