AFFIDAVIT OF OWnership – Lease Options

How can you prove that the property belongs to you?

When you need to put forward what belongs to you, then you may need to put it in writing in the form of affidavit of ownership. It becomes evident how you purchased or became the owner of the property through the affidavit of ownership.

This affidavit is required when

• There is a requirement to prove that you own the property
• You need to prove that the vehicle is owned by you.

You may have asked for a loan from the bank. When your deed or the title certificate cannot suffice you are asked to provide an affidavit of ownership to the bank.

The benefit of the affidavit

The benefit of this affidavit that it proves that the said property or vehicle belongs to you and you are the rightful owner of that property. There are mentioned the details of the property owned by you and that proves that you are the real owner of the property. This affidavit is also known as ownership affidavit.

The affidavit contains your name and contact details and you swear in front of the notary that the property belongs to you and is in your name. You may also tell about the repairs and maintenance works that were done in the premises. This is important because it proves that you own the property. Thereafter you must sign the affidavit with the date in front of the notary public. Who will himself sign the document to prove that the affidavit and the claims made in it are true.

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Sample Template Preview

AFFIDAVIT OF OWNER RE: LIEN RIGHTS

STATE OF
                                           ss.
COUNTY OF

The undersigned, being first duly sworn, deposes and says that they are the owner of the following described property in ______________________ County, ________________State, described as follows:

More commonly known as:

Tax I.D. No:

          (COMPLETE THIS AFFIDAVIT BY CHECKING THE APPROPRIATE BOX BELOW)

Deponent further says that:
__________ A.   There have been no repairs, alterations, remodeling or new construction on the
above described premises in the last ninety (90) days.

__________ B.   Deponent has contracted for repairs, alterations, remodeling or new construction
on the above described premises which have been completed within the last ninety
(90) days,  Deponent paid for all of said improvements directly to the contractors
and there are no unpaid bills or claims for labor or services or material in con-
nection therewith except as follows: ______________________________________
_____________________________________________________________________
_____________________________________________________________________

__________ C.   Deponent has contracted with a general contractor for repairs, alterations, remod-
eling or new construction on the above described premises which have been com-
pleted within the last ninety (90) days.  The sworn statement of said contractor for
improvements, and appropriate supporting waivers of lien, are submitted herewith.
Deponent has not been served with any notice that a lien will be claimed on the
above described premises for labor performed or material furnished except as
follows: ______________________________________________________________
_____________________________________________________________________
_____________________________________________________________________

__________  D.   Deponent has not other liens on said property other than those described here:
______________________________________________________________________
______________________________________________________________________

DATED:________________________________   SIGNED BY:
                                                                                      ____________________________

                                                                                     ____________________________

Subscribed and sworn to before me this  __________ day of ____________, 20__.

Commission Expires: ______________      __________________________________
                                                                                   Notary Public