A real estate non-disclosure agreement (NDA) is a legal contract between a buyer or tenant and a seller or landlord that prohibits the buyer or tenant from disclosing confidential information about a property to third parties.
The agreement is typically used when a buyer or tenant is considering purchasing or renting a property, and they need to access sensitive information about the property in order to make a decision.
The NDA ensures that this information is kept private and not shared with anyone else without the seller or landlord's permission. The NDA typically includes details about what types of information are considered confidential, how long the confidentiality agreement will remain in effect, and any other relevant information.
It is a legally binding document and can be used in court to enforce the terms of the agreement if necessary.
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