What is described by an Affidavit of Title?

An Affidavit of Title is a legal document that serves as a sworn statement concerning property ownership and its status. This type of affidavit typically includes information that assures a potential buyer or lender that the seller is the rightful owner of the property and that there are no liens or claims against it, apart from what has been disclosed.

By providing accurate details about the ownership, any existing easements, restrictions, or other pertinent facts affecting the title, the Affidavit of Title offers legal protection and transparency in real estate transactions. This is essential for ensuring that the buyer can be confident in their purchase, thus preventing future disputes over ownership or property rights.

The other options do not accurately represent the function or purpose of an Affidavit of Title. A statement about property tax status may be important, but it does not encompass the broader aspects of ownership and title status that the affidavit addresses. A warranty deed is related to the transfer of property rights, but it does not serve as a sworn statement about ownership. Lastly, a list of property improvements, while useful for assessing value, does not provide information regarding the legal ownership or title status.