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Business Entity Affidavit of Ownership

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A Business Entity Affidavit of Ownership is a sworn statement by a Seller that the Seller owns a particular business entity. The Seller should provide this affidavit when selling his or her business to another party. This form contains standard language used in an affidavit of this type, however, the user's specific business information can be easily set forth in this affidavit to make sure the affidavit is accurate, and that it fits the needs of the Seller using this form.

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									A Business Entity Affidavit of Ownership is a sworn statement by a Seller that the Seller
owns a particular business entity. The Seller should provide this affidavit when selling
his or her business to another party. This form contains standard language used in an
affidavit of this type, however, the user's specific business information can be easily set
forth in this affidavit to make sure the affidavit is accurate, and that it fits the needs of
the Seller using this form.
                            Affidavit of Ownership – Business Entity


_________________ [Instructions: Insert name of seller] (“Seller”) located at
_________________ [Instructions: Insert address of seller], being duly sworn, severally
deposes:


1. The Seller is the sole owner of _________________ [Instructions: Insert description of
   business entity, including entity form, name, and location] (the “Business”), and has the
   full right to sell and transfer this Business.


2. The Business is free and clear of all obligations and encumbrances, except for the interests
   described as _________________ [Instructions: Insert description of interest, if one
   exists].


3. The Seller is not indebted to anyone, except for the creditor identified as
   _________________ [Instructions: Insert identification of creditor].


4. No petition in bankruptcy or arrangement proceedings have been filed by or against the
   Seller; and the Seller has not taken advantage of any insolvency law.


5. This affidavit is made to induce _________________ [Instructions: Insert name of buyer]
   to accept the transfer of the Business and to pay consideration therefore.


                                     _________________
                                      Seller
State of ____________________
County of ____________________

On _________________ [Instructions: Insert date], before me personally came
_________________ [Instructions: Insert name of Seller], to me known to be the person
described in and who executed the foregoing instrument and acknowledged that he had executed
the same.


                                   ____________________
                                      Notary Public


Seal




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