Property Ownership Declaration

PROPERTY OWNERSHIP DECLARATION

This Property Ownership Declaration (the Declaration) is made by the undersigned for the purposes set forth herein and for reliance by third parties as specified below.

WHEREAS

WHEREAS, Declarant Name: is the owner of certain real property described below; and

WHEREAS, the Declarant acquired legal title by Instrument Reference: dated Acquisition Date: and recorded in Recording Jurisdiction: ; and

WHEREAS, Declarant intends to declare the nature of ownership, encumbrances, and relevant factual representations for the benefit of Recipient Name: and other interested parties.

PROPERTY IDENTIFICATION

OWNERSHIP DETAILS

Nature of Ownership (check applicable):

Sole ownership Joint tenancy Tenants in common Other (describe below)

ENCUMBRANCES AND LIENS

The Declarant declares that as of Declaration Date: the property is subject to the following mortgages, liens, easements, restrictions, covenants or claims (list "None" if none):

Are there any pending actions or notices affecting title? Yes No

CONSIDERATION AND PAYMENT TERMS

If this Declaration relates to a transfer or sale, the agreed consideration is: $ payable as follows:

Late payment fee (if applicable):

SCOPE OF DECLARATION

Purpose and Scope: The Declarant provides this Declaration to state facts of ownership, disclose known encumbrances, and make binding representations for reliance by the Recipient and other identified third parties. The Declaration does not itself transfer title unless accompanied by a separate conveyance instrument executed by all required parties.

REPRESENTATIONS, WARRANTIES AND INDEMNITY

The Declarant represents and warrants that: (a) Declarant is the lawful owner of the property described herein and has full authority to execute this Declaration; (b) to the Declarant's knowledge the statements made in this Declaration are true, complete and accurate as of the Declaration Date; and (c) Declarant will indemnify and hold harmless the Recipient and its agents from any losses arising from material misrepresentation or omission in this Declaration.

CONFIDENTIALITY

Except as required by law or court order, the Recipient agrees to maintain the confidentiality of non-public information provided in this Declaration and to use such information solely for the purpose stated herein.

TERM AND TERMINATION

This Declaration is effective as of Effective Date: and will remain in effect until Termination Date: or until terminated by written notice given with Notice Period (days): days to the other party.

GOVERNING LAW

This Declaration shall be governed by and construed in accordance with the laws of Governing State: without regard to principles of conflict of laws.

ENTIRE AGREEMENT

This Declaration constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior or contemporaneous oral or written communications and representations. Any amendment must be in writing and signed by both parties.

CERTIFICATION

The Declarant certifies under penalty of perjury under the laws of the governing jurisdiction that the foregoing statements are true and correct to the best of Declarant's knowledge.

Sign Now