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Relationship Disclosure Form

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RELATIONSHIP DISCLOSURE FORM

Parties

First Party Name:

Second Party Name:

Recitals

WHEREAS, the First Party and the Second Party desire to identify and disclose any personal, financial or business relationships or affiliations that may give rise to a conflict of interest or influence the performance of services or obligations under any agreement between them; and

WHEREAS, the parties seek to set forth the scope, disclosures, mitigation measures, and contractual protections applicable to any disclosed relationship to ensure transparent and lawful dealings; and

WHEREAS, the parties intend for this Relationship Disclosure Form to be relied upon by each party and incorporated into any related business agreement to the extent provided herein.

Disclosure of Relationship

The parties hereby disclose the existence and nature of the relationship(s) described below. Each party affirms that the information provided is complete and accurate to the best of its knowledge. Check all that apply:

Scope of Work

The parties acknowledge that any services, deliverables or obligations performed in connection with the disclosed relationship shall be governed by the terms set forth below and in any separate agreement. Provide a concise description of the scope of work or engagement to which this disclosure relates.

Payment Terms

The parties shall specify any consideration exchanged in connection with the engagement and acknowledge whether such payments are impacted by the disclosed relationship.

Term and Termination

This disclosure and any obligations arising hereunder commence and terminate as set forth below unless earlier terminated in accordance with the termination provisions.

Effective Date:    Termination Date:

Confidentiality

Each party acknowledges that information regarding the disclosed relationship may be Confidential Information. "Confidential Information" means non-public information disclosed by one party to the other that is designated confidential or that reasonably should be understood to be confidential. Each receiving party shall:

  • Use Confidential Information only for the purposes of performing obligations under the scope of work;
  • Restrict disclosure to employees, contractors or agents with a need to know and who are bound by confidentiality obligations at least as protective as those herein;
  • Take commercially reasonable measures to protect Confidential Information from unauthorized disclosure.

Mitigation and Remedies

Where a disclosed relationship creates or may create the appearance of bias or an actual conflict of interest, the parties agree to take reasonable mitigation steps including, but not limited to: disclosure to affected third parties, recusal from decision-making, independent review, or termination of the engagement. Remedies for breach may include injunctive relief, recovery of damages and termination of the engagement.

Governing Law

This Relationship Disclosure Form and any dispute arising out of or related to it shall be governed by and construed in accordance with the laws of the state specified below, without regard to conflict-of-law rules.

Entire Agreement

This form, together with any attachments and any separate written agreement expressly incorporated by reference, constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior oral or written representations, understandings, or agreements. No amendment will be effective unless in writing and signed by both parties.

Certifications and Acknowledgements

Each party certifies that the disclosures made in this form are true, complete and made in good faith. Each party agrees to promptly supplement this disclosure if materially new information arises. False statements or omissions may constitute a breach and give rise to remedies under law or equity.

First Party - Printed Name:

By:

Date:

Second Party - Printed Name:

By:

Date:

Enter text✕

What the Relationship Disclosure Form Covers

A Relationship Disclosure Form is a formal written record used to disclose the existence and nature of relationships that could affect objectivity, duties, or financial interests between parties. Commonly used in real estate, legal, financial, and healthcare contexts, it documents parties, role(s), monetary interests, duration, and any potential conflicts so recipients can evaluate disclosures and preserve compliance with professional, regulatory, or contractual obligations.

Why a Clear Disclosure Matters

Completing a Relationship Disclosure Form reduces misunderstandings, documents consent and conflicts, and creates an auditable record for regulators or counterparties. It supports transparency, helps satisfy statutory or professional duties, and can limit later disputes by recording the parties' knowledge and acceptance of disclosed relationships.

Why a Clear Disclosure Matters

Who Typically Completes a Disclosure

Use the form whenever a relationship could influence decision-making, whenever a regulator or counterparty requests it, or when internal policy mandates disclosure.

  • Real estate professionals — disclose agency relationships, buyer/seller referrals, and compensation arrangements during listings and closings.
  • Legal and compliance teams — record attorney-client exceptions, referral fees, and any outside business interests that could affect representation.
  • Financial services and advisors — report advisory relationships, ownership stakes, or referral compensation tied to investment or lending decisions.

Core Elements to Include in a Professional Disclosure

A complete Relationship Disclosure Form is concise but comprehensive: it names parties, explains the relationship, quantifies financial interest where applicable, records duration and effective dates, specifies any mitigation or remedies, and captures signatures with dates.

Parties Identified

Full legal names and roles of all individuals and entities involved, with contact details for verification and follow-up.

Nature of Relationship

Clear description of the relationship type (employment, referral, ownership, family, advisory, creditor/debtor) and how it relates to the transaction or matter.

Financial Interests

Quantify payments, ownership percentages, referral fees, or other compensation so reviewers can assess materiality.

Duration

Effective date, expected end date, and any conditions that terminate or renew the disclosed relationship.

Conflicts & Remedies

Any steps taken to mitigate conflicts (recusal, disclosures to third parties, escrow arrangements) and reference to governing policy.

