What is a 47 affidavit?
What is a 47 affidavit?
The T-47 is an affidavit that accompanies a survey in real estate transactions when the buyer and seller wish to use an existing survey rather than paying for a new one at the time of the transaction. The seller is responsible for filling out this form.
Does a T-47 have to be notarized?
The T-47 Residential Real Property Affidavit (also known simply as the T-47) is a notarized form that complements a survey in a real estate transaction. As a seller, you’ll need to fill out this form correctly and fully and give it to your real estate agent for their files.
What is a GF number?
The GF number (for guaranty file) is used to identify the file and should be used whenever you communicate with the closer. The process of setting up a working file for the transaction is often called “opening title” and is the first step in the title company’s work to close the sale and issue a policy.
What is a survey affidavit?
This affidavit is essentially a sworn promise by the seller that no changes have been made to the property since the prior survey was completed and that no other parties have any easements or other rights to use the property. …
Is an affidavit?
An affidavit is a written statement from an individual which is sworn to be true. It is an oath that what the individual is saying is the truth. An affidavit is used along with witness statements to prove the truthfulness of a certain statement in court.
What is the GF number on a T 47?
You can leave GF number blank – this is a file number for use by the title company at which you sell your home. The description is a legal description. You can look that up in the tax records or ask your Realtor to tell you.
What is a GF #?
GF means “Girlfriend,” “Gay Female,” or “Good Fight.” The abbreviation GF has many meanings when used in text-based messaging and online.
What is a GF title?
General File Number (GF Number) – and internal filing number which is assigned by title companies to individual real estate transactions.
What does GF mean in a text?
The abbreviation GF has many meanings when used in text-based messaging and online. It is widely used with the meaning “Girlfriend” and (especially on dating sites) it is also used to mean “Gay Female.” In gaming circles, GF is used to mean “Good Fight.” Here is more information about each of these definitions of GF.
Where can I find the T-47 affidavit in Texas?
Some title companies may require use of their own version of the T-47. The version available to Texas REALTORS® members, Residential Real Property Affidavit T-47 (TXR 1907), is at texasrealestate.com/realtorforms.
What does T-47 stand for in Texas Realtors?
The T-47 Residential Real Property Affidavit (TXR 1907) has been the subject of some confusion among Texas REALTORS® members. The T-47 is an affidavit that accompanies a survey in real estate transactions when the buyer and seller wish to use an existing survey rather than paying for a new one at the time of the transaction.
What’s the date that goes on the T-47?
What Date Goes on the T-47? The T-47 Residential Real Property Affidavit (TXR 1907) has been the subject of some confusion among Texas REALTORS® members.
Who is responsible for filling out the T-47?
The seller is responsible for filling out this form. The T-47 is a generally straightforward document used by title insurance companies to determine the coverage they are willing to provide. The confusion arises in Paragraph 4 where the seller is instructed to fill in a date after which no major changes to the property have occurred.
What is a 47 affidavit? The T-47 is an affidavit that accompanies a survey in real estate transactions when the buyer and seller wish to use an existing survey rather than paying for a new one at the time of the transaction. The seller is responsible for filling out this form. Does a T-47 have…