Business Letter: Affidavit of No Lien

Business Letter: Affidavit of No Lien

Affidavit of No Lien is: A written Something tangible that records communication or facts with the help of marks, words, or symbols. A document serves to establish one or several facts, and can be relied upon as a proof thereof. Generally speaking, documents function as evidence of intentions, whereas records function as evidence of activities by a business or property owner (Individual or entity in possession of title for land, building, or other item. The owner may be responsible for paying taxes in relation to the property.) affirming that the property does not have any liens (A legal claim against an asset which is used to secure a loan and which must be paid when the property is sold. Liens can be structured in many different ways) or mortgages on it.

AFFIDAVIT OF NO LIEN STATE OF___________________ COUNTY OF__________________ Before me, a duly commissioned Notary Public within and for the State and County aforesaid, personally appeared________ _________who, after being duly sworn as required by law, deposes and says: That he is the ___________________(title) of __________ ________________________________(firm). That_____________________(said firm) is the owner of the improved property known and legally described as follows: That ___________________is not the subject to any bankruptcy, creditor's reorganization or insolvency proceeding and none are pending, contemplated or threatened. That ____________________has possession of the property and that there is no other person in possession who has any right in the property. That there are no unrecorded labor, mechanic's or materialism's liens against the property and no material has been furnished or labor performed on the property which has not been paid in full. That there are no unrecorded easements, liens of assessments for sanitary sewers, paving or other public utilities against said property. That there are no claims whatsoever of any kind or description against any fixtures or equipment located on the said premises. That there are no existing contracts for sale, options to purchase or unrecorded deeds or mortgages existing against said property. That this affidavit is made for the purpose of______________ (signature) Subscribed and sworn to before me this ___day of ___, 20__. ______________________ My commission expires________ NOTARY PUBLIC

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