Is the property transfer affidavit considered confidential information?

The property transfer affidavit is not considered confidential information because it serves an important function in maintaining transparency in real estate transactions. The information contained in these affidavits, which typically includes details about the sale of property, the parties involved, and the purchase price, is generally public information.

This public accessibility allows for accurate property assessments, equitable taxation, and the efficient operation of the real estate market. By making these records open to the public, local governments ensure that the data can be verified, aiding in the enforcement of laws and regulations related to property ownership and taxation.

While some jurisdictions may have specific privacy regulations in place concerning certain data, the fundamental purpose of property transfer affidavits is to inform the public and relevant authorities about real estate transactions, thereby reinforcing the principle of public disclosure in property matters.