This Commercial Real Estate Non Disclosure Agreement is essential for protecting confidential information exchanged during commercial property transactions in the United Arab Emirates. It is commonly used when parties are exploring potential real estate deals, conducting due diligence, or engaging in property development discussions. The document ensures compliance with UAE federal laws, including UAE Federal Law No. 5 of 1985 (Civil Code) and relevant emirate-specific property regulations. It covers various aspects of confidentiality including property valuations, financial data, development plans, market analysis, and proprietary information. The agreement is particularly important in the UAE's dynamic real estate market where high-value commercial transactions often involve multiple international stakeholders and require robust confidentiality protections.
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1. Parties: Identification of all parties including full legal names, licenses, and registered addresses as per UAE requirements
2. Background: Context of the real estate transaction and purpose of the NDA
3. Definitions: Define key terms including 'Confidential Information', 'Property', 'Permitted Purpose', and 'Representatives'
4. Scope of Confidential Information: Detailed description of what constitutes confidential information in the real estate context
5. Confidentiality Obligations: Core obligations regarding use, disclosure, and protection of confidential information
6. Permitted Disclosures: Circumstances under which confidential information may be disclosed
7. Security Measures: Required measures for protecting confidential information
8. Return or Destruction of Information: Obligations regarding confidential information upon termination or request
9. Duration and Survival: Term of the agreement and surviving obligations
10. Breach and Remedies: Consequences of breach and available remedies including injunctive relief
11. Governing Law and Jurisdiction: Specification of UAE law and jurisdiction
12. General Provisions: Standard clauses including severability, amendments, and notices
1. Real Estate Agent Provisions: Additional provisions when real estate agents are involved in the transaction
2. Digital Data Protection: Specific provisions for protecting digital information and data room access
3. Third Party Rights: Provisions regarding rights of third parties to enforce terms
4. Marketing Restrictions: Specific restrictions on using property information for marketing purposes
5. Competing Projects: Restrictions on involvement with competing properties
6. Translation Clause: Clause specifying which language prevails in case of discrepancy between Arabic and English versions
1. Schedule 1 - Property Details: Detailed description of the property including title deed information
2. Schedule 2 - Authorized Representatives: List of authorized representatives who may access confidential information
3. Schedule 3 - Specific Confidential Information: Detailed list of specific documents and information deemed confidential
4. Schedule 4 - Security Protocols: Detailed security measures and protocols for handling confidential information
5. Appendix A - Form of Acknowledgment: Template for additional parties to acknowledge and agree to the NDA terms
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Commercial Property
Property Development
Construction
Banking & Finance
Investment Management
Property Management
Facilities Management
Professional Services
Architecture & Design
Legal Services
Investment Banking
Insurance
Relevant Teams
Legal
Real Estate
Investment
Asset Management
Property Management
Business Development
Finance
Risk & Compliance
Operations
Facilities Management
Strategy
Acquisitions
Development
Valuations
Relevant Roles
Real Estate Director
Property Manager
Investment Manager
Chief Investment Officer
Real Estate Analyst
Development Manager
Asset Manager
Acquisitions Manager
Legal Counsel
Commercial Director
Facilities Manager
Real Estate Partner
Investment Banker
Property Valuation Specialist
Real Estate Broker
Construction Manager
Project Director
Chief Financial Officer
Risk Manager
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