Clarification Affidavit

Dear Client,

A clarification affidavit may be requested even if the draft agreement can be edited. This is because the organisation may wish to maintain consistency between the executed agreement and its KYC records, or create a formal record explaining any difference in the address mentioned in the agreement and the address appearing in the identity documents. Some organisations follow this practice as part of their internal compliance or record-keeping procedures.

However, if the agreement has not yet been executed, the organisation may instead choose to amend the draft to reflect the desired address, if it is satisfied that there is no legal or compliance issue. Whether to amend the draft or seek a clarification affidavit is a matter of the organisation's internal policy and the nature of the transaction.

You may consult a local advocate experienced in contract and commercial matters, who can review the proposed agreement, the organisation's KYC requirements, and the applicable laws to advise whether a clarification affidavit or amendment of the draft agreement would be appropriate in your case.