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OWNERS SWORN STATEMENT STATE OF ILLINOIS)) SS. COUNTY OF) The undersigned, being duly sworn, depose and say that the owner(s) of the property and premises commonly known as and legally described as:

How to fill out owners sworn statement

How to fill out an owner's sworn statement:

1. Start by obtaining the necessary form: You can usually find a template for an owner's sworn statement online or request one from the relevant authority. Make sure the form matches the requirements of the jurisdiction you are in.
2. Begin by filling out your personal information: The form will typically ask for details such as your name, address, contact information, and sometimes your social security number or tax identification number. Provide accurate and up-to-date information.
3. Identify the property or project: Indicate the specific property or construction project that the sworn statement pertains to. Include any relevant details such as the address or legal description of the property.
4. Describe your ownership interest: Specify your role in the project or your ownership status for the property. This may include indicating if you are the property owner, a contractor, a subcontractor, or another party involved.
5. Provide a detailed account of any outstanding payments: List any payments owed to you or your company for work completed on the project or any materials supplied. Include dates, amounts, and descriptions of the work or materials.
6. Include any necessary attachments: Depending on the requirements, you may need to attach supporting documentation such as invoices, contracts, or lien waivers. Make sure to review the instructions and guidelines to ensure you provide all the necessary paperwork.
7. Sign and date the sworn statement: Once you have filled out all the required information, sign the document and date it properly. Be aware that a sworn statement is a legally binding document, so ensure the accuracy of the information provided.

Who needs an owner's sworn statement?

1. Contractors: Contractors may require an owner's sworn statement to ensure that the property owner has fulfilled their financial obligations, has proper ownership rights, and can provide any necessary documents or information related to the project.
2. Subcontractors: Subcontractors may request an owner's sworn statement to understand their rights and protections regarding payment and to confirm the property owner's financial status.
3. Lenders: Lenders may require an owner's sworn statement before providing funding for a project, as it helps them assess the project's financial viability and ensure that sufficient funds are available.
4. Legal entities: Lawyers or legal entities involved in litigation or real estate transactions may request an owner's sworn statement to verify ownership, financial matters, or other relevant details for legal proceedings.

In conclusion, filling out an owner's sworn statement requires accurately providing personal information, describing ownership interests, detailing outstanding payments, and attaching any required documentation. This document is often required by contractors, subcontractors, lenders, and legal entities involved in real estate transactions or litigation.

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What is owners sworn statement?

Owners sworn statement is a legal document signed by the owner of a property confirming ownership and providing other relevant information.

Who is required to file owners sworn statement?

Property owners are required to file owners sworn statement.

How to fill out owners sworn statement?

Owners sworn statement can be filled out by providing accurate information about the property ownership and any requested details.

What is the purpose of owners sworn statement?

The purpose of owners sworn statement is to verify property ownership and provide necessary information for legal or administrative purposes.

What information must be reported on owners sworn statement?

Owners sworn statement typically requires information such as property address, owner's name, contact information, and any relevant details about the property.