Affidavit and Indemnity Agreement Template for Singapore

An Affidavit and Indemnity Agreement combines two key legal tools commonly used in Singapore's business transactions. The affidavit part is your sworn statement of facts, while the indemnity portion promises to protect another party from potential losses or legal issues related to those facts.

Banks, property firms, and companies in Singapore often require these agreements when handling missing documents, ownership transfers, or disputed transactions. For example, if you've lost your original share certificate, you might sign this agreement to get a replacement while promising to cover any costs if the old certificate resurfaces and causes problems. The agreement must be properly witnessed and stamped to be legally binding under Singapore law.

Use an Affidavit and Indemnity Agreement when you need to replace important lost documents or transfer assets without complete paperwork in Singapore. Common scenarios include getting new share certificates, completing property transactions with missing title deeds, or handling bank accounts where original documents are destroyed or misplaced.

This agreement becomes essential when time-sensitive transactions can't wait for extensive document searches. For example, executing a will when original property papers are lost, or closing urgent business deals despite missing certificates. The agreement protects all parties - you get to proceed with your transaction while the other party receives legal protection against future claims or complications.

• Basic Lost Document Agreement: Used when replacing missing share certificates, property deeds, or bank documents - includes a standard declaration and basic indemnity coverage
• Asset Transfer Variation: Includes enhanced clauses for complex property or business ownership transfers, with detailed asset descriptions and specific indemnity terms
• Bank Transaction Type: Features specialized provisions for banking transactions, including detailed account information and financial institution-specific protections
• Corporate Securities Version: Contains expanded sections for company shares and securities, with additional declarations about ownership history
• Estate Administration Form: Tailored for executors handling deceased estates, including specific probate-related declarations and beneficiary protection clauses

• Banks and Financial Institutions: Request these agreements from customers when replacing lost documents or processing significant transactions
• Property Owners: Sign these when dealing with missing title deeds or transferring real estate without complete documentation
• Corporate Shareholders: Use them to obtain replacement share certificates or handle ownership transfers
• Legal Practitioners: Draft and review the agreements to ensure compliance with Singapore law and protect client interests
• Commissioners for Oaths: Witness and authenticate the affidavit portion, making it legally binding
• Company Secretaries: Process these agreements for corporate record-keeping and regulatory compliance

• Document Details: Gather precise information about the lost or missing document, including reference numbers, dates, and original issuing authority
• Identity Verification: Prepare personal identification, proof of address, and any corporate documentation if representing a company
• Facts Statement: Write a clear chronological account of how the document was lost or circumstances requiring the agreement
• Supporting Evidence: Collect police reports, correspondence, or other relevant documents that support your declaration
• Witness Arrangements: Schedule an appointment with a Commissioner for Oaths in Singapore for proper attestation
• Review Process: Double-check all details using our platform's automated verification system to ensure accuracy and completeness

• Declaration Statement: Clear statement of facts under oath, including the circumstances and details of lost documents
• Indemnity Clause: Specific promise to protect and compensate the other party against future claims or losses
• Party Details: Complete identification of all parties involved, including full names, addresses, and registration numbers
• Property Description: Detailed description of relevant assets, documents, or rights being addressed
• Execution Block: Proper signature sections with witness attestation and Commissioner for Oaths certification
• Governing Law: Clear statement that Singapore law governs the agreement
• Consideration Clause: Statement of value exchange to make the agreement legally binding

People often confuse an Affidavit and Indemnity Agreement with a simple Indemnity Agreement, but they serve different purposes in Singapore's legal framework. The key differences matter when choosing which document to use.

• Sworn Statement Component: Affidavit and Indemnity Agreements include a formal sworn declaration of facts, requiring attestation by a Commissioner for Oaths. Regular Indemnity Agreements don't need this sworn element.
• Legal Weight: The affidavit portion makes false statements punishable as perjury, providing stronger protection against fraudulent claims
• Document Replacement: Affidavit and Indemnity Agreements specifically handle lost document scenarios, while Indemnity Agreements cover general risk transfer situations
• Processing Requirements: The combined agreement needs formal witnessing and stamping, making it more complex but offering greater legal protection