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Scan Your Non-Disclosure Agreement with AI
A confidentiality agreement that protects sensitive information shared between parties during business discussions, employment, or partnerships. NDAs define what constitutes confidential information, the obligations of the receiving party, and remedies for breach.
Data extracted from your non-disclosure agreement.
Risks detected in your non-disclosure agreement.
Who needs this: Businesses sharing proprietary information with potential partners, investors, or employees. Startups pitching to investors, companies exploring mergers or acquisitions, and freelancers working with sensitive client data all benefit from notarized NDAs.
Non-Disclosure Agreement scanning questions.
Does an NDA need to be notarized?
While not legally required in most cases, notarizing an NDA strengthens its enforceability by proving the parties' identities and voluntary execution. Many businesses prefer notarized NDAs for high-stakes deals.
What is the difference between mutual and unilateral NDAs?
A mutual NDA protects both parties' information, while a unilateral NDA protects only the disclosing party. Our AI identifies the type and verifies the obligations match.
How long does an NDA typically last?
NDA terms commonly range from 1 to 5 years, though some are perpetual. Our AI flags unusual durations and checks that the term is clearly stated.
Can an NDA be notarized remotely?
Yes, ClosingIQ's RON service makes it easy to notarize NDAs with parties in different locations, which is common for business deals.
What does AI check in an NDA?
Our AI verifies the definition of confidential information is clear, checks that obligations and exceptions are balanced, ensures the term is specified, and flags any provisions that courts might find unenforceable.
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