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Affidavit of Title

An affidavit of title is a legal document that provides proof of ownership and that there are no other claims or liens against the property.

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Service Description

An Affidavit of Title is a legal document that is used to provide assurance to a buyer that the seller of a property holds legal ownership of the property and has the right to transfer ownership to the buyer. It is an important document in real estate transactions, as it helps to protect the buyer from any disputes over ownership or any encumbrances on the property.

The Affidavit of Title typically includes information such as the legal description of the property, the names of the current owners, and any liens or encumbrances that are known to exist. This document is signed by the seller, who is swearing under oath that they are the legal owner of the property and that there are no other parties with a claim to the property.

The purpose of the Affidavit of Title is to provide the buyer with a clear title to the property, free from any legal disputes or encumbrances. It is typically required by a title company before they will issue title insurance to the buyer, and may also be required by a lender as a condition of financing.

When preparing an Affidavit of Title, it is important to ensure that all information is accurate and up-to-date. Any errors or omissions could result in a delay in the closing of the transaction or even a dispute over ownership of the property.

In conclusion, an Affidavit of Title is an important legal document that provides assurance to the buyer that the seller has legal ownership of the property and has the right to transfer ownership. It is a critical component of the real estate transaction process and helps to protect both the buyer and seller from any future disputes over ownership or title.

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