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Affidavit And Indemnification Agreement
"I need an Affidavit and Indemnification Agreement for a commercial property sale closing on March 15, 2025, where I need to certify there are no undisclosed liens and indemnify the buyer against any potential historical environmental claims."
1. Parties: Identification of all parties to the agreement, including the affiant and the party receiving indemnification
2. Background: Context and purpose of the affidavit and indemnification agreement, including relevant circumstances
3. Definitions: Key terms used throughout the agreement, including specific legal and technical terminology
4. Affidavit Statements: Detailed sworn statements of fact by the affiant, made under penalty of perjury
5. Indemnification Provisions: Comprehensive terms of indemnification, including scope, limitations, and conditions
6. Verification: Sworn statement confirming the truth and accuracy of all statements made in the affidavit
7. Execution: Signature blocks, notarization requirements, and execution formalities
1. Insurance Requirements: Details of required insurance coverage to support indemnification obligations
2. Notice Provisions: Procedures and requirements for communications between parties regarding claims or obligations
3. Survival Clause: Specifications of which provisions continue after agreement termination
1. Schedule A - Supporting Documents: List and copies of documents supporting the affidavit statements
2. Schedule B - Insurance Certificates: Copies of required insurance policies and certificates
3. Schedule C - Related Agreements: Reference documents establishing the context and scope of indemnification
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