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Real Estate Non Compete Agreement
"I need a Real Estate Non-Compete Agreement for my brokerage firm in Florida that prevents agents from working within a 25-mile radius of our offices for 18 months after leaving, specifically protecting our luxury residential property client base and proprietary marketing strategies."
1. Parties: Identification and details of all parties to the agreement
2. Background: Context and purpose of the non-compete agreement
3. Definitions: Key terms used throughout the agreement
4. Scope of Non-Compete: Specific restrictions and limitations on competitive activities
5. Geographic Area: Defined territory where restrictions apply
6. Duration: Time period for which restrictions apply
7. Consideration: Value exchanged for the non-compete agreement
8. Enforcement: Remedies and procedures for breach
9. Governing Law: Applicable jurisdiction and choice of law
1. Confidentiality Provisions: Protection of confidential information - include when sharing of sensitive business information is involved
2. Non-Solicitation: Restrictions on soliciting clients or employees - include when protecting client relationships or workforce
3. Training Compensation: Provisions regarding specialized training costs - include when significant training investment is involved
4. Assignment Rights: Rights to assign the agreement - include when transfer of rights might be needed
1. Schedule A - Geographic Territory: Detailed map or description of restricted area
2. Schedule B - Restricted Activities: Detailed list of prohibited activities
3. Schedule C - Consideration Details: Specific terms of compensation or benefits provided
4. Appendix 1 - State Law Compliance: State-specific provisions and modifications
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