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SELLERS/OWNERS AFFIDAVIT AND INDEMNITY STATE of Alabama, County, being first duly sworn, on oath depose and state I (we) own the property described below. 1. I (We) have owned the property, now being
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How to fill out sellersowners affidavit and indemnity

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How to fill out sellers/owners affidavit and indemnity:

01
Begin by carefully reading through the affidavit and indemnity form. Make sure you understand the purpose and requirements of the document.
02
Start by providing your personal information as the seller/owner. This typically includes your full name, contact details, and address.
03
Include the details of the property being sold. This should include the address, legal description, and any relevant identification numbers.
04
State the terms of the sale or transfer of the property. Include the agreed-upon purchase price, any financing arrangements, and the expected closing date.
05
If there are any liens or encumbrances on the property, disclose them in the affidavit. This is important for the buyer to be aware of any potential legal disputes or claims against the property.
06
Confirm that you are the legal owner of the property and have the authority to sell it. Provide any necessary documentation or proof of ownership, such as the deed or title.
07
Indemnify the buyer against any potential claims or liabilities related to the property. This protects the buyer from any unforeseen legal issues or disputes that may arise after the sale.

Who needs sellers/owners affidavit and indemnity?

01
Property sellers or owners who are transferring their property to a buyer.
02
Buyers who want assurance that the seller has the legal right to sell the property and will indemnify them against any future claims or liabilities.
03
Real estate professionals, such as real estate agents or attorneys, who handle property transfers and need to ensure all necessary documentation is in place.
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Sellers/owners affidavit and indemnity is a legal document where the seller/owner of a property affirms certain statements regarding the property being sold and indemnifies the buyer against any future claims.
The seller/owner of a property is required to file the sellers/owners affidavit and indemnity.
To fill out the sellers/owners affidavit and indemnity, the seller/owner must provide accurate information about the property being sold, affirm certain statements, and sign the document in the presence of a notary public.
The purpose of sellers/owners affidavit and indemnity is to protect the buyer against any future claims or legal issues related to the property being sold.
The sellers/owners affidavit and indemnity must include details about the property being sold, any liens or encumbrances on the property, and affirmations by the seller/owner regarding the accuracy of the information provided.
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