Affidavit Of Ownership

Prepare an Affidavit Of Ownership Online

An affidavit of ownership is a document, that states something as your property.

It serves as a confirmation of your items being purchased. When dealing with different financial transactions, which imply large sums of money, there may be a range of additional documents required. And sometimes, it’s necessary to provide details of the property being owned or purchased.

That’s why you need to fill in this form. This document shows, that you are the valid owner of specific possessions and explains how they were obtained (purchased, inherited, etc).

Such a statement may be required by a bank in case you want to share, for example, your estate or your vehicle with another person that wants to be qualified as a proprietor. He or she then gets in exchange, the title of the owned object, and is able to decide whether it will be sold or not.

In case an owner becomes bankrupt, he or she can get permission from a trustee to sell the possessions on their own.

How to Complete an Affidavit Of Ownership Form in a Few Steps

This template consists of three pages, so it doesn't take much time to complete.

Enter in the required information into the fillable fields.

Include the following details:

Address of the property;
Full names of the owner and the transferee, who will receive the property;
Personal details of both parties;
All costs the new proprietor assumes.

Add the current date and notarize the form with your signatures. Sign electronically and send the completed document to the second party via email in order to get his or her signature.

Note, that this affidavit of ownership letter constitutes a government record as defined by Section 37.01 of the Texas Penal Code. Submission of a false government record is punishable by law.

Attach additional pages if needed, to supply the required names and addresses.

Video Tutorial How to Fill Out Affidavit Of Ownership

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Questions & answers

An affidavit is a sworn statement put in writing. When you use an affidavit, you're claiming that the information within the document is true and correct to the best of your knowledge. Like taking an oath in court, an affidavit is only valid when you make it voluntarily and without any coercion.
(Example: I, Jane Doe, solemnly swear that the contents of this document are true and correct, and that I agree to abide by the terms in this affidavit.)
The following are six critical sections that must be included: Title. This is either your name (“Affidavit of Jane Doe”) or the specific case information. Statement of identity. The next paragraph tells the court about yourself. Statement of truth. Statement of facts. Closing statement of truth. Sign and notarize.
Drafting an Affidavit Appearances are important. Introduce yourself. Write in the first person about facts you know. Keep it as simple as possible. Stick to what is relevant. Don't guess. Be specific about conversations. Be specific about timing and frequency, to the extent this is relevant.
How to write an affidavit Write the heading “AFFIDAVIT”. State your name and personal details (i.e. ID number, gender, address, contact details, etc.). State that you are making a declaration under oath (i.e. “I, the undersigned, declare the following under oath”). Write the facts in a numbered list.
6 steps to writing an affidavit Title the affidavit. First, you'll need to title your affidavit. Craft a statement of identity. The very next section of your affidavit is what's known as a statement of identity. Write a statement of truth. State the facts. Reiterate your statement of truth. Sign and notarize.