If you are selling a real estate property in the US which has a mortgage registered against title, the purchaser may require you to provide an Estoppel Affidavit of Mortgagor.
The Affidavit sets out the current status of the mortgage including:
- Details of the registration of the mortgage and promissory note securing the loan,
- Remaining balance to be paid under the mortgage,
- Affiant has insured the property continuously,
- Property tax has been paid to date,
- There are no existing liens against the property.
This USA Estoppel Affidavit of Mortgagor template is provided in MS Word format, and is easy to download, fill in with your details and print.
ESTOPPEL AFFIDAVIT OF MORTGAGOR STATE OF ___________________ COUNTY OF ___________________ BEFORE ME, the undersigned authority, duly authorized in the State and County aforesaid to take acknowledgments, this day personally appeared ____________________________________________, who, being by me first duly sworn, on oath, deposes and says: 1. The facts and matters contained and recited herein are based upon the personal knowledge of the Affiant. 2. Affiant is a resident of the State of ____________________, County of ___________________________, and currently resides at the following address: _______________. 3. On the ________ day of ______________________, ______, Affiant executed a Mortgage Deed in favor of _____________, which said Mortgage is of record in Official Records Book __________, Page _______ through ________ of the Public Records of the County of ______________________, State of _________________________. 4. The above described Mortgage secures a Promissory Note of even date therewith in the original principal amount of $_________________________________, with interest thereon at the rate of ______________% per annum and payable in installments of principal and interest of $_______________ per month, beginning on the _____________________ day of ___________________, ______ and payable on the __________ day of each and every month thereafter until paid in full. 5. The principal balance remaining to be paid under the Mortgage and Promissory Note described herein is, as of the ______ day of ____________, ____, $_________________ and that all payments due through and including the payment due on the __________ day of _________________, _____, have been made by the Affiant to the Mortgagee and the loan evidenced by said documents is, in all respects, current and the Affiant is not in default in any manner with respect thereto. 6. Affiant has continuously, since the date of said Mortgage and Promissory Note, fully insured the property in a sum not less than the property's full insurable value, in a company or companies acceptable to the Mortgagee and that said policy or policies of insurance have been held by and made payable to the said Mortgagee, per the terms of the Mortgage Deed. 7. Upon any assignment of the said Mortgage and receipt by Aff
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