PA Corporate/Partnership Purchaser's Affidavit 1

 

STEWART TITLE

GUARANTY COMPANY

 

CORPORATE/PARTNERSHIP PURCHASER'S AFFIDAVIT

 

STATE OF PENNSYLVANIA                                                         No.___________________________

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 any and all corporate and/or franchise taxes are paid; 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. 

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       ____________________________________

                                                                                                By:

                                                                                                Its:

                                                                                                ____________________________________

__________________________________________

                                                            Notary Public              Address_____________________________

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