Disclosure

Disclosure

To make known or public. By law, a seller of real property must disclose facts that affect the value or desirability of the property. Unless exempt, the seller completes and signs specific disclosure forms, including the Real Estate Transfer Disclosure Statement, to disclose those material facts.

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Part of Speech: noun
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Blossary:
Industry/Domain: Real estate
Category: General
Company: Coldwell Banker
Product:
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Related terms

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Revealing information. Financial statement footnotes are one way of providing necessary disclosures.

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The release or transmittal of previously hidden, confidential or unknown information.

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