Affidavit as to Termination of Option
What the Affidavit as to Termination of Option Is and When It’s Used
Why preparing a clear termination affidavit matters
A properly drafted affidavit creates a public record that the option no longer encumbers the property, reduces title disputes, supports closings and lender reviews, and clarifies rights for subsequent purchasers or lessees.
Who typically completes or relies on this affidavit
The affidavit is most often prepared by parties directly involved in the option or by their counsel or title professionals.
- Real estate agents and brokers who manage option-related transactions on behalf of clients.
- Option holders or grantors who must document termination facts under oath.
- Title companies and escrow officers verifying marketable title and lien status.
Primary signers and stakeholders
Property Owner
The owner or party releasing the option typically signs as affiant. That person should provide government ID and direct facts about the option’s termination, and may be required to appear before a notary or execute a remote online notarization per state rules.
Title Officer
A title or escrow officer reviews the affidavit to confirm the termination language and recording suffices to remove the option from the title chain, and will advise on county recording requirements and any supporting exhibits needed.
Consequences of an incorrect or incomplete affidavit
Frequent errors to avoid when preparing the affidavit
- Using an incomplete legal description; even small errors can prevent correct indexing by the county recorder.
- Failing to cite the recorded option instrument (book/page or instrument number) leaves the affidavit unlinked to the original record.
- Signing without required notarization or improper notarization language can cause rejection or later challenge.
- Delaying recording after execution, which allows third parties to rely on the stale encumbrance during transactions.
Step-by-step: how to complete the Affidavit as to Termination of Option
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01Gather Documents: Collect the original option, recorded instrument details, and ID for affiant.
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02Draft Affidavit: State facts of termination, reference recorded instrument, and include property description.
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03Notarize: Sign before a notary public or use an approved RON procedure where allowed.
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04Record: Submit to county recorder and provide copies to title and parties.
Customizing an online workflow for this affidavit
| Field | Configuration |
|---|---|
| Document Template | Pre-fill property and instrument references |
| Signer Order | Affiant → Notary → Title Officer |
| Authentication | Email + SMS code or stronger KBA |
| Recording Step | Attach recorded copy after county acceptance |
Digital signing and eSubmission: platform considerations
Use a platform that supports fillable templates, notarization workflows, and secure document export to PDF for recording.
- File Formats: PDF and DOCX supported for upload and export
- Integrations: Connect with title systems, cloud storage, and case management
- Authentication: Email, SMS, KBA, and advanced signer verification
Where to send or file the affidavit after execution
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County Recorder: Record original affidavit with the county where the property is located
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Title Company: Provide a recorded copy for title file updates
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Lender or Escrow: Deliver copies to any affected mortgagee or escrow agent
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Parties: Send certified or electronic copies to all option parties
Timing considerations and common deadlines
Effective Termination Date:
Use accurate MM/DD/YYYY; determines when option rights ended
Recording Recommendation:
Record as soon as possible to clear the public record
Statute Impacts:
Accurate dates can affect statute of limitations or equitable claims
Notary Validity:
RON or in-person acknowledgements must meet state rules
Title Search Timing:
Perform updated title search after recording to confirm removal
Real-world examples of how organizations use termination affidavits
Martin Properties — Tim Martin, Founder
In-person closings reduced
- online processing replaced paperwork
- Tim Martin found he could execute affidavits and return forms with full compliance, enabling remote closings and faster turnarounds using a single consistent template.
Fertility Centers of Illinois — John Butler, Founder
Complex healthcare file coordination
- secure e-signature and HIPAA-aware workflows
- John Butler reported that the platform’s security and audit trail supported regulatory compliance while simplifying signature collection across clinics.
Key milestones from execution to clear title
Execute Affidavit
Affiant signs under oath before notary or via authorized RON
Notarization
Notary completes acknowledgement and journal entry or RON certificate
Record with County
Submit affidavit to county recorder for indexing against property
Confirm Title Update
Obtain updated title commitment showing removal of option exception
How the Affidavit differs from related documents
| Document Type | Affidavit of Termination | Release of Option | Quitclaim Deed |
|---|---|---|---|
| Purpose | record termination | convey interest back | transfer title interest |
| Requires Notary | |||
| Affects Title Directly | yes for notice | no unless recorded | yes when deeded |
| Typical Use Case | clear public record | formal bilateral release | ownership transfer |
Typical eSignature pricing and capability comparison for executing affidavits
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | 7-day free trial | Varies by plan | Varies by plan | Varies by plan | Varies by plan |
| Bulk Send | Yes | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| Envelope Cap | No cap | 100 envelopes/user/year | Varies by plan | Varies by plan | Varies by plan |
Frequently asked questions and troubleshooting tips
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Can I e-sign this affidavit?
Yes in most cases. Electronic signatures are generally valid under ESIGN (15 U.S.C. ch. 96) and UETA where adopted. Confirm that the county recorder and any affected lender accept electronically signed and notarized affidavits in your jurisdiction.
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Is notarization always required?
Many counties require a notarized acknowledgement for recorder acceptance. Some states permit RON (remote online notarization) with identity proofing and audio-video recording; verify your state’s notary rules before using RON.
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What if the county rejects the filing?
If rejected, the recorder will usually provide a rejection reason. Common fixes include correcting legal description errors, adding required pages, or obtaining proper notarization; correct and refile promptly to minimize title issues.
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How do I correct a signed affidavit?
Execute a corrective affidavit that references the original filing and explains the correction, or record a superseding affidavit. Consult counsel for material errors that affect title or third-party rights.
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Does this remove the option automatically?
Recording an affidavit provides public notice but does not substitute for any required consent from lienholders; lenders or parties may require additional documentation such as releases or estoppel letters.
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Who should I contact for state-specific questions?
Consult the county recorder, a title insurance underwriter, or local counsel for jurisdictional requirements and recording practices before execution and submission.