An affidavit of lost not is a document in which a person legally swears that a lending document has been misplaced.
- Creating a legal document showing that a promissory note has been lost
- Proving the existence of a loan when the original promissory note has been lost or destroyed.
Affidavits are very common legal documents, and anyone who finds themselves in court for any reason may be required to execute one. An affidavit is a written statement of facts that the author has sworn are true under penalty of law. If you ever make an official statement to a court, law enforcement officer, or other legal official, you may be required to swear to the truth of that statement in an affidavit.
An affidavit must be signed by the person swearing to the truth of the statements before a witness, typically a notary, in order to become official. An affidavit of lost note is a legal document that swears that one or more parties to a lending transaction have lost the promissory note officially recording the transaction. Regardless of whether the loss was due to theft, fraud, negligence, or mere mistake, and affidavit of lost note should be included in the record of any financial transaction in which these important documents were lost. The affidavit of lost note should include specific information that adequately describes the lost documents. The author of the affidavit is expected to also provide whatever evidence he or she has regarding the content of the lost note. By using this interactive form, individuals involved in lending transactions where the original promissory notes have been misplaced can start the legal process of creating substitute documentation.