A legally binding contract that can be used to protect confidential information related to a short-term rental business, such as financial data or business strategies.
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Glossary Term: Confidentiality Agreement
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A legally binding contract that creates a confidential relationship between parties, typically used to protect sensitive information shared during business negotiations or transactions. In the context of short-term rentals, NDAs might be used to protect proprietary information related to pricing strategies, guest lists, or marketing techniques.