Definition
Under oath, the seller confirms the property's condition, that there are no hidden title defects, and that all representations made are truthful. False statements have serious legal consequences.
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Affidavit verifies seller's representations. Confirms title status, liens, pending claims. Establishes legal responsibility for false statements. Required by many lenders. Part of closing documents. Seller signs under oath. False statements have legal consequences. Perjury risk enforces honesty. Defends against post-closing claims. Common standard document. Simple straightforward statement. Critical for buyer protection.
Pro Tip
Sellers should answer affidavits honestly. False statements have legal consequences.
Example
Seller's affidavit confirmed no known title defects or litigation.