Seller’s Title Affidavit
Frequently Asked Questions about Seller’s Title Affidavit
What is a Seller’s Title Affidavit?
A Seller’s Title Affidavit is another term for an Owner’s Affidavit. It is a legal document in which the seller affirms key facts about the property’s title, including confirmation of no undisclosed liens, encroachments, or claims.
Where can I find more information on this affidavit?
You can find additional details by reviewing the glossary entry for Owner’s Affidavit, which provides context on how it is used in real estate transactions.
Why is a Seller’s Title Affidavit important in a CRE transaction?
It provides legal assurance to the buyer and title company that the seller is unaware of any title issues, helping facilitate a smoother closing process.
Where can I download the full CRE Glossary?
You can download the full CRE Glossary in an eBook (PDF) format by clicking the link provided in the related content section.
Click here to get this CRE Glossary in an eBook (PDF) format.