CONFIDENTIALITY AGREEMENT
This Confidentiality Agreement ("Agreement") is made effective as of __________, by and between __________ ("Disclosing Party") and __________ ("Receiving Party").
1. Confidential Information
All information concerning the property located at __________, including but not limited to financial records, tenant information, maintenance records, and valuation data shall be considered confidential ("Confidential Information").
2. Obligations
Receiving Party agrees to:
- Maintain confidentiality of all information for a period of 5 years
- Not disclose information to third parties without written consent
- Use information solely for evaluating the potential purchase
3. Property Information Request
The Receiving Party requests the following information about the subject property:
- Current title report and survey
- Three years of operating statements
- Current rent roll with lease terms
- Environmental reports (if any)
- List of capital improvements (last 5 years)
4. General Property Questions
- What is the motivation for selling?
- Are there any pending legal actions affecting the property?
- What is the current occupancy rate and average lease duration?
- Are there any planned special assessments?
- What are the annual property tax obligations?
5. Governing Law
This Agreement shall be governed by the laws of the State of __________.
DISCLOSING PARTY: _________________________ Date: __________
RECEIVING PARTY: _________________________ Date: __________
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