Free Arkansas Affidavit of Gift Template

Arkansas Affidavit of Gift

Introduction

I, [YOUR NAME], being duly sworn, depose and state as follows:

  • I am of legal age and competent to make this affidavit.

  • This affidavit is made in connection with the gift of real estate located at [PROPERTY ADDRESS], Arkansas, described as [LEGAL DESCRIPTION OF THE PROPERTY], hereinafter referred to as the "Property."

Statement of Facts

  1. I am the legal owner of the Property and have full legal authority to transfer ownership.

  2. I hereby irrevocably and unconditionally gift the Property to [RECIPIENT'S NAME], hereinafter referred to as the "Recipient," without any consideration or expectation of repayment.

  3. The fair market value of the Property, to the best of my knowledge, is $[FAIR MARKET VALUE OF THE PROPERTY].

  4. The gift of the Property is made freely and voluntarily, without any undue influence or coercion from any party.

  5. There are no liens, encumbrances, or claims against the Property, and I have the legal right to transfer clear and marketable title to the Recipient.

Sworn Oath

I solemnly swear under penalty of perjury that the foregoing statements are true and correct to the best of my knowledge, information, and belief.

[YOUR NAME]

Date: [DATE OF SIGNING]


Sworn to and subscribed before me this [DATE] day of [MONTH], [YEAR].

[NOTARY PUBLIC STAMP]

Notary Public, State of Arkansas

My Commission Expires: [COMMISSION EXPIRY DATE]

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