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AFFILIATED BUSINESS ARRANGEMENT DISCLOSURE STATEMENT To: From:Powered by Place (Real Estate Team)Property: Date: This is to give you notice that the Real Estate Team and its affiliated real estate

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What is what is an affiliated?

An affiliated entity refers to a business or organization that is connected to another entity through common ownership or control.

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Organizations or businesses that have affiliation with other entities, typically those required by regulatory authorities or tax agencies, must file the necessary documentation.

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The purpose of reporting on affiliated entities is to ensure transparency and regulatory compliance, as well as to provide a clear picture of the financial relationships between businesses.

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Information that must be reported typically includes the names and addresses of affiliated entities, the nature of the affiliation, ownership stakes, and any transactions between the entities.

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