Posted by Linda/IL on 6/1/07 10:50pm
Msg #193292

indemnity agreement

looked in the search files couldn't find the info I was looking for. Who signs this paper as INDEMNITOR? Thanks

Reply by Lee/AR on 6/3/07 7:56am
Msg #193412

Dictionary definition:

in•dem•ni•tor

Pronunciation: (in-dem'ni-tur), [key]
—n.
a person or company that gives indemnity.


in•dem•ni•tee

Pronunciation: (in-dem"ni-tç'), [key]
—n.
a person or company that receives indemnity

Reply by Doris_CO on 6/3/07 4:04pm
Msg #193460

Not sure if this answers your question, but I have seen a form titled "Indemnity and Affidavit as to Debts, Liens, and Possessions" included with some Countrywide loans. At the very top of the form, above the name of the form is written in bold letters "To be filled in personally by Seller or Borrower in His/Her own handwriting." There is a notarial certificate with Jurat wording at the end of the form. By filling out the form, the borrower is stating they have owned their home since (year), there are no undisclosed liens or taxes, and they are not currently making any major home
improvements.