HomeTermsCompareFinance Full DisclosureThe definition for Full Disclosure:In real estate, revealing all the known facts which may affect the decision of a buyer or tenant. A broker must disclose known defects in the property for sale or lease. A builder must give to a potential buyer the facts of his new development (are there adequate school facilities?" sewer facilities? (an airport nearby?, etc.). A broker cannot charge a commission to buyer and seller unless both know (disclosure) and agree. Click to compare definitions of Full Disclosure Click to view definitions beginning fu |