What is a disclosure statement?

A Disclosure Statement is an official document forming part of the list of documents issued by the person, an organization, or the government, containing vital and relevant information. The purpose of a Disclosure Statement is to create transparency in the communication of subject matter for a corporation to the public.

What is a disclosure statement for a retirement plan?

A disclosure statement is a financial document given to a participant in a transaction explaining key information in plain language. Disclosure statements for retirement plans must clearly spell out who contributes to the plan, contribution limits, penalties, and tax status.

What is a seller disclosure form?

A seller disclosure form or statement is a simple document where the seller clearly acknowledges any existing defaults or damages to the property before a buyer purchases it.