Get the free affidavit of title - Old Republic National Title Insurance Company

AFFIDAVIT OF TITLE State of Illinois County of)) SS The undersigned affine, being first duly sworn on oath says and also covenants with and warrants to the grantee hereinafter named: That affine has

How to fill out affidavit of title

How to fill out an affidavit of title:

1. Begin by obtaining a blank affidavit of title form from your local county courthouse or a reputable legal document provider.
2. Fill in your personal information accurately and completely. This may include your name, address, contact information, and any relevant identification numbers.
3. Provide details about the property, such as the address, legal description, and any known liens or encumbrances.
4. If there are any co-owners or joint tenants, ensure their information is included as well.
5. List any mortgages, deeds, or other legal documents related to the property, along with their pertinent details.
6. State that you are the legal owner of the property and that there are no undisclosed claims, liens, or encumbrances.
7. Sign and date the affidavit of title before a notary public or another authorized official.
8. Keep a copy of the completed affidavit for your records and submit the original document to the appropriate party or entity (e.g., a real estate agent, attorney, or lender) as required.

Who needs an affidavit of title:

1. Property sellers: When selling a property, it is common for the buyer to request an affidavit of title to ensure there are no undisclosed claims or issues affecting ownership.
2. Lenders: Lenders may require borrowers to provide an affidavit of title to assess the property's ownership status before approving a mortgage or loan.
3. Title companies: Title companies often use the affidavit of title to verify the property's ownership, clear title defects, and issue title insurance policies.
4. Real estate attorneys: Attorneys representing buyers, sellers, or other parties involved in a property transaction may need an affidavit of title to protect their client's interests and ensure a smooth transfer of ownership.

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What is affidavit of title?

An affidavit of title is a sworn statement made by the seller of a property confirming that they are the rightful owner and that there are no liens or encumbrances on the property.

Who is required to file affidavit of title?

The seller of a property is usually required to file an affidavit of title.

How to fill out affidavit of title?

An affidavit of title can be filled out by providing the necessary information about the property, the seller, and any relevant details about the ownership.

What is the purpose of affidavit of title?

The purpose of an affidavit of title is to provide assurance to the buyer that the seller has the legal right to sell the property and that there are no existing claims against it.

What information must be reported on affidavit of title?

The information that must be reported on an affidavit of title includes details about the property, any liens or encumbrances, the seller's ownership history, and any relevant legal issues.