Loanfactz Definitions
Glossary of Legal Terms, Loan Terms and Home Construction, Repair and Maintenance Definitions. Some words have more than one meaning. Only those meanings relating to this site will be used.
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Disclosure
Information that must be released to you about your financial dealings that is required by law, such as terms, fees, finance charges and conditions associated with a loan or credit card agreement, etc., or, in real estate, the seller revealing information about a property to a potential buyer which may affect the decision of the buyer, example, defects in the property such as the presence of radon (a toxic gas found in the soil beneath a house that, if occurring in strong enough concentrations, can cause health problems) or lead paint, etc.
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