Any person who is the owner of a one-family or two-family residential dwelling unit not included within the scope of § 43-13.2 shall, at the time of settlement on the sale of such property, provide the purchaser, or lender in the case of a permanent loan or refinance, with an affidavit stating either (i) that all persons performing labor or furnishing materials in connection with any improvements on such property within 120 days prior to the date of settlement and with whom such owner is in privity of contract have been paid in full, or (ii) the name, address and amount payable or claimed to be payable to any person so performing labor or furnishing materials and with whom such owner is in privity of contract.
Fairfax Virginia Affidavit of Payment Prior to Sale or Refinance — Individual is a legal document that provides a detailed account of outstanding payments with regard to a property or mortgage loan in Fairfax, Virginia. This affidavit is required when an individual intends to sell or refinance their property. The primary purpose of the Fairfax Virginia Affidavit of Payment Prior to Sale or Refinance — Individual is to ensure transparency and accuracy in financial transactions related to real estate. It serves as evidence that all financial obligations related to the property have been met and there are now pending debts or unfulfilled payments. This affidavit represents the seller's or owner's declaration of being up-to-date with their financial obligations towards the property. It includes information such as the property's address, the identity of the owner, and details of the mortgage or loan. Additionally, the affidavit asserts that there are no outstanding liens, judgments, or encumbrances on the property. There are different types of Fairfax Virginia Affidavit of Payment Prior to Sale or Refinance — Individual, which may vary based on the specific purpose or situation: 1. Fairfax Virginia Affidavit of Payment Prior to Sale — Individual: This type of affidavit is used when an individual is selling their property in Fairfax, Virginia. It confirms that the owner has fulfilled all financial obligations and payment requirements before transferring the property's ownership to the buyer. 2. Fairfax Virginia Affidavit of Payment Prior to Refinance — Individual: This affidavit is utilized when an individual plans to refinance their property in Fairfax, Virginia. It guarantees that all outstanding payments and financial obligations have been settled before initiating the refinancing process. 3. Fairfax Virginia Affidavit of Partial Payment Prior to Sale or Refinance — Individual: In certain cases, an owner may have partially paid off their financial obligations on the property. This type of affidavit outlines the partial payments made by the owner and highlights the remaining balance due. Overall, the Fairfax Virginia Affidavit of Payment Prior to Sale or Refinance — Individual is a crucial document in real estate transactions, ensuring that the seller or owner is financially responsible and that all obligations are met before selling or refinancing a property. It helps maintain transparency and protects both the buyer and the seller from any potential financial disputes or liabilities.Fairfax Virginia Affidavit of Payment Prior to Sale or Refinance — Individual is a legal document that provides a detailed account of outstanding payments with regard to a property or mortgage loan in Fairfax, Virginia. This affidavit is required when an individual intends to sell or refinance their property. The primary purpose of the Fairfax Virginia Affidavit of Payment Prior to Sale or Refinance — Individual is to ensure transparency and accuracy in financial transactions related to real estate. It serves as evidence that all financial obligations related to the property have been met and there are now pending debts or unfulfilled payments. This affidavit represents the seller's or owner's declaration of being up-to-date with their financial obligations towards the property. It includes information such as the property's address, the identity of the owner, and details of the mortgage or loan. Additionally, the affidavit asserts that there are no outstanding liens, judgments, or encumbrances on the property. There are different types of Fairfax Virginia Affidavit of Payment Prior to Sale or Refinance — Individual, which may vary based on the specific purpose or situation: 1. Fairfax Virginia Affidavit of Payment Prior to Sale — Individual: This type of affidavit is used when an individual is selling their property in Fairfax, Virginia. It confirms that the owner has fulfilled all financial obligations and payment requirements before transferring the property's ownership to the buyer. 2. Fairfax Virginia Affidavit of Payment Prior to Refinance — Individual: This affidavit is utilized when an individual plans to refinance their property in Fairfax, Virginia. It guarantees that all outstanding payments and financial obligations have been settled before initiating the refinancing process. 3. Fairfax Virginia Affidavit of Partial Payment Prior to Sale or Refinance — Individual: In certain cases, an owner may have partially paid off their financial obligations on the property. This type of affidavit outlines the partial payments made by the owner and highlights the remaining balance due. Overall, the Fairfax Virginia Affidavit of Payment Prior to Sale or Refinance — Individual is a crucial document in real estate transactions, ensuring that the seller or owner is financially responsible and that all obligations are met before selling or refinancing a property. It helps maintain transparency and protects both the buyer and the seller from any potential financial disputes or liabilities.
