AFFIDAVIT OF NO CREDITORS
This Affidavit of No Creditors (the “Agreement”) is made and effective [DATE],
BETWEEN: [YOUR COMPANY NAME] (the "Company"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at:
[YOUR COMPLETE ADDRESS]
AND: [AFFIANT NAME] (the "Affiant"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at:
[COMPLETE ADDRESS]
In consideration of the terms and covenants of this agreement, and other valuable consideration, the parties agree as follows:
RECITALS
Affiant is the owner of the stock of merchandise located at
[address], [city], [state],
more particularly described as follows:
[description],
which Affiant proposes to sell and transfer to Company, of
[address], [city], [state].
This merchandise is not encumbered.
Affiant has no creditors.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the date first above written.
COMPANY AFFIANT
______________________________________ ______________________________________
Authorized Signature Authorized Signature
______________________________________ ______________________________________
Print Name and Title Print Name and Title
ACKNOWLEDGMENT
State of [state]
County of [county]
On [date] before me, [name of notary], notary, personally appeared [name of person(s) involved], personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.
Witness my hand and official seal.
Signature Notary
(Seal)
