In the absence of a partnership agreement, which document is needed from a general partner when insuring title involving partnership property?

When insuring title involving partnership property in the absence of a partnership agreement, a Partner Affidavit is crucial. This document serves as a declaration from a general partner, confirming their authority to act on behalf of the partnership in matters relating to the property. The Partner Affidavit typically provides essential information such as the status of the partnership, the partners involved, and the general partner's authority to make decisions regarding the property.

This affidavit is necessary because title insurers require assurance that the individual signing the insurance documents has the proper authority to bind the partnership to agreements concerning the property. Without a formal partnership agreement, there may be ambiguity regarding the rights and roles of the partners, hence the need for a specific affidavit to clarify these points and mitigate risks associated with title insurance.

The other options do not fulfill the requirement as effectively. A Partnership Agreement, while helpful, is not available in this scenario, as the question states its absence. A General Affidavit, although related, does not specifically cater to the needs of a partnership's property rights and authority issues. A Corporate Resolution is relevant for corporate entities rather than partnerships and would not apply in this context. Thus, the Partner Affidavit is the appropriate and necessary document when engaging with title insurance for partnership