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The Oaks Initiative Notice informs applicants and entities seeking public benefits from the City of Santa Monica about the restrictions imposed by the Oaks Initiative, which prohibits public officials from receiving personal benefits after awarding public contracts or land use approvals exceeding specified amounts. It outlines the requirement for disclosure of individuals associated with entities seeking such benefits and provides a form for compliance.

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What is a disclosure form?

It contains information required to be disclosed by Section 5.008 of the Texas Property Code regarding material facts and the physical condition of the property. Contracts, Forms Applications, Other Forms, Real Estate Sales Agent, Real Estate Broker Individual, Business Entity Broker.

What is the meaning of disclosure form?

What is a Disclosure Form? A disclosure form is a formal document that contains all the terms, conditions, assets, risks, and liabilities associated with a specific contract or agreement.

What is the purpose of a disclosure?

Proper disclosure by corporations makes customers, investors, and analysts aware of pertinent information. Companies often place disclosures that protect them if their financial forecasts change with economic conditions.

What do disclosures mean when buying a house?

Sellers in California must disclose, in writing, a long list of specific types of disclosures, including: A standard disclosure statement that includes anything related to the condition of the property, like HVAC, gutters, appliances, windows, sump pumps, garage doors and more.

What is the purpose of a disclosure document?

Purpose of the disclosure document The disclosure document is supposed to help potential franchisees make a reasonably informed decision about the franchise. The disclosure document must give useful and reliable information about the franchise.