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Legal AgreementsDue Diligence

Affidavit of No Lien

This template is an affidavit used to declare that a property or asset is free from any liens, encumbrances, or claims by third parties. It is typically used in property transactions or financial dealings to assure the receiving party of clear title.

Updated 15d ago
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Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

AFFIDAVIT OF NO LIEN

I, {{deponent_name}}, of {{deponent_address}}, do hereby make oath and state:

Identity and Capacity

1. I am an adult male/female of full legal capacity and {{occupation}}.

2. I am duly authorised to make this affidavit on behalf of {{entity_name}} (hereinafter referred to as "the Deponent").

Property Description

3. This affidavit pertains to the property/asset described as: {{property_description}} (hereinafter referred to as "the Property").

4. The Property is located at {{property_address}}.

Declaration of No Lien

5. I solemnly declare that, to the best of my knowledge and belief, and after due inquiry, the Property is free and clear of all liens, mortgages, pledges, charges, security interests, encumbrances, claims, and demands of whatsoever nature, whether registered or unregistered, affecting the Property as at the date of this affidavit.

6. There are no outstanding debts, judgments, or legal actions pending or threatened against the Deponent which could create a lien or charge upon the Property.

Indemnification

7. The Deponent undertakes to indemnify and hold harmless {{receiving_party_name}} against any loss, damage, costo, or expense that may be incurred as a result of any lien, encumbrance, or claim existing on the Property as of the date of this affidavit, which was not disclosed herein.

Purpose of Affidavit

8. This affidavit is made for the purpose of inducing {{receiving_party_name}} to {{transaction_details}} with the full understanding that they are relying on the truthfulness of the statements contained herein.

Oath/Affirmation

I know and understand the contents of this affidavit.

I have no objection to taking the prescribed oath/affirmation.

I consider the prescribed oath/affirmation to be binding on my conscience.

Signature Block

_____________________________

Deponent: {{deponent_name}}

Date: {{date}}

Place: {{place}}

Thus signed and sworn to before me on this {{day}} day of {{month}}, {{year}} at {{place_of_commissioning}} by the Deponent who has acknowledged that he/she knows and understands the contents of this affidavit, and further declared that he/she has no objection to taking the prescribed oath/affirmation and that he/she considers the prescribed oath/affirmation to be binding on his/her conscience.

_____________________________

COMMISSIONER OF OATHS

Full Names: {{commissioner_name}}

Designation: {{commissioner_designation}}

Address: {{commissioner_address}}

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