Updated 5/2015. 1  Disaster relief volunteer work with the Red Cross. 2  Sometimes seeing the world just is not enough. 3  There is a gnawing need inside, a pull to do more, to have an impact, to make a difference.  Sometimes, it is hard to sit by and just watch the earthquakes, floods, famine and war unfurl on the news.
As a consequence, wise sellers sometimes give the disclosure statement to the buyer even before the deal is made! As soon as an interested buyer is found, the seller presents the disclosures (of course getting the buyer to sign when they were received).
Disclosure is also required when firms file for public offerings. See also full disclosure. A disclosure document explains how a financial product or offering works. It also details the terms to which you must agree in order to buy it or use it, and, in some cases, the risks you assume in making such a purchase.