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The affidavit usually says that the fence can remain as long as it stands, but once it is replaced it must be placed on the property line. The undersigned make this affidavit at the request of in order to induce the to finance a mortgage loan to purchasers of their real property.The T-47 is a Residential Real Property Affidavit. It's a notarized document that tells the buyer what the seller knows about the home's boundaries. If crosses any easement, letters from all utility companies required. Contained (located) within property owners' boundaries. 7. There have been no changes in the boundary lines of this property or in the buildings, fences, or other improvements as shown on the survey. Calculate the total costs of building and maintaining the fence. Changes in the location of boundary fences or boundary walls; c. Construction projects on immediately adjoining property(ies) which encroach on the Property; d.