Franklin Ohio Name Affidavit of Seller

• Category: Ohio Real Estate - Closings
• State: Ohio
• County: Franklin
• Control #: OH-CLOSE6
• Format: Word; Rich Text

Description

The Seller's Affidavit is for the Seller to provide a statement of his or her legal name and signature, as well as to certify to other "known as" names. Many times persons sign documents in different ways and the name affidavit is necessary to clarify that the signatures are one and the same person. i.e. John Jones, John T. Jones and J.T. Jones are one and the same person. The Franklin Ohio Name Affidavit of Seller is a legal document used in real estate transactions in Franklin, Ohio. It is important to understand and complete this affidavit accurately as it ensures that the seller's name is correctly represented on the property deed. The purpose of the Franklin Ohio Name Affidavit of Seller is to affirm under oath the seller's rightful name and any alternate names or aliases used. This affidavit is typically required by the buyer's lender or title company as a part of the closing process to validate the seller's identity. It also helps to prevent any potential fraud or confusion regarding ownership of the property. The affidavit must be filled out completely and accurately by the seller, stating their full legal name, as it appears on official documents such as driver's licenses or passports. If the seller has ever used a different name, including variations or nicknames, they must be disclosed in the document as well. Different types or variations of the Franklin Ohio Name Affidavit of Seller may exist depending on specific requirements of lenders or title companies involved in the transaction. Some common variations include: 1. Franklin Ohio Name Affidavit of Seller — Individual: This is the standard affidavit used when the seller is an individual person, and they are affirming their own name. 2. Franklin Ohio Name Affidavit of Seller — Corporation: In cases where the seller is a corporation, this variation of the affidavit is used. It requires the corporation's authorized representative to affirm the seller's name on behalf of the company. 3. Franklin Ohio Name Affidavit of Seller — Trust or Estate: If the property being sold is held in a trust or estate, this type of affidavit is utilized. The trustee or executor of the trust or estate will need to affirm the correct name of the seller on behalf of the entity. It is important to consult with a qualified attorney or real estate professional to ensure the correct completion of the Franklin Ohio Name Affidavit of Seller according to the specific requirements of the transaction. Failure to accurately complete the affidavit may lead to delays or complications during the closing process.

The Franklin Ohio Name Affidavit of Seller is a legal document used in real estate transactions in Franklin, Ohio. It is important to understand and complete this affidavit accurately as it ensures that the seller's name is correctly represented on the property deed. The purpose of the Franklin Ohio Name Affidavit of Seller is to affirm under oath the seller's rightful name and any alternate names or aliases used. This affidavit is typically required by the buyer's lender or title company as a part of the closing process to validate the seller's identity. It also helps to prevent any potential fraud or confusion regarding ownership of the property. The affidavit must be filled out completely and accurately by the seller, stating their full legal name, as it appears on official documents such as driver's licenses or passports. If the seller has ever used a different name, including variations or nicknames, they must be disclosed in the document as well. Different types or variations of the Franklin Ohio Name Affidavit of Seller may exist depending on specific requirements of lenders or title companies involved in the transaction. Some common variations include: 1. Franklin Ohio Name Affidavit of Seller — Individual: This is the standard affidavit used when the seller is an individual person, and they are affirming their own name. 2. Franklin Ohio Name Affidavit of Seller — Corporation: In cases where the seller is a corporation, this variation of the affidavit is used. It requires the corporation's authorized representative to affirm the seller's name on behalf of the company. 3. Franklin Ohio Name Affidavit of Seller — Trust or Estate: If the property being sold is held in a trust or estate, this type of affidavit is utilized. The trustee or executor of the trust or estate will need to affirm the correct name of the seller on behalf of the entity. It is important to consult with a qualified attorney or real estate professional to ensure the correct completion of the Franklin Ohio Name Affidavit of Seller according to the specific requirements of the transaction. Failure to accurately complete the affidavit may lead to delays or complications during the closing process.