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Affidavit of Existence

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Affidavit of Existence

What an Affidavit of Existence Is and when it’s used

An Affidavit of Existence is a sworn written statement used to confirm that an individual, business entity, trust, or other legal party exists and that a named representative or officer is authorized to act on its behalf. It is typically signed under oath before a notary public and becomes a formal record for banks, title companies, government agencies, or third parties that require proof of current status or authorized signatory. The affidavit can be limited to identity and authority or expanded to list formation dates, registration numbers, and related documentary evidence.

Why a clear Affidavit of Existence matters

A precise affidavit reduces delays, supports due diligence, and provides a notarized legal record that third parties can rely on when confirming authority, opening accounts, or completing real estate and contract transactions.

Why a clear Affidavit of Existence matters

Who commonly prepares and requests an Affidavit of Existence

Typical requesters and preparers include corporate officers, in-house counsel, title companies, banks, contracting parties, and government units that need formal proof of existence or authority.

  • Title companies verifying entity existence before closing
  • Banks and financial institutions opening accounts or verifying signatory authority
  • Corporate officers or registered agents providing proof for countersignatures or filings

Core elements to include in a professional Affidavit of Existence

A reliable affidavit contains clear identification, a statement of existence, authority language, references to formation or registration records, notarization details, and any attachments that substantiate the claims. Each element should be concise and unambiguous so third parties can verify the facts quickly.

Identifying details

Full legal name, entity type, jurisdiction of formation, and registration number where applicable.

Existence statement

A dated, sworn declaration that the entity currently exists under law and is in good standing, if applicable.

Authority clause

Language stating the affiant’s role and authority to represent or bind the entity.

Supporting exhibits

Attach formation documents, certificates of good standing, or meeting minutes when required.

Notarial block

Notary acknowledgement with signature, commission number, and notarization date.

Signature and date

Affiant signs and dates; include printed name and title beneath signature.

Step-by-step: completing and notarizing the affidavit

Follow these sequential steps to prepare a complete and notarized affidavit that third parties can accept without additional clarification.

  • 01
    Draft the affidavit: Populate identification, existence, and authority language clearly and attach supporting exhibits.
  • 02
    Review internal records: Confirm formation documents, good standing, and board minutes support the stated authority.
  • 03
    Sign before notary: Affiant signs in the notary’s physical presence or via authorized remote online notarization where permitted.
  • 04
    Distribute copies: Provide notarized original or certified copy to requesting parties and retain the record per retention rules.

Where to file or send a completed Affidavit of Existence

Destination depends on the requestor’s needs: some require a notarized original, others accept an electronic notarized copy. Route copies to the requesting party and retain a certified record.

  • Requesting party: Deliver notarized original or certified copy as the requester specifies.
  • Title or escrow: Supply notarized affidavit when clearing title or confirming corporate authority at closing.
  • Bank or financial institution: Provide notarized document to open or update accounts requiring verified signatory information.
  • Internal records: Store a scanned notarized copy within compliance-controlled systems for retrieval.

Options for electronic completion and notarization

Electronic preparation and e-notarization are available in many jurisdictions; ensure the chosen platform supports required authentication, audit trails, and any remote notarization rules.

  • Document formats: PDF or Word DOCX supported; signed PDF recommended for audit trail.
  • Authentication: Email, SMS, or KBA options; stronger identity proofing for notarization.
  • Audit and storage: Tamper-evident audit trail and encrypted at-rest storage.

Typical online workflow settings for the affidavit

Configure fields and signer steps to match the required sequence and authentication levels before sending for signature and notarization.

Field Configuration
Signature field Required for affiant; date bound to signature
Notary block Reserved for notary acknowledgement; fill after notarization
Attachment field Include formation documents or good-standing certificates
Authentication SMS or KBA if RON notarization required

Risks and consequences of an incorrect or improperly notarized affidavit

Invalid proof: Document may be rejected without valid notarization.
Delay in transactions: Closings or account openings may be postponed.
Legal exposure: False statements can trigger perjury or civil liability.
Tax risk: Insufficient records may complicate IRS inquiries.
Authentication failures: Weak signer identity methods may be contested.
Retention gaps: Poor storage may prevent later verification.

Common preparation mistakes to avoid

  • Using informal or trade names instead of the registered legal name can invalidate reliance on the affidavit.
  • Failing to attach supporting formation or good-standing documents when requested creates avoidable verification delays.
  • Signing before notarization or omitting the notary acknowledgement leads to document rejection by banks or title companies.
  • Relying on weak signer authentication for remote notarization without following state-specific RON rules risks non-acceptance.

Practical tips for accurate, efficient affidavit completion

Adopt standard templates, verify identification, and keep clear records to speed acceptance and reduce follow-up requests.

Use a standard template
Start with a version that includes identity, authority, exhibits, and a dedicated notary block to avoid omissions.
Verify identity
Confirm the affiant’s government ID and, for RON, use approved identity proofing methods per state rules.
Attach evidence
Include formation certificates or good-standing letters to support statements of existence.
Store securely
Keep notarized originals and encrypted electronic copies with a clear retention tag for audits.

Real-world examples of when an Affidavit of Existence is used

Two brief examples illustrate common use cases where a notarized affidavit prevents transactional delays.

Title Closing

A title company requested proof the LLC existed and that the listed manager could sign

  • The manager provided a notarized affidavit plus formation certificate
  • The notarized affidavit and exhibit satisfied underwriting requirements and closing proceeded without a board minutes request, preventing a multi-day delay.

Bank Account Opening

A financial institution required confirmation of signatory authority for wire transfer privileges

  • The officer presented a notarized affidavit with corporate resolution attached
  • Bank accepted the affidavit and activated account privileges after internal verification, avoiding suspension of services.

How an Affidavit of Existence differs from related documents

Compare similar documents to choose the correct tool: an affidavit is a sworn factual statement, while certificates or corporate resolutions serve different verification purposes.

Document type Affidavit Certificate Corporate Resolution
Primary purpose sworn statement status confirmation authorization record
Notarization typical sometimes sometimes
Best when used third-party reliance registrar requests internal approvals
Attachments common formation docs formation docs minutes or resolutions

Representative eSignature platform pricing and key features

Comparative pricing and features for common eSignature providers. Confirm vendor pages for the latest plan details and available notarization or RON integrations.

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 vendor Varies by vendor Varies by vendor Varies by vendor
Bulk Send Yes Yes Yes Yes No
Audit Trail Yes Yes Yes Yes Yes
HIPAA Compliant Yes Yes Yes No No

Frequently asked questions about Affidavits of Existence

Answers to common questions about form validity, notarization, electronic signing, and storage when creating an Affidavit of Existence.


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