This Non Disclosure Agreement Property document is specifically designed for use in the Philippines real estate and property sector, where protecting confidential information during property transactions, developments, or investments is crucial. The agreement is structured to comply with Philippine law, including the Civil Code of the Philippines, Data Privacy Act, and relevant property legislation. It should be used whenever parties need to share sensitive information related to property matters, such as during due diligence, property valuations, development planning, or investment negotiations. The document includes comprehensive provisions for protecting various types of confidential information, from property specifications and valuations to development strategies and proprietary business information. It is particularly important in the Philippine context where property transactions often involve multiple stakeholders and may be subject to specific ownership restrictions and regulatory requirements.
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1. Parties: Identifies and defines the parties entering into the NDA, including their legal names, addresses, and company details if applicable
2. Background: Explains the context of the agreement, the property-related matter requiring confidentiality, and the purpose of sharing confidential information
3. Definitions: Defines key terms used in the agreement, including 'Confidential Information', 'Property', 'Permitted Purpose', and other relevant terms
4. Scope of Confidential Information: Specifies what information is considered confidential, particularly relating to the property and associated business matters
5. Obligations of Confidentiality: Details the recipient's duties to maintain confidentiality and permitted uses of the confidential information
6. Property-Specific Provisions: Addresses specific confidentiality requirements related to the property, including property details, valuations, and related documents
7. Term and Survival: Specifies the duration of the confidentiality obligations and which provisions survive termination
8. Return or Destruction of Confidential Information: Requirements for handling confidential information after the agreement ends or upon request
9. Breach and Remedies: Outlines the consequences of breaching the agreement and available legal remedies
10. Governing Law and Jurisdiction: Specifies Philippine law as governing law and defines jurisdiction for dispute resolution
1. Permitted Disclosures: Used when certain disclosures to third parties (like professional advisors) need to be explicitly permitted
2. Data Privacy Compliance: Include when personal data processing is involved, ensuring compliance with the Data Privacy Act
3. Electronic Storage and Transmission: Add when confidential information will be stored or transmitted electronically
4. Anti-Circumvention: Include when there's a need to prevent parties from bypassing the agreement through third parties
5. Foreign Ownership Considerations: Include when foreign entities are involved and property ownership restrictions apply
6. Intellectual Property Rights: Add when the confidential information includes intellectual property related to the property
7. Insurance and Indemnity: Include when specific insurance requirements or indemnification provisions are needed
8. Alternative Dispute Resolution: Add when parties prefer arbitration or mediation before court proceedings
1. Schedule 1 - Property Details: Detailed description of the property including location, title details, and relevant characteristics
2. Schedule 2 - Authorized Representatives: List of individuals authorized to receive and handle confidential information
3. Schedule 3 - Security Protocols: Specific procedures for handling, storing, and transmitting confidential information
4. Appendix A - Confidential Information Categories: Detailed categorization of types of confidential information covered
5. Appendix B - Form of Acknowledgment: Template for additional parties or representatives to acknowledge the NDA obligations
Authors
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Property Development
Construction
Architecture and Design
Property Investment
Banking and Finance
Property Management
Urban Planning
Property Technology
Infrastructure Development
Hospitality
Commercial Real Estate
Residential Real Estate
Industrial Real Estate
Relevant Teams
Legal
Real Estate
Property Management
Investment
Compliance
Operations
Development
Acquisitions
Asset Management
Facilities
Risk Management
Due Diligence
Relevant Roles
Real Estate Director
Property Manager
Development Manager
Investment Analyst
Real Estate Broker
Property Consultant
Legal Counsel
Compliance Officer
Asset Manager
Acquisitions Manager
Chief Investment Officer
Property Valuation Specialist
Real Estate Operations Manager
Development Director
Construction Manager
Facilities Manager
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