VA Final Affidavit & Agreement

FINAL AFFIDAVIT & AGREEMENT

STATE OF __________________

_____________ OF ______________________

On this _______ day of _________________________, 20___before me personally appeared

_________________________________________________________________________________ President of ____________________________________________________Owner of Property and General Contractor, to me personally known, who, being duly sworn on his oath, did say that all of the persons, firms and corporations, including the general contractor and all subcontractors who have furnished services, labor or materials according to plans and specifications, or extra items, used in the construction or repair of buildings and improvements on the real estate hereinafter described, have been paid in full and that such work has been fully completed and accepted by owner.

Affiant further says that no claims have been made to affiant by, nor is any suit pending against affiant by any contractor, subcontractor, laborer or materialman, and further that no chattel mortgages, conditional bills of sale, retention of title agreements, security agreements, financing statements, or personal property leases have been given or are outstanding as to any fixtures, appliances, or equipment which are now installed in or upon said real property, or in the improvements thereon.

Affiant on behalf of said Owner of Property and General Contractor does for a valuable consideration hereby agree and guarantee to hold Stewart Title Guaranty Company by reason of the fact that it has issued or will issue in the future its title insurance policies), harmless against any lien, claim or suit of or by any general contractor, subcontractor, mechanic or materialman, and against chattel mortgages, conditional bills of sale, retention of title agreements, security agreements, financing statements, or personal property leases in connection with the construction or repair of such building or improvements on said real estate.

The real estate and improvements referred to herein are situated in the

County/City of _______________________ State of Virginia, and are described as follows, to wit:

_______________________________                                          _________________________________

OWNER OF PROPERTY                                                              OWNER OF PROPERTY

                                                                                                        _________________________________                       

                                                                                                        GENERAL CONTRACTOR

Executed, subscribed and sworn to before me the day and year above written.

My Commission Expires:                                                              _________________________________

                                                                                                       Notary Public

NOTE: FOR USE WHEN OWNER AND GENERAL CONTRACTOR ARE THE SAME.