Disclosure forms are documents that provide information about a particular product, service or situation. They contain details such as risks, fees and other relevant facts that an individual should know before making a decision to purchase or participating in something. Disclosure forms can be used by businesses, organizations or individuals who want to ensure transparency and full disclosure of information to potential customers or clients. The purpose is to protect both parties from any misunderstandings or unforeseen circumstances that may arise due to lack of knowledge about the product or service.