Get the free Affiliated business arrangement disclosure statement pdf

because of these relationships, the referral of business to any Inter, HomeServices Relocation, LLC, HomeServices Lending, LLC, and HomeServices Disclosure Reports are each wholly owned by HomeServices

How to fill out affiliated business arrangement disclosure

How to fill out affiliated business arrangement disclosure

1. Review the affiliated business arrangement disclosure form provided by the appropriate agency or organization.
2. Include all required information such as the names of the parties involved, nature of the relationship, and any financial arrangements.
3. Ensure that the disclosure form is signed and dated by all parties involved.
4. Submit the completed disclosure form to the appropriate agency or organization within the specified deadline.

Who needs affiliated business arrangement disclosure?

1. Real estate agents and brokers
2. Mortgage brokers and lenders
3. Title companies
4. Appraisers

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What is affiliated business arrangement disclosure?

An affiliated business arrangement disclosure is a statement required by law that informs consumers when a real estate professional has a financial interest in a business that will provide settlement services in a real estate transaction.

Who is required to file affiliated business arrangement disclosure?

Real estate professionals, including agents, brokers, and service providers, who have a direct or indirect ownership interest in companies providing settlement services must file the affiliated business arrangement disclosure.

How to fill out affiliated business arrangement disclosure?

To fill out an affiliated business arrangement disclosure, individuals should include the names and addresses of the companies involved, specify the nature of the affiliation, describe the services provided, and indicate any financial interest held.

What is the purpose of affiliated business arrangement disclosure?

The purpose of the affiliated business arrangement disclosure is to promote transparency in real estate transactions by ensuring that consumers are aware of any business relationships that may affect their choices and costs.

What information must be reported on affiliated business arrangement disclosure?

The disclosure must report the names of the affiliated businesses, the relationship of the parties involved, the services offered, and an estimate of the fees that will be charged by the affiliated businesses.