Sworn Statement Value Form
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SWORN STATEMENT INDEX NO. Taxable or Exempt Required under Section 202/203 of Republic Act No. 7160 I of legal age and with postal address at Citizenship Civil Status after having duly sworn to in accordance with law hereby depose and say That I am the of the following real properties lands buildings machineries Owner or Administrator or Authorized Representative or other improvements located in the city/municipality of province of owned by of which the description and true current and fair market State Name of Owner/s if filed by administrative or authorized representative value/s are as follows A. LAND Residential Commercial Industrial Agricultural Special Existing Tax Dec* No* Lot No* Block Cadastral/ PLS No* Classification Area Location of Property Ha*/Sq. M. Res* Agr. Com* etc* St*/Dist. /Barangay Title Total Current and Fair Market Value B. BUILDING AND OTHER STRUCTURES Total Year Actual General Description Completed/ Floor Area Storey Use in Sq. M. Occupied Owner of Lot Where Bldg. is Located Location of Property No*/St*/ Dist. /Barangay True Current and Fair C. MACHINERIES Description Date Acquired Commenced Operation Original Acquisition Cost Cost of Installation Site Value of Depreciation OTHER IMPROVEMENTS Perennial Trees/Plants Kinds of Trees/Plants No* of Trees/ Hec*/ Productive Annual Product per Tree/Plant Hec* Ages Productive That I am executing this sworn statement in compliance with Republic Act No* 7160 IN WITNESS WHEREOF I have hereunto affixed my signature this day of at if thumbmarks require signatures of two 2 witnesses Signature Witness TIN SUBSCRIBED AND SWORN to before me this day of 20 affiant exhibiting his/her Community Tax Certificate No* A- issued on at Philippines. Signature of Administering Officer Note 1 Include in this sworn statement only real property owned or administered by the affiant in one municipality or city. 2 Prepare three 3 copies and after having been subscribed to by the affiant submit the same to the Provincial City Municipal Assessor or Municipal Deputy Assessor or Ex-Officio Deputy Assessor of the province city or municipality where the property is located the original and duplicate to be retained by receiving office and the triplicate to be returened to the affiant after receipt thereof has been duly acknowledged* 3 Write NEW under column Existing Tax Dec* No* for property not previously declared* 4 Original acquisition cost of Machinery include such costs as freight and insurance charges brokerage arrastre and handling custom duties and taxes cost of inland transportation and handling. LAND Residential Commercial Industrial Agricultural Special Existing Tax Dec* No* Lot No* Block Cadastral/ PLS No* Classification Area Location of Property Ha*/Sq. M. Res* Agr. Com* etc* St*/Dist. /Barangay Title Total Current and Fair Market Value B. BUILDING AND OTHER STRUCTURES Total Year Actual General Description Completed/ Floor Area Storey Use in Sq. M. Res* Agr. Com* etc* St*/Dist. /Barangay Title Total Current and Fair Market Value B. BUILDING AND OTHER STRUCTURES Total Year Actual General Description Completed/ Floor Area Storey Use in Sq. M. Occupied Owner of Lot Where Bldg. is Located Location of Property No*/St*/ Dist. /Barangay True Current and Fair C.
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What is the sworn statement value?
The sworn statement value refers to a formal declaration that provides an estimation of the market value of real properties. This document is often required in various legal and financial transactions, such as property sales, tax assessments, or loan applications. It serves as a credible source of information regarding the fair market value of a property, ensuring that all parties involved have a clear understanding of its worth.
Key elements of the sworn statement value
A sworn statement value typically includes several critical components:
- Property Description: Detailed information about the property, including its location, size, and type.
- Market Analysis: An assessment of comparable properties in the area to establish a fair market value.
- Affidavit Statement: A declaration by the individual providing the sworn statement, affirming the accuracy of the information.
- Signature and Notarization: The document must be signed and often notarized to ensure its legal validity.
Steps to complete the sworn statement value
Completing a sworn statement value involves several straightforward steps:
- Gather Information: Collect all necessary details about the property, including its size, location, and any recent improvements.
- Conduct Market Research: Analyze comparable properties to determine an appropriate market value.
- Draft the Document: Prepare the sworn statement, ensuring all required elements are included.
- Review and Sign: Carefully review the document for accuracy before signing it in the presence of a notary.
Legal use of the sworn statement value
The sworn statement value holds legal significance in various contexts. It is often used in real estate transactions to establish a property's value for tax purposes or to secure financing. Courts may also reference sworn statements in disputes regarding property valuation. Compliance with local laws and regulations is essential to ensure the document's acceptance in legal proceedings.
How to obtain the sworn statement value
Obtaining a sworn statement value typically involves hiring a qualified appraiser or real estate professional who can provide an accurate assessment. These professionals will conduct a thorough analysis of the property and the local market conditions. Once the evaluation is complete, they will prepare the sworn statement, which can then be used for various legal and financial purposes.
Examples of using the sworn statement value
Sworn statement values are commonly utilized in several scenarios:
- Property Sales: To establish a fair selling price during real estate transactions.
- Tax Assessments: To provide evidence of a property's value for property tax evaluations.
- Loan Applications: To support mortgage applications by demonstrating the property's worth.
Quick guide on how to complete sworn statement value
Complete Sworn Statement Value seamlessly on any device
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Here is a list of the most common customer questions. If you can't find an answer to your question, please don't hesitate to reach out to us.
A Sworn Statement Value in airSlate SignNow refers to the legally binding declaration made by a signer that the information contained in a document is accurate and truthful. This feature enhances the credibility of your documents by ensuring that all parties acknowledge the contents as valid under legal scrutiny.
airSlate SignNow utilizes robust encryption and secure electronic signatures to guarantee the authenticity of a Sworn Statement Value. Each signed document is securely stored and can be verified through a unique audit trail, ensuring that the integrity of the information is maintained throughout the signing process.
Yes, with airSlate SignNow, you can easily customize your Sworn Statement Value documents to meet your specific needs. Our intuitive platform allows you to add fields, logos, and specific clauses, making it simple to tailor documents for different purposes while maintaining compliance with legal standards.
airSlate SignNow offers several pricing tiers that cater to different business sizes and needs, all of which include the ability to create Sworn Statement Value documents. You can choose from monthly or annual subscriptions, allowing you to select a plan that best fits your budget while providing access to all essential features.
Absolutely! airSlate SignNow seamlessly integrates with various applications such as Google Drive, Salesforce, and Microsoft Office, enabling you to manage your Sworn Statement Value documents efficiently. These integrations streamline workflows and enhance productivity by allowing easy access to your documents from your preferred platforms.
Using airSlate SignNow for your Sworn Statement Value offers numerous benefits, including enhanced security, compliance with legal standards, and improved workflow efficiency. The platform simplifies the signing process, reduces turnaround time, and helps you maintain accurate records, thus supporting better business operations.
Yes, airSlate SignNow is designed to cater to businesses of all sizes and industries that require Sworn Statement Value documents. Whether you're a small startup or a large corporation, our user-friendly platform can adapt to your specific requirements, ensuring that you can create and manage necessary documents effortlessly.
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