Affiliated Business Arrangement Disclosure Statement
This is to give you notice that Jim Huff Realty, Inc. (Kentucky) and Huff-Drees Realty, Inc. (Ohio) both doing business as HUFF Realty (together, “HUFF Realty”), HomeServices Relocation, LLC, HomeServices Lending, LLC, Traditions Title Agency, LLC doing business in Ohio as HUFF Realty Title (“HUFF Realty Title”), Edina Realty Title, Inc. doing business in Kentucky as HomeServices Title, Inc. (“HomeServices Title, Inc.”) and HUFF Realty Insurance, LLC are part of a family of companies (the “Affiliated Companies”), and each may refer to you the services of another. Jim Huff Realty, Inc., Huff-Drees Realty, Inc., HomeServices Relocation, LLC, HomeServices Lending, LLC, and HomeServices Title, Inc. are each wholly owned by HomeServices of America, Inc. (“HSoA”), either directly or through one or more subsidiaries. HUFF Realty Title is owned 49.9% by Jim Huff Realty, Inc. HUFF Realty Insurance, LLC is owned 50% by HomeServices Insurance, Inc. (“HSI”), a wholly-owned direct subsidiary of HSoA. Because of these relationships, the referral of a customer (including you) by any of the Affiliated Companies to another may provide the referring company, its affiliates, and/or their employees with a financial or other benefit.
In addition, while HUFF Realty is not affiliated with HMS Home Warranty (“HMS”), it does have a contractual relationship with HMS pursuant to which HUFF Realty advertises and promotes HMS for a fixed service fee.
Set forth below is the estimated charge or range of charges for each of the services listed. You are NOT required to use any of these service providers as a condition of the sale of the subject property or to obtain access to any settlement service.
THERE ARE FREQUENTLY OTHER SETTLEMENT SERVICE PROVIDERS AVAILABLE WITH SIMILAR SERVICES. YOU ARE FREE TO SHOP AROUND TO DETERMINE THAT YOU ARE RECEIVING THE BEST SERVICES AND THE BEST RATE FOR THESE SERVICES.
ACKNOWLEDGEMENT: I/we have read this disclosure form, and understand that the Affiliated Companies may refer me/us to purchase the above-described settlement service(s) from one another and that any such referrals may provide the referring company, its affiliates, and/or their employees with a financial or other benefit.
Signature _______________________________________________ (Date) Signature _______________________________________________ (Date)
*HUFF Realty Insurance, LLC is an affiliate of HomeServices Insurance, Inc. (“HSI”), a wholly owned subsidiary of HSoA. In rare cases, your insurance policy may instead be issued by another of HSI’s affiliated companies or under one of its trade names. HSI’s affiliates include Edina Realty Insurance, LLC, HomeServices Insurance Agency, LLC and Reece & Nichols Insurance, LLC, each wholly owned by HSI; and several joint ventures in which HSI has a 50% ownership interest: CBSHOME Insurance, LLC, Connecticut Insurance Services, L.L.C., H N Insurance Services, LLC, HomeServices of Kentucky, LLC dba HomeServices Kentuckiana Insurance, HomeServices of Nebraska Insurance, LLC, and Huff Realty Insurance, LLC. HSI’s trade names include: Fort Dearborn Insurance Agency, HomeServices Insurance Agency, Inc., HomeServices Insurance Georgia, HomeServices Insurance Maryland, InsuranceSouth and Long Insurance Group.