Marriage Affidavit (Hindu Marriage Act)
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
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Q1. What is a solvency certificate?
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It is a certificate issued by the District Magistrate/Revenue Authority certifying that a person has enough property/assets to meet financial obligations.
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Q2. Who needs a solvency certificate?
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Contractors; bidders in tenders; court sureties; businessmen; or students (in some cases abroad).
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Q3. What documents are required with this affidavit?
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Property papers, a property valuation report, tax receipts, ID proof, and sometimes an encumbrance certificate.
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Q4. How long is a solvency certificate valid?
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Usually 1 year (varies by state rules).
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Q5. Is an affidavit alone enough for solvency?
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No. The affidavit is only a supporting document. The final solvency certificate is issued by the competent authority after verification.
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Q6. Can I use movable assets (like bank deposits) for a solvency certificate?
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Yes, but in such cases a different format is used. This affidavit is specifically for property-based solvency.
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Q7. What if I sell the property after obtaining a solvency certificate?
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That violates the affidavit undertaking. It can lead to the cancellation of the solvency certificate and legal action.
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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
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