New Jersey Affidavit of Consideration
New Jersey Affidavit of Consideration
State of New Jersey
County of [COUNTY]
Introduction:
I/We, [YOUR NAME], being duly sworn, depose and say:
Statement of Facts:
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Property Address: [PROPERTY ADDRESS]
Block: [Block Number]
Lot: [Lot Number]
The transaction details are as follows: The seller, [YOUR NAME], can be reached at [YOUR TELEPHONE NUMBER] and is located at [YOUR ADDRESS]. -
On the other side of this agreement, the buyer, [Buyer's Name], whose contact number is [Buyer's Telephone Number], resides at [Buyer's Address]. This information facilitates communication and the smooth execution of the transaction between both parties.
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The property conveyed is described as the property conveyed is described as Lot 12, Block 3, Smithson Subdivision, as per the plat thereof recorded in Plat Book 45, Page 67, located at [Property Address], in the municipality of [Municipality Name], County of [County], State of New Jersey.
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The total consideration paid or to be paid in connection with the transfer of the above property is $[Total Consideration Amount], out of which:
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The sum of $[Amount] was paid in cash or equivalent.
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The sum of $[Amount, if any] is to be paid by other forms of payment may include mortgage financing, where the buyer secures a loan to cover the purchase price of the property and repays it over time with interest. Additionally, buyers may opt for seller financing, where the seller extends credit to the buyer and receives payments over an agreed-upon period.
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Based on the total consideration, the Realty Transfer Fee due to the State of New Jersey and the County of [County Name] is calculated to be $[Calculated Fee Amount], which has been or will be paid as required by law.
Declarations:
This affidavit is executed to comply with the New Jersey Realty Transfer Fee Act.
The information contained herein is true to the best of my/our knowledge and belief. I/We understand that any false statement made herein could be punishable by law.
IN WITNESS WHEREOF, I/We have hereunto set my/our hand(s) and seal(s) this [DAY] of [MONTH], [YEAR].
Signature:
[YOUR NAME]
[DATE]
