A form created this year by the Texas REALTORS® helps commercial listing brokers protect their clients’ information when marketing a property. Request for Evaluation Materials and Confidentiality Agreement (TAR 1947) can be used by sellers when delivering evaluation materials about a property to prospects.

The form specifies that the materials provided are only to be used in assessing a possible purchase of property. By signing the form, the prospect agrees to not disclose or distribute the materials to anyone other than the prospect’s broker, counsel, partners, or potential lenders. The form makes clear that the prospect is responsible for making sure those people also keep the information confidential.

The prospect also agrees to not contact any tenant or property management staff about the property. Instead, all inquiries related to the evaluation materials must be made directly
to the broker.

You can find the Request for Evaluation Materials and Confidentiality Agreement form in zipForm and in the Forms section of texasrealestate.com.