Allocation of costs is the transfer of costs from one cost item to one or more other cost items. Allowance - a value in an estimate to cover the cost of known but not yet fully defined work. As-sold estimate - the estimate which matches the agreed items and price for the project scope. B
Arbitrator Disclosure. Arbitrator disclosure is the cornerstone of FINRA arbitration, and the arbitrator's duty to disclose is continuous and imperative.
A. The creditor may prepare and deliver the Closing Disclosure to the consumer. The settlement agent may also deliver the Closing Disclosure, provided it complies with all requirements of Â§12 CFR 1026.19(f) as if it were the creditor. The lender and settlement agent may also agree to divide the responsibility.