Listing Addendum - Wells Fargo, Affidavit Of "Arm'S Length Transaction" - Wells Fargo Etc. Page 2
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4AFFIDAVIT OF “ARM’S LENGTH TRANSACTION”
All Parties to the contract on the premises dated
:
Property address:
Hereby affirm that this is an “Arm’s Length Transaction”,
No party to this contract is a family member, business associate, or share a business
interest with the mortgagor. Further, there are no hidden terms or special understandings
between the seller or buyer or their agents or mortgagor.
The Buyers and Sellers nor their Agents have any agreements written or implied that will
allow the Seller to remain in the property as renters or regain ownership of said property
at anytime after the execution of this short sale transaction. None of the parties shall
receive any proceeds from this transaction except the sales commission.
___________________________
_____________________________
(Seller)
Date
(Seller)
Date
___________________________
_____________________________
Print Name
Print Name
___________________________
______________________________
(Seller’s Agent)
Date
(Buyer’s Agent)
Date
___________________________
______________________________
Print Name and Company
Print and Company
___________________________
______________________________
(Buyer)
Date
(Buyer)
Date
___________________________
______________________________
Print Name and Title Co. Name
Print Name and Title Co. Name
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