Signatures & Dates

Signature blocks for all parties and a dated acceptance line confirming that the disclosure is accurate and received.

Required Information at a Glance

Full Legal Name: Exact name as on ID
Role or Title: Official position or capacity
Entity Name: Company or organization name
Relationship Type: Employment, ownership, referral
Monetary Interest: Dollar amount or percentage
Contact Information: Phone, email, and mailing address

Step-by-Step: Completing and Submitting the Form

Follow these sequential steps to assemble, validate, and deliver a compliant disclosure form.

  • 01
    Gather Documentation: Collect IDs, contracts, and financial statements that support the disclosure.
  • 02
    Complete Fields: Enter names, dates, and monetary amounts per the fillable fields guidance.
  • 03
    Review Internally: Have legal or compliance review for conflicts or missing items.
  • 04
    Sign and Distribute: Obtain signatures, date the form, and send copies to required recipients.

Online Form Configuration Options

Configure the online workflow to match your required authentication, routing, and storage preferences before sending the form for signature.

Field Configuration
Authentication Method Email link; optional SMS one-time code
Signing Order Sequential or parallel routing per role
Required Fields Enforcement Make key fields mandatory to prevent incomplete submissions
Storage Location Save to cloud folder or local archive

How to Route, File, and Send the Completed Form

A clear routing plan ensures disclosures reach the right recipients and are retained with the appropriate audit trail.

  • Upload: Add the completed form to your signing platform or document repository.
  • Assign Signers: Designate signer roles and the sequence if needed.
  • Authenticate: Use the chosen authentication method before allowing signature.
  • Distribute: Send signed copies to parties and store a certified copy.

Distribution Methods and Technical Considerations

Ensure the platform records an audit trail (IP, timestamp, action log) and supports secure storage consistent with regulatory obligations.

  • Integrations: Salesforce, NetSuite, Google Workspace
  • File Formats: PDF or DOCX; preserve original layout
  • Access Controls: Password protection and role-based access

Timelines, Deadlines, and Typical Turnaround

Timeframes depend on context: internal policy, regulatory requests, or transaction schedules. Plan for review and possible follow-up.

Provide on Request:

When requested by a payer or counterparty, supply disclosure promptly; some information requests affect tax reporting obligations.

Before Closing:

For transactions, deliver disclosures according to contract milestones, typically prior to signing or closing.

Update Within 30 Days:

Amend the form generally within 30 days of material changes unless policy specifies otherwise.

Tax Reporting Impact:

A missing TIN or inaccurate disclosure can trigger backup withholding at 24% under IRS rules.

Retain Signed Copy:

Keep an executed copy per retention rules and organizational policy for audit purposes.

Common Mistakes to Avoid

  • Omitting precise monetary amounts or describing compensation in vague terms such as 'market rate' without specifics.
  • Using inconsistent names or abbreviations that do not match government IDs or corporate registrations.
  • Failing to record effective dates and durations, which creates ambiguity about when duties or restrictions apply.
  • Distributing unsigned or partially signed copies that leave the disclosure legally incomplete or unenforceable.

Potential Consequences of Incomplete or Incorrect Disclosures

Tax Consequences: Backup withholding and reporting penalties
Regulatory Fines: Civil penalties under applicable statutes
Contractual Liability: Claims for nondisclosure or misrepresentation
Professional Discipline: Ethics sanctions or license actions
Privacy Breach: Unauthorized data exposure or HIPAA issues
Reputational Harm: Loss of trust with clients or partners

Real-World Uses and Customer Examples

Organizations use an online disclosure workflow to centralize relationship records and capture consistent signatures across remote participants.

Optica Ventures LLC — Brian Fitzgibbons

Optica centralized partner disclosures into a single online workflow to reduce manual follow-up and improve consistency.

  • "The interface is simple and easy-to-use for our team; more importantly, it is just as easy for our customers."
  • Centralization delivered faster turnaround, an auditable record of receipt, and fewer incomplete disclosures across deals, supporting compliance and stronger counterparty confidence.

Martin Properties — Tim Martin

A property manager implemented online disclosures to capture agency relationships during leasing and sales transactions.

  • "I can process and execute all of these documents online with 100% compliance and built-in security."
  • The solution reduced in-person meetings, preserved signed records for audits, and enabled mobile signing for remote tenants and buyers while maintaining consistent documentation.

Typical eSignature Pricing and Feature Comparison

Compare common vendor starting prices and core feature availability for routine disclosure workflows; signNow appears first in the table per standard placement.

signNow DocuSign Adobe Sign PandaDoc HelloSign
Starting Price $8/user/mo $15/user/mo $14/user/mo $19/user/mo $15/user/mo
Free Trial 7-day free trial Yes Yes Yes Yes
Bulk Send Yes Yes Yes Yes No
Audit Trail Yes Yes Yes Yes Yes
HIPAA Compliant Yes Yes Yes No No
Envelope Cap No cap 100 envelopes/user/year Varies by plan Varies by plan Varies by plan

Frequently Asked Questions and Troubleshooting

Answers to common questions about legal validity, notarization, privacy, corrections, and rejected submissions for Relationship Disclosure Forms.


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