CONFIDENTIALITY & NON-DISCLOSURE AGREEMENT
LANDMARK COMMERCIAL LTD is a brokerage firm that matches Buyers and Sellers
of Businesses & Real Estate. We are obligated to treat all parties with
honesty, but as an agent or subagent of the Seller our fiduciary obligation is
to that party and our dissemination of
sensitive information is limited to those who submit a non-disclosure agreement (this
document) and agree to show evidence of financial qualification to consummate a
transaction.
In
consideration of LANDMARK COMMERCIAL LTD providing information regarding the
potential purchase of a Business and/or Real Estate, the undersigned agree
that:
1.
Any and all information exchanged or disclosed in connection with a
specific Seller, Business, or Property shall be treated as confidential,
including any such information obtained prior to the date of this agreement.
Information, as described herein, shall include the name of the Business or Real
Estate, the location, the ownership, the fact that it is for sale, and any other
related data.
2.
No contact will be made with any employee, supplier, contractor,
customer, or owner of the respective Business or Real Estate, without the
express consent of LANDMARK COMMERCIAL LTD.
3.
No third party disclosures shall be made by signers of this agreement,
except to business, legal, or financial advisors, in which event the signers
shall request their agreement to maintain confidentiality.
4.
An individual signing for a partnership, corporation, LLC, etc., shall do
so with the full authority to bind those he/she represents to the terms of this
agreement.
5.
All inquires correspondence, negotiations, offers, etc., relating to a
purchase or lease will be presented through LANDMARK COMMERCIAL LTD.
6.
LANDMARK COMMERCIAL LTD is not responsible for the verification or
accuracy of disseminated Information. Parties entering into a contract for the
purchase or lease of business assets or real property agree to rely on their own
independent verifications and due diligence to determine the accuracy of all
information. It is expressly agreed to indemnify and hold harmless LANDMARK
COMMERCIAL LTD and its Agents from all claims and damages for all decisions to
enter into a contract based on the accuracy, completeness, or lack thereof, of
any and all information.
7. The party
or parties hereto, as a result of this Agreement and related discussions,
negotiations, disclosures, etc., shall have NO obligation to reach any
agreement, NO obligation to execute a contract, and NO limitation on becoming
involved with others for the purpose of leasing or purchasing other businesses
or real estate. But, If no transaction occurs the party or parties hereto agree
to promptly return all related materials received from the Seller or from
LANDMARK COMMERCIAL LTD.
8.
The party or parties hereto and those they represent or with whom
information is shared in accordance with this Agreement, acknowledge and confirm
that any negotiations to procure a business or real property listed below, or
added at a later date, shall be done through
Landmark Commercial Ltd, and that
Landmark Commercial Ltd shall be
recognized as the agent or sub-agent of the Seller for any completed purchase
transaction during the listing period or within two years thereafter. I
understand if I interfere in any way with LANDMARK COMMERCIAL LTD’S contractual
right to a fee from the Seller, that I may be personally liable for that fee.
The individual
providing the data below and submitting this
CONFIDENTIALITY & NON-DISCLOSURE AGREEMENT
states, without reservation, that
it has been
read and understood, and agrees to comply with its terms and conditions: