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Confidentiality / English starting point

Business sale NDA templates

Free business sale confidentiality agreements in Word and PDF. Compare buyer-seller, listing, buyer-broker and seller-broker NDA forms.

For buyers, owners and brokersUpdated

Document preview

Preview of Buyer and seller NDA
Page 1 of 3

What’s included

  • A mutual private-target agreement signed by buyer and seller
  • A listing confidentiality undertaking signed only by the buyer
  • Separate mutual buyer-broker and seller-broker agreements
  • Permitted use, representative disclosure, return, duration and remedies

Editable Word · PDF

A starting point for the actual deal.

Choose an NDA for the actual relationship before sharing nonpublic business information. A direct buyer-seller discussion, a broker relationship and access to a specific listing are different situations. The four forms below preserve those distinctions, including who signs. They do not create a purchase commitment, brokerage appointment or automatic access to every document.

Generic English edition. Governing law and transaction details require your review.

Choose the right confidentiality agreement

Buyer and seller NDA

Mutual confidentiality for a private acquisition discussion. Buyer and seller both sign.

Listing confidentiality undertaking

A buyer-only undertaking for authorized disclosure of a specific listing. No countersignature is required by this form.

Buyer and broker NDA

Mutual protection for acquisition requirements, capacity and relationship discussions. Separate listing access may still be required.

Seller and broker NDA

Mutual confidentiality while evaluating an advisory relationship. This does not appoint a broker or agree a commission.

How to use this template

  1. Compare the parties and intended use before choosing a form.
  2. Complete the business, information owner, notices and governing-law details.
  3. Confirm which information the owner has authorized for disclosure.
  4. Review and sign the correct agreement before releasing restricted material.

Common questions

Which form should a buyer and seller use directly?

The private-target buyer and seller NDA is intended for their acquisition or investment discussion. Both parties sign. A buyer-broker relationship form serves a different purpose.

Does signing unlock an entire data room?

No. Confidentiality obligations and permission to access particular documents are separate. The information owner still controls which materials may be shared.

Keep the next step in view.

Use the business buying guide for the full process, or review the due diligence guide for deeper checks.

Download the general buyer checklist PDF

These English resources are general starting points. Adapt them to the business, transaction and governing law with your advisers. They are not jurisdiction-specific legal documents or a substitute for professional advice. Free to adapt for your own business or transaction. Redistribution as a template product is not included.