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Asset Confirmation Letter
"I need an Asset Confirmation Letter for my Singapore-based investment portfolio containing stocks and bonds, to be submitted to DBS Bank for a loan application by March 2025."
1. Asset Details: Precise description and identification of the assets being confirmed, including any relevant registration numbers, serial numbers, or unique identifiers
2. Ownership Declaration: Clear statement confirming ownership or rights over the assets, including the duration of ownership and method of acquisition
3. Value Statement: Current value or valuation of the assets, including the date of valuation and method used for valuation if applicable
4. Purpose Statement: Specific reason for issuing the confirmation letter and intended use of the document
5. Date and Execution: Formal date of confirmation and signature block for authorized signatories
1. Encumbrances Declaration: Statement declaring any existing liens, charges, or encumbrances on the assets, or confirmation that assets are free from encumbrances
2. Third Party Rights: Declaration of any third-party interests, claims, or rights over the assets
3. Regulatory Compliance: Confirmation of compliance with relevant regulations and laws governing the assets
4. Authority to Confirm: Statement confirming the authority of the signatory to make the confirmation on behalf of the entity
1. Schedule A - Detailed Asset List: Comprehensive listing of all assets being confirmed, including specific details and characteristics of each asset
2. Schedule B - Valuation Reports: Attached valuation certificates or reports from qualified valuers, if applicable
3. Schedule C - Supporting Documents: Copies of relevant ownership certificates, registration documents, and other supporting evidence
4. Schedule D - Regulatory Certificates: Copies of relevant regulatory approvals or certificates, where applicable
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