In general, sellers are looking for higher levels of privacy, but this metric can vary depending on many factors. It`s rare that two NDAs look the same. However, in some situations, at least some, if not all, are linked to more than one NOA. The NDA, which is a prerequisite for access to a virtual data room, is particularly problematic. (VDR is a common acronym for virtual data space, and we supplement the abbreviation NDA with the abbreviation VDR.) Even if there is a carefully studied NOA, the probability that this NOA will meet the standard NDA conditions of the VDR is virtually nil.