A sworn written assertion confirming details about an actual property transaction is a important element of the conveyance course of. This doc usually contains particulars such because the events concerned, the property description, the date of switch, and affirms that the knowledge supplied is true and correct beneath penalty of perjury. For example, such an announcement may be used to make clear possession historical past or resolve discrepancies in title data.
This sort of authorized documentation supplies a verifiable report of the switch, defending all events concerned. It helps guarantee transparency and accountability, minimizing potential disputes and facilitating a smoother transaction. Traditionally, these sworn statements have performed a vital function in establishing clear chains of title, contributing to the steadiness and safety of land possession. This historic significance underscores the continued significance of correct and complete documentation in trendy actual property dealings.
