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Document Id : 8823
File Type : Microsoft Word
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USA Confidentiality and Noncircumvention Agreement for Real Estate Sale
USA real estate brokers, prepare a Confidentiality and Noncircumvention Agreement for a seller with this customizable template.
- This type of Agreement is generally used when property is being transferred as part of a sale of business assets.
- The broker agrees to use the seller's confidential information only in connection with evaluating the property on behalf of its client.
- The broker will not disclose any of the confidential information, and will ensure that its employees, agents and third parties involved with the transaction agree to be bound by the agreement.
- The seller agrees not to circumvent the broker by contacting any potential purchaser introduced by the broker. If the seller breaches this provision, the seller must still pay the broker's fees and commissions with respect to the sale.
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