Lima Arizona Affidavit as to Status of Title for Conveyance of Real Property for the Purpose of Inducing the Purchase of Property is a legal document that provides a detailed description of the current status of the title for a real property located in Lima, Arizona. This affidavit is specifically designed to induce potential buyers in purchasing the property by ensuring them that the title is clear and free from any encumbrances or potential legal issues. Below, you will find information on the various types of Lima Arizona Affidavits as to Status of Title for Conveyance of Real Property for the Purpose of Inducing the Purchase of Property: 1. Full Title Affidavit: This type of affidavit provides a comprehensive overview of the property's status of title. It includes details about any existing liens, mortgages, easements, or other encumbrances that may affect the property. It gives potential buyers a complete understanding of the property's ownership history and any legal risks associated with it. 2. Encumbrance Affidavit: This affidavit specifically focuses on the potential encumbrances affecting the property. It highlights any outstanding mortgages, tax liens, or judgments that may impact the title. By disclosing these encumbrances upfront, the affidavit allows buyers to make informed decisions regarding the purchase. 3. Lien Affidavit: This type of affidavit primarily addresses the presence of liens on the property. It outlines the details of any pending or released liens and ensures buyers that the property will be conveyed without any outstanding debt or obligations. 4. Easement Affidavit: In some cases, properties may have easements that grant certain rights to third parties, such as access to utilities or shared access roads. The easement affidavit identifies and describes these easements, ensuring potential buyers are aware of any limitations or shared rights associated with the property. 5. Identity Affidavit: This affidavit confirms the identity of the seller and certifies that they are the legal owner of the property. It provides buyers with confidence that they are dealing with the rightful owner and helps prevent fraudulent transactions. Overall, the Lima Arizona Affidavit as to Status of Title for Conveyance of Real Property for the Purpose of Inducing the Purchase of Property aims to protect the interests of both buyers and sellers by disclosing relevant information about the property's title and ownership. It ensures transparency and facilitates a smooth real estate transaction process.