Real Estate Non Disclosure Agreement Template for Hong Kong

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Key Requirements PROMPT example:

Real Estate Non Disclosure Agreement

"I need a Real Estate Non Disclosure Agreement governed by Hong Kong law for a large-scale property development project involving multiple investors, contractors, and consultants, with the agreement needing to be in place by March 2025."

Document background

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.

Suggested Sections

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

Optional Sections

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

Suggested Schedules

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

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 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

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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Let's create your Real Estate Non Disclosure Agreement

Authors

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