Fairfax Virginia is a vibrant city located in Northern Virginia, United States. It is known for its rich history, diverse population, and thriving economy. The city offers a unique blend of urban amenities and natural beauty, making it an attractive place to live, work, and invest in real estate. An Affidavit of Title Made by Owner Selling Real Property is an official document that provides a sworn statement from the property owner regarding the property's title and ownership rights. This affidavit is commonly used during real estate transactions to ensure the buyer that the seller is the rightful owner of the property and has the legal authority to sell it. It also confirms that there are no undisclosed liens, encumbrances, or disputes attached to the property that could affect the buyer's ownership rights. In Fairfax Virginia, there are various types of Affidavits of Title Made by Owner Selling Real Property, each serving a specific purpose: 1. Standard Affidavit of Title: This is the most common type and includes essential information such as the property owner's name, address, and a statement affirming their ownership and authority to sell the property. 2. Affidavit of Title with Legal Description: This type of affidavit provides a detailed legal description of the property, including its boundaries, measurements, and easements, if applicable. It ensures that the buyer has a clear understanding of the property's physical boundaries and characteristics. 3. Affidavit of Title with Tax Certificate: In certain cases, the seller may include a tax certificate in the affidavit to show that all property taxes are paid up to date. This helps the buyer confirm that there are no outstanding tax obligations associated with the property. 4. Affidavit of Title with Survey: If a recent survey has been conducted on the property, the seller may opt to include the survey report in the affidavit. This provides the buyer with an accurate depiction of the property's physical features, lot size, and any potential boundary disputes. 5. Affidavit of Title with Title Insurance: Some sellers may offer title insurance with the property in addition to the affidavit. This type of affidavit assures the buyer that they will be financially protected against any future claims or losses due to title defects or ownership disputes. When preparing an Affidavit of Title Made by Owner Selling Real Property in Fairfax Virginia, it is crucial to consult with a real estate attorney or title company to ensure its accuracy, completeness, and compliance with local laws and regulations. This document holds significant legal value and plays a vital role in facilitating a smooth and secure real estate transaction in Fairfax Virginia.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.