Arkansas Affidavit of Gift
Arkansas Affidavit of Gift
Introduction
I, [YOUR NAME], being duly sworn, depose and state as follows:
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I am of legal age and competent to make this affidavit.
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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
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I am the legal owner of the Property and have full legal authority to transfer ownership.
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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.
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The fair market value of the Property, to the best of my knowledge, is $[FAIR MARKET VALUE OF THE PROPERTY].
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The gift of the Property is made freely and voluntarily, without any undue influence or coercion from any party.
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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]
