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What does Abad stand for in real estate?

AFFILIATED BUSINESS ARRANGEMENT DISCLOSURE \u2013THE ABAD Whenever a real estate agent refers either a homeowner or buyer to a law firm, mortgage company or other associated settlement service, an affiliated business arrangement comes into existence.

What is arrangement disclosure?

The affiliated business arrangement disclosure must describe the business arrangement that exists between the two providers and give the borrower an estimate of the second provider's charges.

affiliated business arrangement disclosure statement

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