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TRID AND DISCLOSING INFORMATION
This gives the parties associated with the transaction the authority to release documents necessary to facilitate the closing. With consumer privacy concerns and potential related liability, this is necessary to protect all parties in disclosing certain potentially confidential information (including settlement statements) necessary to close the transaction.
Authorization to Disclose Information: Buyer and Seller each authorize the release of (1) this Agreement to appraisers employed by the Buyer or Buyer’s lender and (2) any closing disclosures, settlement statements and disbursement summaries to all parties associated with the transaction. Further, Buyer and Seller authorize lenders associated with the transaction and closing attorneys/ title companies (in their sole discretion), to release closing documents, other documents and/or information related to or arising out of the transaction, to the other parties to this Agreement and third parties related to the transaction contemplated by this Agreement, including but not limited to, underwriters, appraisers, insurance providers, homeowner’s associations, etc.