An Affidavit of Ownership is filed in a court of law to verify the owner of certain real property, houses, land, or vehicles. The Affiant or Owner of the property will declare in the Affidavit of Ownership that they are the rightful owner of the property identified in the document.
In addition to declaring ownership, the owner provides pertinent details on the deed or transfer documents about how the they acquired the property in question.
An Affidavit of Ownership form, more often than not, is required by a bank or lender, County Recorder, and other entities requiring additional proof of ownership of the property. A copy of the real property deed and certificate of title is required as an attachment to an Affidavit of Ownership.
In the Affidavit of Ownership the seller not only identifies his ownership, but also swears under oath about the truthfulness of the facts about the property.
An Affidavit of Ownership document provides proof of ownership of a piece of property and explains how the property was acquired. In certain cases of loss or theft, an Ownership Affidavit may be used instead of a deed or title.