Non Disclosure Agreement Property

Non Disclosure Agreement Property Template for Hong Kong

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Key Requirements PROMPT example:

"I need a Non Disclosure Agreement Property for a large-scale residential development project in Hong Kong's New Territories, involving multiple contractors and consultants, with the confidentiality period lasting until March 2025 and specific provisions for sharing architectural plans and financial projections."

Document background

The Non Disclosure Agreement Property is essential for protecting confidential information in Hong Kong's dynamic real estate market. This document is typically used when parties need to share sensitive information during property transactions, development projects, or investment discussions. It covers various types of confidential information including property valuations, development plans, financial projections, tenant information, and commercial strategies. The agreement is specifically tailored to comply with Hong Kong law and addresses unique aspects of property transactions in this jurisdiction. It's particularly important given Hong Kong's position as a major real estate hub, where high-value property transactions and developments require robust confidentiality protections. The document incorporates necessary safeguards while facilitating due diligence processes and commercial negotiations.

Suggested Sections

1. Parties: Identification of all parties to the agreement, including full legal names and registered addresses

2. Background: Context of the agreement, including the property-related purpose for sharing confidential information

3. Definitions: Detailed definitions of key terms, especially 'Confidential Information' in the property context

4. Scope of Confidential Information: Specific details of what constitutes confidential information relating to the property, including documents, plans, financial information, etc.

5. Obligations of Confidentiality: Core confidentiality obligations, including use, storage, and protection of confidential information

6. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to professional advisors or as required by law

7. Term and Survival: Duration of the agreement and which obligations survive termination

8. Return or Destruction of Confidential Information: Requirements for handling confidential information after the agreement ends

9. Breach and Remedies: Consequences of breaching the agreement, including available remedies

10. Governing Law and Jurisdiction: Specification of Hong Kong law as governing law and jurisdiction for disputes

Optional Sections

1. Security Measures: Specific security protocols for protecting confidential information, recommended for high-value properties or sensitive developments

2. Data Privacy Compliance: Additional provisions for compliance with PDPO when personal data is involved

3. Third Party Rights: Provisions regarding rights of third parties under the Contracts (Rights of Third Parties) Ordinance

4. Non-Solicitation: Restrictions on soliciting employees or clients, useful when sharing business-related property information

5. Intellectual Property Rights: Provisions protecting IP rights related to the property, needed when designs, plans, or proprietary information is involved

6. Assignment: Rights and restrictions regarding assignment of the agreement, important for corporate property transactions

Suggested Schedules

1. Schedule 1 - Description of Property: Detailed description of the property or properties covered by the NDA

2. Schedule 2 - Authorised Recipients: List of individuals or roles authorized to receive confidential information

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

4. Appendix A - Form of Confidentiality Undertaking: Template undertaking for authorized recipients to sign

5. Appendix B - Document Return Form: Template form for recording return or destruction of confidential information

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Real Estate

Property Development

Construction

Architecture & Design

Financial Services

Investment Management

Property Management

Commercial Real Estate

Residential Real Estate

Industrial Real Estate

Retail Property

Hospitality

Relevant Teams

Legal

Real Estate

Property Development

Investment

Operations

Finance

Project Management

Facilities Management

Risk Management

Compliance

Corporate Development

Business Development

Relevant Roles

Real Estate Director

Property Development Manager

Investment Analyst

Legal Counsel

Property Manager

Asset Manager

Acquisitions Manager

Development Director

Project Manager

Real Estate Consultant

Investment Director

Facilities Manager

Property Valuation Specialist

Real Estate Investment Manager

Construction Manager

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