Get the free Affidavit of Total Consideration Given for a Motor Vehicle
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71A100 (714)AFFIDAVIT OF T TOTAL CONSIDERATION GIVEN FOR A MOTOR VEHICLE Commonwealth of Kentucky DEPARTMENT OF REVENUESELLER SECTIONBUYER Sectional of Purchase Name of Seller Social Security No.
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How to fill out affidavit of total consideration
How to fill out affidavit of total consideration
01
To fill out an affidavit of total consideration, follow these steps:
1. Begin by identifying the parties involved in the transaction, including the buyer and the seller.
02
Clearly state the purpose of the affidavit, which is to provide a record of the total consideration or purchase price of a property.
03
Provide a detailed description of the property being sold, including its address and any distinguishing features.
04
Specify the date of the transaction and the agreed-upon purchase price.
05
Include any additional terms or conditions of the sale, if applicable.
06
Have both the buyer and the seller sign the affidavit in the presence of a notary public or other authorized witness.
07
Once signed and notarized, make copies of the completed affidavit for the parties involved and retain the original for your records.
Who needs affidavit of total consideration?
01
An affidavit of total consideration is typically needed by parties involved in real estate transactions. This includes both buyers and sellers of properties.
02
Other individuals or entities involved in the purchase or sale of a property, such as real estate agents, mortgage lenders, or lawyers, may also require an affidavit of total consideration for their documentation purposes.
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What is affidavit of total consideration?
Affidavit of total consideration is a legal document used to report the total amount paid for a real estate transaction.
Who is required to file affidavit of total consideration?
The buyer or transferee is usually required to file the affidavit of total consideration.
How to fill out affidavit of total consideration?
To fill out the affidavit of total consideration, the buyer or transferee must provide details of the total amount paid for the real estate transaction.
What is the purpose of affidavit of total consideration?
The purpose of affidavit of total consideration is to provide accurate information on the total amount paid for a real estate transaction.
What information must be reported on affidavit of total consideration?
The affidavit of total consideration must include details of the total amount paid for the real estate transaction and the property address.
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