Non-Circumvent Non-Disclosure Agreement
In order to access information about confidential listings, every party involved will need to sign a non-disclosure agreement. There are many reasons why a seller might want an NDA signed prior to any discussions.
- They don’t want employees / customers to know that the business is being marketed
- Tenants don’t want have their business disturbed while the building is being sold
- The seller may have control of the building through unconventional means – purchase agreement, option to purchase, lease, etc
Whatever the reason a seller wants information about a sale to remain confidential – PLEASE RESPECT THAT. Don’t go to the business, visit tenants, or contact other parties directly until given explicit permission.