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Legal AgreementsIndemnity & Compensation

Affidavit of No Lien

This Affidavit of No Lien template is used to formally declare that a property or asset is free from any financial claims or encumbrances. It is typically used in real estate transactions or when securing loans to assure the recipient that no other party has a legal right to the asset.

Updated 15d ago
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Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

AFFIDAVIT OF NO LIEN

I, {{affiant_name}}, of lawful age, residing at {{affiant_address}}, {{affiant_city}}, {{affiant_state}}, {{affiant_postal_code}}, being first duly sworn, depose and state as follows:

DECLARATION OF OWNERSHIP

1. I am the lawful owner of the property located at {{property_address}}, {{property_city}}, {{property_state}}, {{property_postal_code}} (hereinafter referred to as 'the Property'). The legal description of the Property is as follows:

{{legal_description}}

DECLARATION OF NO LIENS OR ENCUMBRANCES

2. To the best of my knowledge and belief, and after due inquiry, there are no outstanding liens, mortgages, encumbrances, judgments, or claims of any kind against the Property, nor are there any actions, suits, or proceedings pending or threatened against me or the Property that could give rise to a lien, mortgage, or encumbrance, other than those specifically disclosed herein:

{{disclosed_liens_or_encumbrances}}

INDEMNIFICATION

3. I understand that this affidavit is being made to induce {{recipient_name}} to {{purpose_of_affidavit_e.g._purchase_the_property,_provide_a_loan,_etc.}}. I agree to indemnify and hold harmless {{recipient_name}} from and against any and all claims, demands, losses, damages, costs, and expenses (including reasonable legal fees) that may arise by reason of the existence of any undisclosed liens, encumbrances, or defects in title to the Property.

TRUTHFULNESS OF STATEMENT

4. I make this affidavit for the purpose of establishing that all bills for labor, materials, services, and other charges incurred in connection with the construction, repair, or improvement of the Property have been fully paid and satisfied, or will be paid and satisfied from the proceeds of the transaction.

SWORN AND SUBSCRIBED

Further, Affiant sayeth naught.

Dated this {{day}} day of {{month}}, {{year}}.

Signature Block

_____________________________

{{affiant_name}}

Affiant

SWORN TO AND SUBSCRIBED before me this {{day}} day of {{month}}, {{year}}.

_____________________________

Notary Public

My Commission Expires: {{commission_expiry_date}}

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