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Assets and wealth of candidates

5 questions in this topic · 120 total across all FAQ topics.

Assets and wealth of candidates

108Do candidates need to disclose their assets?+

Yes. Candidates must disclose their assets in their affidavit.

109What types of assets must be declared?+

Assets may include:

  • Land and property
  • Vehicles
  • Bank deposits
  • Investments
  • Jewelry and valuables
110Do candidates have to declare spouse and dependent assets?+

Yes. Assets of spouses and dependents must also be disclosed.

111Why is asset disclosure important in elections?+

It helps voters understand the financial background of candidates.

112Can voters compare assets of candidates across elections?+

Yes. Comparing affidavits across elections helps track wealth changes.

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