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A franchise disclosure document (FDD) is a legal document which is presented to prospective buyers of franchises in the pre-sale disclosure process in the United States.It was originally known as the Uniform Franchise Offering Circular (UFOC) (or uniform franchise disclosure document), prior to revisions made by the Federal Trade Commission in July 2007.
HUD-1 Settlement Statement. The HUD-1 Settlement Statement is a standardized mortgage lending form in use in the United States of America on which creditors or their closing agents itemize all charges imposed on buyers and sellers in consumer credit mortgage transactions.
A closing disclosure is a set of documents that contains the finalized details of your mortgage. Mortgage lenders are required to furnish the closing disclosure at least three business days before ...
A franchise agreement is a legal, binding contract between a franchisor and franchisee. In the United States franchise agreements are enforced at the State level.. Prior to a franchisee signing a contract, the US Federal Trade Commission regulates information disclosures under the authority of The Franchise Rule. [1]
List of closing documents Closing disclosure. The closing disclosure contains all of the details of your mortgage, including an itemized list of closing costs. It’s similar to the loan estimate ...
When you receive your Closing Disclosure from your lender, knowing how to … Continue reading → The post What Is a Closing Disclosure? appeared first on SmartAsset Blog.
In the United States, a seller disclosure statement is a form disclosing the seller's knowledge of the condition of the property. The seller disclosure notice or statement is anecdotal and does not serve as a substitute for any inspections or warranties the purchaser may wish to obtain. It also does not serve as a warranty of any kind. [1]
The FTC requires that the franchisee be furnished with a Franchise Disclosure Document (FDD) by the franchisor at least fourteen days before money changes hands or a franchise agreement is signed. [66] Whereas elements of the disclosure may be available from third parties, only that provided by the franchisor can be depended upon.