This Owner/Seller Affidavit is for seller(s) to sign at the time of closing certifying that, among other assurances, there are no liens on the property being sold, that they are the owners of the property, that there are no mechanic liens on the property and other certifications. This form must be signed and notarized.
The Nashville Tennessee Owner's or Seller's Affidavit of No Liens is an important legal document that provides assurance to potential buyers by certifying that the property being sold is free from any outstanding liens. This affidavit is typically prepared by the seller or owner of a property and serves as a crucial part of the real estate transaction process. In Nashville Tennessee, there are two types of Owner's or Seller's Affidavit of No Liens commonly encountered: 1. General Owner's or Seller's Affidavit of No Liens: This is the standard form used to affirm that the property being sold is clear of all liens, encumbrances, or claims by third parties. The affidavit includes important details such as the property address, legal description, and the seller/owner's personal information. It emphasizes that the property is being transferred with a clean title, giving potential buyers peace of mind when proceeding with the purchase. 2. Specific Owner's or Seller's Affidavit of No Liens: This type of affidavit is utilized when a specific issue or potential lien exists on the property. For instance, if there is a mortgage or easement, the seller may need to provide a specific affidavit addressing those concerns and confirming the nature of any outstanding obligations on the property. It is crucial to distinguish specific affidavits from the general one to ensure complete transparency between the parties involved. Keywords: Nashville Tennessee, Owner's Affidavit of No Liens, Seller's Affidavit of No Liens, liens, real estate transaction, outstanding obligations, clean title, property address, legal description, encumbrances, claims, third parties, mortgage, easement, transparency.The Nashville Tennessee Owner's or Seller's Affidavit of No Liens is an important legal document that provides assurance to potential buyers by certifying that the property being sold is free from any outstanding liens. This affidavit is typically prepared by the seller or owner of a property and serves as a crucial part of the real estate transaction process. In Nashville Tennessee, there are two types of Owner's or Seller's Affidavit of No Liens commonly encountered: 1. General Owner's or Seller's Affidavit of No Liens: This is the standard form used to affirm that the property being sold is clear of all liens, encumbrances, or claims by third parties. The affidavit includes important details such as the property address, legal description, and the seller/owner's personal information. It emphasizes that the property is being transferred with a clean title, giving potential buyers peace of mind when proceeding with the purchase. 2. Specific Owner's or Seller's Affidavit of No Liens: This type of affidavit is utilized when a specific issue or potential lien exists on the property. For instance, if there is a mortgage or easement, the seller may need to provide a specific affidavit addressing those concerns and confirming the nature of any outstanding obligations on the property. It is crucial to distinguish specific affidavits from the general one to ensure complete transparency between the parties involved. Keywords: Nashville Tennessee, Owner's Affidavit of No Liens, Seller's Affidavit of No Liens, liens, real estate transaction, outstanding obligations, clean title, property address, legal description, encumbrances, claims, third parties, mortgage, easement, transparency.