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Real Estate Non Disclosure Agreement for Austria

Real Estate Non Disclosure Agreement Template for Austria

This document is an Austrian law-governed Non-Disclosure Agreement specifically designed for real estate transactions and property-related matters. It establishes confidentiality obligations regarding property information, development plans, financial details, and other sensitive data related to real estate dealings. The agreement complies with Austrian civil law requirements, data protection regulations (including GDPR implementation), and specific real estate transaction laws. It provides comprehensive protection for confidential information while facilitating necessary information sharing during property transactions, development projects, or investment activities.

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What is a Real Estate Non Disclosure Agreement?

This Real Estate Non-Disclosure Agreement is essential for protecting sensitive information during property transactions and developments under Austrian law. It should be used whenever parties need to share confidential information relating to real estate matters, including property valuations, development plans, financial data, tenant information, or investment strategies. The document ensures compliance with Austrian civil law, data protection requirements, and real estate regulations while facilitating necessary information exchange. It's particularly crucial in commercial real estate transactions, property development projects, and investment dealings where significant confidential information needs to be shared between parties. The agreement includes specific provisions for handling property-related data, authorized disclosure parameters, and obligations regarding information security.

What sections should be included in a Real Estate Non Disclosure Agreement?

1. Parties: Identification and details of all parties to the agreement

2. Background: Context of the agreement and relationship between parties

3. Definitions: Detailed definitions of terms, including 'Confidential Information', 'Real Estate Information', 'Permitted Purpose'

4. Scope of Confidential Information: Specific description of what constitutes confidential information in the real estate context

5. Confidentiality Obligations: Core obligations regarding handling and protection of confidential information

6. Permitted Disclosures: Circumstances under which confidential information may be disclosed

7. Data Protection Compliance: Obligations under Austrian Data Protection Act and GDPR

8. Security Measures: Required measures for protecting confidential information

9. Return or Destruction of Information: Obligations regarding confidential information after agreement termination

10. Term and Termination: Duration of the agreement and termination provisions

11. Breach and Remedies: Consequences of breach and available remedies

12. General Provisions: Standard provisions including governing law, jurisdiction, and entire agreement

What sections are optional to include in a Real Estate Non Disclosure Agreement?

1. Real Estate Agent Provisions: Specific provisions when real estate agents are involved in the transaction

2. Third Party Access: Additional provisions for when third party access to information is required (e.g., for due diligence)

3. International Transfer of Information: Required when confidential information may be transferred outside Austria

4. Competing Projects: Provisions regarding involvement in competing real estate projects

5. Press Releases and Public Announcements: Controls on public communications about the real estate matter

6. Insurance Requirements: Specific insurance obligations for handling confidential information

What schedules should be included in a Real Estate Non Disclosure Agreement?

1. Schedule 1 - Description of Real Estate: Detailed description of the real estate property or properties involved

2. Schedule 2 - Authorized Representatives: List of authorized representatives who may access confidential information

3. Schedule 3 - Security Protocols: Detailed security measures and protocols for handling confidential information

4. Schedule 4 - Permitted Purpose Details: Detailed description of the permitted purpose for using confidential information

5. Appendix A - Form of Confidentiality Undertaking: Template for confidentiality undertakings by authorized representatives

6. Appendix B - Data Processing Agreement: Additional agreement for GDPR compliance if required

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Austria

Publisher

Ƶ

Cost

Free to use
Relevant legal definitions




































Clauses


























Relevant Industries

Real Estate

Property Development

Commercial Property

Residential Property

Property Investment

Construction

Hospitality

Retail

Office Space Management

Industrial Property

Healthcare Facilities

Mixed-Use Development

Senior Living Facilities

Student Housing

Data Centers

Relevant Teams

Legal

Real Estate

Compliance

Investment

Property Management

Asset Management

Development

Due Diligence

Valuations

Acquisitions

Portfolio Management

Risk Management

Relevant Roles

Real Estate Manager

Property Development Director

Investment Analyst

Real Estate Agent

Property Consultant

Legal Counsel

Compliance Officer

Due Diligence Specialist

Asset Manager

Facilities Manager

Property Valuation Expert

Real Estate Investment Manager

Development Project Manager

Acquisitions Manager

Portfolio Manager

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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