Fillable Printable Affidavit for Deed in Lieu of Foreclosure - New York

Affidavit for Deed in Lieu of Foreclosure - New York

AFFIDAVIT FOR DEED IN LIEU OF FORECLOSURE

TITLE CO

TITLE NO

DATE

STATE OF NEW YORK )

)SS.:

COUNTY OF )

,being duly sworn, depose(s) and say(s):

1. I am over twenty-one years of age and reside at:

2. I am the (if owner is a corporation, fill in office held by dep onent and

name of corporation) owner in fee of

3. The said premises have been in (my) (its) possession since the date of

conveyance to (me) (it), and that such ownership and possession has been uninterrupted

and continuous, open, notorious, hostile and adverse to all others and exclusive of the

right or claim of any other person or persons and (my) (its) title has never been disputed

or questioned. No person has a contract for the purchasing of said premises and I know of no

facts by reason of which said possession or title may be called in question or by reason of

which any claim to any part of said premises or any interest therein adverse to (me) (it)

might be set up. That no conditional bills of sale or chattel mortgages have been filed

against said premises or against any personal property or fixtures attached to or used in

connection with said premises.

4. That I am married to

who is over the age of twenty-one years and who is the same person who joined with me

in the execution of the deed of said premises and that I have never been married to any

other person now living. That I have never changed my name.

5. There are no judgments against (me) (it) unpaid or unsatisfied of record,

entered in any court of this State or of the United States, and said prem ises are free from

all leases, taxes, liens, encumbrances or charges of every nature and description, save and

except

6. The premises are occupied as follows:

No proceedings in bankruptcy have ever been instituted by or against (m e) (it) in any

court or before any officer of any State or of the United States, nor (have 1) (has it) at any

time made an assignment for the benefit of creditors.

7. That there are no suits or proceedings pending anywhere affecting said

premises and no claims or pending claims for accidents or other legal claims with respect

to said premises.

8. That (I have) (it has) not executed as to any other property any bonds

secured by mortgage any extension agreements in or by which (1) (it) assumed the

payment of any mortgage debt, and (I am)

(said corporation is) not liable on any notes, endorsements, guarantees or other contingent

indebtedness.

9. That said premises are to be conveyed by (me) (said corporation) to the

holder of the first mortgage covering said premises and that by such conveyance it will

not be rendered insolvent.

10. The consideration to be paid for said conveyance is the sum of Dollars and

the assumption by the grantee of all liens and charges against said premises, the reason

for such conveyance being in my opinion that the encumbrances on said premises plus

the accrued taxes and interest exceed the value of the property, and that the income there

from is insufficient to meet the expense of carrying the same.

11. That the said conveyance by (me) (said corporation) is not given as a

preference against any other creditors and is an absolute conveyance and is not given as

collateral security; that there is no agreement, either written or oral, between (this

deponent) (said corporation) and the grantee, whereby it may be understood or agreed

that said pre mises are to be within any specified tim e or on or before any specified date,

or at any time re-conveyed by the said grantee to the grantor.

12. This affidavit is made to induce

to accept a deed to said premises and to induce

to insure the title thereto, knowing that said grantee and said will

rely upon the truth of the foregoing statements.

_______________________________

Sworn to before me this day

__________________________

Notary Public