ORION REAL ESTATE
630
First Street South
Waite Park, MN 56387
320.251.1177
Q: What is a letter of confidentiality?
A: When selling a business it oftentimes is critical to maintain confidentiality.
The seller needs assurances from the buyer that they will not disclose certain
information to outside parties that could adversely affect the seller’s business.
We require buyers to sign this in nearly all transactions knowing that financial
information is very sensitive. For obvious reasons, financial information
is made available only to qualified and serious buyers and not to the general
public.
If you have questions about buying or selling a business or other commercial
real estate, please don’t hesitate to contact us at any time.
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