The Affidavit of Surety is a crucial document in the United States legal system, commonly used when financial guarantees are required. This sworn statement details the surety's financial position and their commitment to backing another party's obligations. The document is particularly important in situations involving bonds, court proceedings, or contractual obligations where financial assurance is necessary. The affidavit must be properly executed before a notary public and typically includes comprehensive financial disclosure to demonstrate the surety's capability to fulfill their guarantee.
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1. Title and Caption: Identifying information including jurisdiction and case number if applicable
2. Personal Information: Surety's full legal name, address, and identifying information
3. Declaration Statement: Statement declaring the affiant is making statements under oath
4. Financial Status: Details of assets, liabilities, and net worth
5. Obligation Statement: Description of the surety obligation being undertaken
6. Verification: Statement verifying all information is true and correct
7. Signature Block: Signature of affiant and notary section
1. Property Description: Detailed description of property offered as security, used when property is pledged as collateral
2. Additional Sureties: Information about co-sureties, used when multiple sureties are involved in the obligation
3. Employment Information: Details about employment and income, used when income verification is required
1. Schedule A - Asset List: Detailed listing of all assets claimed by surety
2. Schedule B - Liability List: Detailed listing of all liabilities and obligations
3. Schedule C - Property Documentation: Property deeds, titles, or other ownership documentation
4. Schedule D - Financial Statements: Bank statements, tax returns, or other financial documentation
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