Can I offer to sell my house to someone and have them keep the offer confidential?

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Can I offer to sell my house to someone and have them keep the offer confidential?

A church bought a property next to mine and to my neighbors’ dismay I hear they are

looking to expand. I’d be interested in seeing if they want to buy my house but I know my neighbors would be upset about it. Can I propose the sale with some sort of agreement that they can’t talk about the offer regardless of if they accept it or not?

Asked on April 24, 2016 under Real Estate Law, Illinois

Answers:

SJZ, Member, New York Bar / FreeAdvice Contributing Attorney

Answered 7 years ago | Contributor

Absolutely--it is legal for people, businesses, or other entitites to agree to keep negotiations or transactions confidential. (Of course, if the sale goes through, then the sale is public to anyone who chooses to look it up at the county office.) Have them sign a confidentiality agreement first, before getting into negotiations.


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