{"ok":true,"canonical_url":"https://dealroom.so/glossary/affidavit","api_url":"https://dealroom.so/api/public/glossary/affidavit","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-15","timezone":"America/Chicago"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"term":{"slug":"affidavit","term":"Affidavit","group":"People and paperwork","definition":"A written statement of facts voluntarily made under oath or affirmation, typically before a notary public or other authorized officer.","what_it_means":"You might encounter affidavits during legal proceedings or specific closing requirements. For example, a seller might provide an affidavit attesting to the absence of certain liabilities or liens on the business assets. Always ensure any affidavit is truthful and accurate, as false statements can carry severe penalties.","url":"https://dealroom.so/glossary/affidavit","official_sources":[],"related":[{"slug":"penalty-of-perjury","term":"Penalty of perjury","url":"https://dealroom.so/glossary/penalty-of-perjury"},{"slug":"material-information","term":"Material information","url":"https://dealroom.so/glossary/material-information"},{"slug":"loan-agreement","term":"Loan agreement","url":"https://dealroom.so/glossary/loan-agreement"},{"slug":"due-diligence","term":"Due diligence","url":"https://dealroom.so/glossary/due-diligence"}],"related_questions":[]},"caveats":["Definitions represent DealRoom's plain-English interpretation for buyers; verify regulatory terms against the official SBA and eCFR sources listed.","Not legal, tax, or financial advice, and not an SBA eligibility determination."],"citation":{"label":"DealRoom.so Glossary — Affidavit","url":"https://dealroom.so/glossary/affidavit","source_type":"DealRoom Data"}}