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disclosure agreement (NDA) is a legally binding contract that establishes a confidential relationship. The party or parties signing the agreement agree that sensitive information they may obtain will not be made available to any others.

NDAs, or non-disclosure agreements, are legally enforceable contracts that create a confidential relationship between a person who has sensitive information and a person who will gain access to that information. A confidential relationship means one or both parties has a duty not to share that information.

Exceptions to an NDA a. When the information is public knowledge: ... b. When the recipient receives information from a third party. ... c. When the information is required to be disclosed by any lawful authority. ... d. The information is known to the recipient before signing the NDA (non-disclosure agreement)

Many non-disclosure agreements are illegal and void when they attempt to limit reporting of crime. A non-disclosure agreement or NDA is a legal contract between two parties, like an employer and employee, that prohibits the sharing of information deemed confidential or proprietary.

You do not need a lawyer to create and sign a non-disclosure agreement. However, if the information you are trying to protect is important enough to warrant an NDA, you may want to have the document reviewed by someone with legal expertise.

To be valid, a Non-Disclosure Agreement only needs two signatures ? the disclosing party and the receiving party. It doesn't need to be notarized or filed with any state or local administrative office.