GAP Affidavit Clause Samples

A GAP Affidavit is a legal document used to affirm or clarify information about a gap in the chain of title or ownership, typically in real estate transactions. It is usually provided by a seller or prior owner to assure the buyer and title insurer that no undisclosed claims or interests have arisen during a period not covered by recorded documents. By providing this affidavit, the parties help ensure the integrity of the title, reduce the risk of future disputes, and facilitate the smooth transfer of property ownership.
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GAP Affidavit. An affidavit, if requested by the Title Company, as may be necessary to insure the gap between the effective date of the Title Commitment to and through the date of the recordation of the deed to the Owned Real Property; and
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GAP Affidavit. An affidavit, if requested by the Title Company, as may be necessary to insure the gap between the effective date of the SFX Title Commitment to and through the date of the recordation of the deed to the SFX Owned Real Property;
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GAP Affidavit. An affidavit, if requested by the Title Company, as may be necessary to insure the gap between the effective date of the Capstar Title Commitment to and through the date of the recordation of the deed to the Capstar Owned Real Property;
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GAP Affidavit. If required by the Title Company, Owner will execute and deliver to Title Company, a Gap Undertaking and Affidavit satisfactory to Owner and Title Company so as to permit issuance of the Title Policy and Loan Policy Endorsements on the Closing Date. -6- (v)
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GAP Affidavit. If required by the Title Company, for each Seller, a “gap” affidavit executed by such Seller and in form and substance reasonably acceptable to the Title Company to permit removal (by a so-called “gap” endorsement) of the standard exception from coverage for defects, liens, encumbrances, adverse claims, or other matters, if any, created, first appearing in the public records, or attaching subsequent to the effective date of the Title Commitment but before the date Buyer acquires for value the estate covered by the Title Policy.
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GAP Affidavit. Borrower shall execute and deliver to Title Company, a GAP Undertaking and 13 Affidavit satisfactory to Title Company so as to permit issuance of the Title Policy and Loan Policy Endorsements 14 on the Closing Date.
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Related to GAP Affidavit

  • Seller’s Affidavit A customary seller's affidavit in the form ------------------ required by the Title Company;

  • FIRPTA Affidavit A non-foreign affidavit, properly executed and in recordable form, containing such information as is required by IRC Section 1445(b)(2) and its regulations.

  • AFFIDAVIT The undersigned swear or affirm that the foregoing statements are correct and include all material information necessary to identify and explain the terms and operation of our joint venture and the intended participation by each joint venturer in the undertaking. Further, the undersigned covenant and agree to provide to the County current, complete and accurate information regarding actual joint venture work and the payment therefore and any proposed changes in any of the joint venture. Also, permit authorized representatives of the County to audit and examine records of the joint venture. Any material misrepresentation will be grounds for terminating any contract which may be awarded and for initiating action under Federal or State laws concerning false statements." Name of Firm: Name of Firm: Signature: Signature: Name: Name: Title: Title: Date: Date: Date State of County of STATE OF FLORIDA ) COUNTY OF ) The foregoing instrument was acknowledged before me by means of ☐ physical presence, or ☐ online notarization, this day of , 20 , by [NAME OF PERSON], as [TYPE OF AUTHORITY,… e.g. officer, trustee, etc.)] for [NAME OF PARTY ON BEHALF OF WHOM INSTRUMENT WAS EXECUTED]. ☐ Personally Known; OR ☐ Produced Identification. Type of identification produced: . [CHECK APPLICABLE BOX TO SATISFY IDENTIFICATION REQUIREMENT OF FLA. STAT. §117.05] Notary Public My Commission Expires: (Printed, typed or stamped commissioned name of Notary Public) This contract is not valid unless bilaterally executed. Subject to mutual agreement Orange County, Florida, hereby enters into a contract subject to the following:

  • Non-Foreign Affidavit The Transferor Partners shall execute and deliver to the BRI Partnership and the BRI Partnership's counsel, at Closing such evidence as may be reasonably required by the BRI Partnership to show compliance by the Transferor Partners with the Foreign Investment and Real Property Tax Act, Internal Revenue Code Section 1445(b)(2), as amended.

  • FIRPTA Certificate An affidavit from Contributor certifying pursuant to Section 1445 of the Internal Revenue Code that Contributor is not a foreign corporation, foreign partnership, foreign trust, foreign estate or foreign person (as those terms are defined in the Internal Revenue Code and the Income Tax Regulations promulgated thereunder), in form and substance satisfactory to Acquirer.