Get the free Virginia Affidavit of Payment Prior to Sale or Refinance - Corporation

Affidavit of Payment Prior to Sale or Refinance Corporation (Va. Code Ann. 43-13.3) State of Virginia County (or city) of, to wit: I, (notary or other officer) for the county (or city) aforesaid,

How to fill out virginia affidavit of payment

How to fill out virginia affidavit of payment:

1. Download the Virginia Affidavit of Payment form from the official website of the Virginia court system.
2. Fill in your personal information in the appropriate fields, such as your full name, address, and contact information.
3. Provide details about the payment you are affirming in the affidavit, including the date of the payment and the amount paid.
4. Explain the reason for making the payment and any relevant details or context.
5. Sign and date the affidavit at the bottom of the form.
6. Include any supporting documentation or evidence that may be required or helpful in the affidavit.
7. Make copies of the completed affidavit for your records and any other parties involved, if necessary.

Who needs virginia affidavit of payment:

1. Individuals who have made a payment and need to affirm the details and circumstances of the payment.
2. Parties involved in legal proceedings or disputes that require documentation of a payment made.
3. Organizations or businesses that may require proof of payment for compliance or financial purposes.

Any person who is the owner of a one-family or two-family residential dwelling unit not included within the scope of § 43-13.2 shall, at the time of settlement on the sale of such property, provide the purchaser, or lender in the case of a permanent loan or refinance, with an affidavit stating either (i) that all persons performing labor or furnishing materials in connection with any improvements on such property within 120 days prior to the date of settlement and with whom such owner is in privily of contract have been paid in full, or (ii) the name, address and amount payable or claimed to be payable to any person so performing labor or furnishing materials and with whom such owner is in privily of contract.

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What is virginia affidavit of payment?

The Virginia affidavit of payment is a legal document that is used to report payments made to subcontractors and suppliers on a construction project in Virginia.

Who is required to file virginia affidavit of payment?

General contractors and owners of construction projects in Virginia are typically required to file the affidavit of payment.

How to fill out virginia affidavit of payment?

To fill out the Virginia affidavit of payment, you will need to provide information about the construction project, including the project name, location, and date of commencement. You will also need to list all subcontractors and suppliers who have been paid, along with the amounts paid to each.

What is the purpose of virginia affidavit of payment?

The purpose of the Virginia affidavit of payment is to ensure that subcontractors and suppliers on construction projects are being paid in a timely manner and to provide transparency in the payment process.

What information must be reported on virginia affidavit of payment?

The Virginia affidavit of payment requires reporting of the project name, location, date of commencement, subcontractors' and suppliers' names, and the amounts paid to each.