Free Affidavit of Separation for Property Ownership Template
Affidavit of Separation for Property Ownership
Prepared by: [YOUR NAME]
Email: [YOUR EMAIL]
[YOUR COMPANY NAME] | [YOUR COMPANY NUMBER]
[YOUR COMPANY ADDRESS] | [YOUR COMPANY WEBSITE]
This Affidavit of Separation for Property Ownership is made and sworn to on this day, January 10, 2050, by the undersigned parties to declare and formalize the division of property and financial responsibilities following their separation.
I. Details of the Parties
This affidavit is entered into by:
-
Party A: John Doe, residing at 123 Main Street, Springfield, USA.
-
Party B: Jane Smith, residing at 456 Elm Avenue, Springfield, USA.
The parties were previously married/cohabiting but separated on December 25, 2049.
II. Property Division Agreement
The following outlines the agreed division of property between the parties:
|
Asset Type |
Description |
Ownership Transfer |
Remarks |
|---|---|---|---|
|
Real Estate |
123 Main Street, Springfield |
Retained by John Doe |
Title transfer pending |
|
Vehicle |
2048 Tesla Model X |
Transferred to Jane Smith |
To be completed by February 1, 2050 |
|
Joint Bank Account |
Account ending in 7890 |
Split equally |
Funds to be distributed by January 15, 2050 |
III. Liability Division Agreement
The parties agree to the following responsibility for outstanding liabilities:
-
John Doe shall retain responsibility for the mortgage on 123 Main Street, including payments starting January 15, 2050.
-
Jane Smith shall assume responsibility for the outstanding auto loan associated with the 2048 Tesla Model X, effective February 1, 2050.
IV. Acknowledgment and Binding Effect
Both parties agree to the terms outlined in this affidavit and acknowledge that it reflects their mutual understanding of the property division. This document is binding and may be used in any relevant legal or financial matters.
Signed on this day, January 10, 2050:
John Doe
Jane Smith
Agustin Jerde, Notary Public
Date: January 10, 2050
