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Quick Question: Affidavit Of Equitable Interest

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Getting back into action; having to re-educate myself, almost like starting over, only this time Uncle Sam is helping (ie, nice tax refund, thanks to the birth of my daughter)! Something to market with.

 

I missed what the Affidavit of Equitable Interest is.

 

What is this document used for?

 

Thanks,

 

Naomi

 

P.S. This is my 4-month old, Alina (and our 5 year-old cat, Aramis) I hope I attach correctly.

post-596-1109911187.jpg

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Hey, Naomi!! Welcome back, woman!! Good to hear from you again!

Great pic, too. :blink:

The Affidavit of Equitable Interest serves the identical purpose as the Memorandum of Option. It clouds the title to a property we have an interest in. You can use either with the same effectiveness.

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