This Real Estate Non Disclosure Agreement is essential for protecting confidential information exchanged during property transactions in Hong Kong. It is commonly used when parties need to share sensitive information during due diligence, property valuations, negotiations, or potential property investments. The document ensures compliance with Hong Kong's legal requirements, including property laws and privacy regulations, while facilitating necessary information exchange between parties. It covers various types of confidential information including property details, financial data, tenant information, and business strategies. The agreement is particularly important in Hong Kong's dynamic real estate market, where high-value transactions and complex property dealings require robust confidentiality protections.
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1. Parties: Identification of all parties to the agreement, including full legal names and addresses
2. Background: Context of the agreement, including the nature of the real estate transaction or relationship
3. Definitions: Key terms including 'Confidential Information', 'Property', 'Permitted Purpose', and other relevant definitions
4. Scope of Confidential Information: Detailed description of what constitutes confidential information in the real estate context
5. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to professional advisors and as required by law
6. Obligations of Receiving Party: Specific duties to maintain confidentiality and security of information
7. Term and Survival: Duration of confidentiality obligations and which provisions 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 and available remedies
10. Governing Law and Jurisdiction: Specification of Hong Kong law and jurisdiction
1. Data Privacy Compliance: Additional provisions for compliance with Hong Kong's Personal Data (Privacy) Ordinance when personal data is involved
2. Third Party Rights: Provisions regarding rights of third parties under the Contracts (Rights of Third Parties) Ordinance
3. Intellectual Property Rights: Provisions dealing with IP rights in property-related documents or marketing materials
4. Non-Solicitation: Restrictions on soliciting employees or clients, if relevant to the transaction
5. Assignment: Rights and restrictions regarding assignment of the agreement to other parties
6. Force Majeure: Provisions for extraordinary circumstances affecting confidentiality obligations
1. Schedule 1 - Property Details: Specific details of the property or properties covered by the agreement
2. Schedule 2 - Scope of Confidential Information: Detailed list of specific documents and information deemed confidential
3. Schedule 3 - Authorized Representatives: List of individuals authorized to receive and handle confidential information
4. Schedule 4 - Security Measures: Specific security protocols for handling confidential information
5. Appendix A - Form of Acknowledgment: Template for additional parties to acknowledge and agree to confidentiality obligations
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Property Development
Property Management
Financial Services
Investment Banking
Legal Services
Property Technology
Construction
Asset Management
Professional Services
Relevant Teams
Legal
Real Estate
Acquisitions
Investment
Compliance
Risk Management
Asset Management
Property Management
Facilities
Business Development
Operations
Finance
Due Diligence
Relevant Roles
Real Estate Director
Property Manager
Investment Analyst
Legal Counsel
Development Manager
Asset Manager
Acquisition Manager
Real Estate Broker
Property Valuer
Transaction Manager
Compliance Officer
Risk Manager
Portfolio Manager
Facilities Manager
Investment Director
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