PA Corporate/Partnership Purchaser's Affidavit 1

 

STEWART TITLE

GUARANTY COMPANY

 

 

CORPORATE/PARTNERSHIP PURCHASER'S AFFIDAVIT

 

State of Pennsylvania

County of                                                                      Premises:_______________________________

 

                                                BE IT KNOWN,   That on the day of the date hereof, before me, the subscriber, a Notary Public personally appeared ________________________________________

Who, being duly sworn according to law, did depose and say

            THAT deponent (s) have not entered into any unrecorded leases or agreements affecting premises

            THAT the newly erected building (s), if any, on the premise to be insured is/are completed

            THAT the deponent (s) is/are of full legal age.

            THAT the deponent (s) have not borrowed any money or signed any judgment notes, mortgages, or other obligations excepting such obligation, if any executed herewith.

            THAT deponent is a business entity duly created in accordance with the laws of its home state; that it is presently in good standing in its home state; and that the purchase/or mortgage of the above premises is made pursuant to a resolution of the board or in accordance with the operation agreement; and that the deponent is authorized to act on behalf of the business entity.  

 

IF THIS CONVEYANCE OR REFINANCE OCCURS WITHIN TEN YEARS OF A PREVIOUS INSURANCE OF THE SAME PROPERTY, YOU MAY BE ENTITLED TO A REDUCED RATE

 

This affidavit is made for the purpose of inducing Stewart Title Guaranty Company ("Stewart") to hold settlement and insure title to the above premises and I/we realize that the Seller, Lender and Stewart are relying on the representations contained herein.  If the undersigned is an entity, I have authority to sign on its behalf.

 

 

Sworn to and subscribed before me

 

This _________ day of _______________A.D. 200    ____________________________________

                                                                                        

                                                                                                ____________________________________

__________________________________________

                                                            Notary Public               Address_____________________________

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