What is defined as a statement in writing made under oath before an authorized person?

Study for the New Jersey Title Insurance Producer Exam. Study with flashcards and multiple-choice questions, each question has hints and explanations. Get ready for your exam!

An affidavit is a legal document that contains a statement made under oath by an individual, affirming that the information provided is true to the best of their knowledge. This written declaration is usually sworn before an authorized individual, such as a notary public or a court officer, who verifies the identity of the person making the affidavit and administers the oath.

This process is important because affidavits can serve as evidence in legal proceedings. By providing a sworn statement, the affiant (the person making the affidavit) is held to a higher standard of truthfulness, which can carry legal ramifications if the affidavit is later found to contain false information.

In contrast, assignment relates to the transfer of rights or property from one party to another, a contract is a legally enforceable agreement between parties, and a declaration generally serves as a formal announcement or statement, which may not carry the same legal weight as an affidavit.

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