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AFFILIATED BUSINESS ARRANGEMENT DISCLOSURE To: ___ From: Century 21 Home Star PROPERTY ADDRESS:___Date: ___ This is to give you notice that Century 21 Home Star has a business relationship with Venture

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How to fill out affiliated business arrangement disclosure

01

Review the affiliated business arrangement disclosure form.

02

Fill out the required information accurately.

03

Make sure all parties involved in the arrangement sign the document.

04

Keep a copy of the disclosure form for your records.

Who needs affiliated business arrangement disclosure?

01

Real estate agents

02

Mortgage brokers

03

Title companies

04

Any other professionals in the real estate industry who have an affiliated business arrangement

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What is affiliated business arrangement disclosure?

Affiliated business arrangement disclosure is a document required by the Real Estate Settlement Procedures Act (RESPA) that discloses any business relationships or affiliations between parties involved in a real estate transaction.

Who is required to file affiliated business arrangement disclosure?

Any party involved in a real estate transaction, such as lenders, real estate agents, or title companies, who have an affiliated business arrangement must file the disclosure.

How to fill out affiliated business arrangement disclosure?

The affiliated business arrangement disclosure form requires the disclosing party to provide detailed information about the nature of the business relationship, the services provided, and any financial benefits received.

What is the purpose of affiliated business arrangement disclosure?

The purpose of affiliated business arrangement disclosure is to inform consumers about any potential conflicts of interest that may exist in a real estate transaction due to business relationships between parties.

What information must be reported on affiliated business arrangement disclosure?

The affiliated business arrangement disclosure must include the names of the parties involved, the nature of the business relationship, the services provided, and any fees or compensation received.

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