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).
The Truth in Lending Act provides that a lender refinancing a residential property must give the borrower. 1  a copy of the TILA disclosure for the initial loan. 2  nothing, as the law does not apply to refinancing. 3  a new TILA disclosure for the new loan.  a new TILA disclosure only if it is requested.