Marriage Affidavit (Hindu Marriage Act)

Last updated: Type: Affidavit

Why this Affidavit is Used

  • To declare ownership of property and its market value before the authorities.
  • To certify that the person is financially sound/solvent and not in debt or default.
  • To support applications where financial credibility is mandatory (government contracts, tenders, bail, surety, business licences, etc.).

When It is Used

  • While applying for a Solvency Certificate from the District Magistrate/Revenue Department.
  • For government tenders or contracts to prove financial capacity.
  • When standing as surety in court (for bail or other cases).
  • For business/trade licences, dealership allotments, or bank-related guarantees.
  • Sometimes for study abroad visas (where state govt. solvency certificates are accepted).

Purpose

  • To show proof of financial strength backed by immovable property.
  • To assure the government/authority that the person is capable of meeting liabilities.
  • To confirm that the property is unencumbered (no mortgage, loan, or dispute).
  • To legally bind the person not to sell or hypothecate the property during the validity of the solvency certificate.

FAQs

Q1. What is a solvency certificate?

It is a certificate issued by the District Magistrate/Revenue Authority certifying that a person has enough property/assets to meet financial obligations.

Q2. Who needs a solvency certificate?

Contractors; bidders in tenders; court sureties; businessmen; or students (in some cases abroad).

Q3. What documents are required with this affidavit?

Property papers, a property valuation report, tax receipts, ID proof, and sometimes an encumbrance certificate.

Q4. How long is a solvency certificate valid?

Usually 1 year (varies by state rules).

Q5. Is an affidavit alone enough for solvency?

No. The affidavit is only a supporting document. The final solvency certificate is issued by the competent authority after verification.

Q6. Can I use movable assets (like bank deposits) for a solvency certificate?

Yes, but in such cases a different format is used. This affidavit is specifically for property-based solvency.

Q7. What if I sell the property after obtaining a solvency certificate?

That violates the affidavit undertaking. It can lead to the cancellation of the solvency certificate and legal action.

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Format/Affidavit

PROFORMA OF AFFIDAVIT FOR OBTAINING SOLVENCY CERTIFICATE ON THE BASIS OF PROPERTY

Affidavit of Sh. ____________________ S/o ________________ R/o _____________________________ Distt./State____________ do hereby solemnly affirm and declare as under:

1. That I am the absolute owner of property no. ___________ or that I am a partner of ___________ % in property no. ______________ and the market value of my above-mentioned share/property is Rs. ______________.

2. That the property as mentioned above is free from all encumbrances.

3. That I undertake neither to sell the abovementioned property nor the hypothecate in any manner so long as the Solvency Certificate remains in force.

4. That I have not stood surety for anyone in any court in Delhi or outside Delhi.

5. That I am Income Tax payee & wealth tax assesses and assessed with Dy. Commissioner Income Tax ______________________.

6. That I have never been convicted of a bailable or non-bailable offence and I owe nothing to the Government as revenue or in any other form.

Deponent

Verification

Verified at Delhi, this _____________ day ___________ that the contents of the affidavit are true & correct to the best of my knowledge and belief and nothing has been concealed therein.

Deponent

Format Type
Affidavit

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