A disclosure is a statement or appendix to a sales contract that discloses information about the property. As a general rule, disclosure is only appropriate if required by local, national or federal law. The document is needed at some point if you are buying one property from another. This is a legal form that you will eventually come across during the home buying process. When buying a home, there are countless steps in the process, all of which pass before the simple sales contract template can be filled in with the information the document needs. First, you need to work with a broker to find the desired home (a process that can take weeks or months, depending on what you`re looking for and what real estate is available). Then begins the complex negotiation process, during which you make a counter-offer to the seller`s initial price. The seller must be able to prove that he actually owns the ownership of the apartment…