Free Affidavit of Property Transfer Exemptions Template
Affidavit of Property Transfer Exemptions
I. Affiant Information
I, Garfield Williams, the undersigned, of Raleigh, NC 27601, being duly sworn, do hereby state and affirm under oath as follows:
II. Property Details
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The property in question is located at 1234 Maple Street, Raleigh, NC 27601.
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The legal description of the property is as follows: Lot 15, Block 3, Maple Street Subdivision, as recorded in Book 210, Page 35 of the Wake County Register of Deeds.
III. Exemptions from Property Transfer Tax
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The transfer of property in question is exempt from the payment of transfer taxes due to the following reasons:
a. Transfer between spouses: The transfer of the property is being made between spouses, which qualifies for exemption under North Carolina General Statutes, Section 105-187.1.
b. Transfer by gift: The property is being transferred as a gift, which is exempt under Section 105-187.2 for properties gifted without consideration.
c. Transfer for public purposes: The transfer is made for purposes of public use and meets the conditions outlined under Section 105-187.3, thereby making it exempt from taxes.
IV. Purpose of the Affidavit
This affidavit is executed to affirm that the transfer of property described herein is exempt from applicable property transfer taxes as outlined above. The undersigned affiant is fully aware of the legal implications of this statement and affirms the correctness and truthfulness of the contents contained in this document.
V. Affiant's Declaration
I, Garfield Williams, do solemnly swear that the statements made in this affidavit are true to the best of my knowledge and belief. I understand that providing false information in this affidavit may result in legal consequences.
VI. Signature and Acknowledgment
Affiant Name: Garfield Williams
Date: Dec 20, 2050
Notary Name: [Your Name]
Date: Dec 20, 2050
