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Title No. SELLERS AFFIDAVIT STATE OF NEW YORK)) SS.: COUNTY OF), being duly sworn depose(s) and say(s): Granter: I/We reside stand am/are the owners(s) of the premises located at in the town of, and

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How to fill out affidavit of no consideration

01

Start by obtaining a blank affidavit of no consideration form from your local county clerk's office or download it from their website.

02

Read the instructions carefully to understand the purpose of the affidavit and what information needs to be provided.

03

Gather all the necessary information, such as your full name, address, and contact information.

04

Identify the property or transaction for which you are filing the affidavit of no consideration.

05

Clearly state the reason why there is no consideration involved in the transaction, such as a gift or inheritance.

06

Provide any supporting documents or evidence to support your claim of no consideration.

07

Sign and date the affidavit in the presence of a notary public or any other authorized official.

08

Submit the completed affidavit to the county clerk's office or follow their designated instructions for filing.

09

Keep a copy of the affidavit for your records.

Who needs affidavit of no consideration?

01

An affidavit of no consideration may be needed by individuals who have received a gift or inheritance of property without any monetary exchange.

02

It is often required in legal transactions to prove that no consideration, such as money or services, was provided in the transfer of property.

03

This document helps to establish the nature of the transaction and confirm that it falls under the category of a gift or inheritance.

04

Typically, the recipient of the property or a legal representative may need to fill out and submit an affidavit of no consideration.

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What is affidavit of no consideration?

Affidavit of no consideration is a legal document that states that no money or other consideration was exchanged in a particular transaction.

Who is required to file affidavit of no consideration?

The parties involved in a transaction where no consideration was exchanged are required to file affidavit of no consideration.

How to fill out affidavit of no consideration?

To fill out an affidavit of no consideration, one must provide details of the transaction, including the names of the parties involved, the date of the transaction, and a statement that no consideration was exchanged.

What is the purpose of affidavit of no consideration?

The purpose of affidavit of no consideration is to declare that a transaction took place without any money or other consideration being exchanged.

What information must be reported on affidavit of no consideration?

The affidavit must include the names of the parties involved, the date of the transaction, a description of the transaction, and a statement that no consideration was exchanged.

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