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Homepage Blank Texas residential property affidavit T-47 PDF Template

Form Example

T-47 RESIDENTIAL REAL PROPERTY AFFIDAVIT

(MAY BE MODIFIED AS APPROPRIATE FOR COMMERCIAL TRANSACTIONS)

Date:___________________________________ GF No.___________________________________

Name of Affiant(s):__________________________________________________________________

Address of Affiant:___________________________________________________________________

Description of Property:_______________________________________________________________

County__________________________________ , Texas

"Title Company" as used herein is the Title Insurance Company whose policy of title insurance is issued in reliance upon the statements contained herein.

Before me, the undersigned notary for the State of ________________, personally appeared Affiant(s) who after by

me being sworn, stated:

1.We are the owners of the Property. (Or state other basis for knowledge by Affiant(s) of the Property, such as lease, management, neighbor, etc. For example, “Affiant is the manager of the Property for the record title owners.”)

2.We are familiar with the property and the improvements located on the Property.

3.We are closing a transaction requiring title insurance and the proposed insured owner or lender has requested area and boundary coverage in the title insurance policy(ies) to be issued in this transaction. We understand that the Title Company may make exceptions to the coverage of the title insurance as Title Company may deem appropriate. We understand that the owner of the property, if the current transaction is a sale, may request a similar amendment to the area and boundary coverage in the Owner’s Policy of Title Insurance upon payment of the promulgated premium.

4.To the best of our actual knowledge and belief, since _______________________________ there have been no:

a.construction projects such as new structures, additional buildings, rooms, garages, swimming pools or other permanent improvements or fixtures;

b.changes in the location of boundary fences or boundary walls;

c.construction projects on immediately adjoining property(ies) which encroach on the Property;

d.conveyances, replattings, easement grants and/or easement dedications (such as a utility line) by any party affecting the Property.

EXCEPT for the following (If None, Insert “None” Below:)

5.We understand that Title Company is relying on the truthfulness of the statements made in this affidavit to provide the area and boundary coverage and upon the evidence of the existing real property survey of the Property. This Affidavit is not made for the benefit of any other parties and this Affidavit does not constitute a warranty or guarantee of the location of improvements.

6.We understand that we have no liability to Title Company that will issue the policy(ies) should the

information in this Affidavit be incorrect other than information that we personally know to be incorrect and which we do not disclose to the Title Company.

_________________________________________

_________________________________________

SWORN AND SUBSCRIBED this ______ day of __________________, 20_______.

_______________________________________

Notary Public

Common mistakes

  1. Incomplete Information: Many individuals fail to provide all required details on the T-47 form. Missing information can lead to delays or rejection of the affidavit.

  2. Incorrect Signatures: Some people neglect to sign the affidavit properly. The form must be signed by the property owner or an authorized representative to be valid.

  3. Failure to Notarize: The T-47 form requires notarization. Individuals often forget this step, rendering the affidavit ineffective in legal contexts.

  4. Inaccurate Property Description: A common mistake is providing an incorrect or vague description of the property. This can cause confusion and may complicate future transactions.

  5. Not Reviewing for Errors: Many submit the form without a thorough review. Simple typos or errors can have significant consequences, so careful proofreading is essential.

Key takeaways

Filling out the Texas residential property affidavit T-47 form can seem daunting, but understanding its key aspects can simplify the process. Here are some important takeaways to keep in mind:

  • The T-47 form is primarily used to confirm the property’s boundaries and ensure accurate title insurance coverage.
  • It is essential to provide accurate information about the property, including legal descriptions and any existing easements.
  • The form must be signed by the property owner and notarized to be considered valid.
  • Submitting the T-47 form is typically required when obtaining a new title policy or refinancing an existing mortgage.
  • Review the form carefully before submission to avoid any mistakes that could delay the title process.
  • Keep a copy of the completed T-47 form for your records, as it may be needed for future transactions or inquiries.

By following these guidelines, you can navigate the T-47 form with confidence and ensure a smoother experience in managing your property transactions.

Steps to Using Texas residential property affidavit T-47

Completing the Texas residential property affidavit T-47 form is a straightforward process that requires attention to detail. This form is essential for various real estate transactions and ensures that all parties have the necessary information. Below are the steps to accurately fill out the form.

  1. Begin by downloading the T-47 form from a reliable source or obtain a hard copy from your local county office.
  2. At the top of the form, enter the name of the property owner(s) as they appear on the property deed.
  3. Provide the property address, including the street number, street name, city, state, and zip code.
  4. In the designated area, indicate the date of the affidavit. This should be the date you are completing the form.
  5. Next, fill in the legal description of the property. This information can typically be found on the property deed or tax records.
  6. Complete any additional sections as required. This may include information about any encumbrances or liens on the property.
  7. Sign and date the affidavit in the appropriate section. Ensure that your signature matches the name provided at the top of the form.
  8. If applicable, have the affidavit notarized. This step may be necessary for the document to be legally binding.
  9. Finally, submit the completed form to the appropriate county office or include it with your real estate transaction documents.