Definitions for "AFFIDAVITS"
A written declaration made under oath before a notary public or other authorised officer.
As part of the closing process, you're likely to sign numerous affidavits. You may be required, for example, to sign an affidavit of occupancy. It states that you will use the property as a principal residence. Or, you and the seller may have to sign an affidavit stating all of the improvements to the property required in the sales contract were completed before closing.
written statement made before an official, such as a notary public. An affidavit of occupancy states that you will use the property as a principal residence. An affidavit may state that all of the improvements to the property required in the sales contract were completed before closing.