Disclosure Statement

A Disclosure Statement is a document that provides important information about a product, service, or investment. Its purpose is to disclose critical details that help consumers make informed decisions. This may include risks, fees, terms, and any potential conflicts of interest. In real estate, for instance, sellers may disclose property issues to buyers. By openly sharing this information, a Disclosure Statement promotes transparency and protects consumers from unexpected surprises or disputes in the future. Overall, it ensures that individuals are aware of what they are engaging in before making a commitment.