Affidavit Of Closure Template for Singapore

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Key Requirements PROMPT example:

Affidavit Of Closure

"I need an Affidavit of Closure for winding down my Singapore-based consulting business by March 2025, confirming all client projects are completed and all outstanding payments have been settled."

Document background

The Affidavit of Closure is a crucial legal document used in Singapore when formal documentation of a closure is required. It serves as an official record and evidence that a particular matter, transaction, or relationship has been properly concluded. The document must be prepared in accordance with Singapore's legal requirements and authenticated by a Commissioner for Oaths. An Affidavit of Closure typically includes detailed information about the matter being closed, relevant dates, parties involved, and any supporting documentation. It is commonly used in business closures, account terminations, legal proceedings, and other situations requiring formal documentation of completion.

Suggested Sections

1. Title and Jurisdiction: States document type and jurisdiction (Singapore)

2. Deponent Details: Full name, NRIC/Passport number, address, and occupation of person making the affidavit

3. Matter Introduction: Brief description of the subject matter being closed

4. Statement of Facts: Chronological, numbered paragraphs stating relevant facts about the closure

5. Declaration of Closure: Formal statement confirming the closure and its finality

6. Verification Statement: Statement of truth and belief in the contents

Optional Sections

1. Financial Statement: Used when closure involves financial accounts or settlements - applicable for business or financial account closures

2. Third Party Confirmations: Statements from other parties confirming closure - required when closure needs third-party verification

3. Outstanding Obligations: Declaration of any remaining obligations or their absence - used when closing business relationships or accounts

Suggested Schedules

1. Supporting Documents: Relevant documentation proving closure (e.g., final statements, clearance certificates)

2. Proof of Authority: Documents showing deponent's authority to make declaration (if applicable)

3. Related Correspondence: Any relevant communication regarding the closure

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Banking and Finance
Corporate
Legal Services
Real Estate
Professional Services

Relevant Teams

Legal
Finance
Corporate Secretarial
Compliance
Operations

Relevant Roles

Chief Executive Officer
Company Director
Company Secretary
Legal Counsel
Finance Manager

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Let's create your Affidavit Of Closure

Authors

Alex Denne

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