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Confidentiality Agreement Real Estate Transaction Template for Philippines

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Key Requirements PROMPT example:

Confidentiality Agreement Real Estate Transaction

"I need a Confidentiality Agreement Real Estate Transaction for a potential sale of a high-value commercial property portfolio in Manila, where we'll be sharing sensitive financial and tenant information with multiple international investors during March 2025."

Document background
The Confidentiality Agreement Real Estate Transaction is essential for protecting sensitive information exchanged during property transactions in the Philippines. It is typically used when parties need to share confidential details about properties, financial information, development plans, or business strategies during real estate negotiations, due diligence, or property transactions. The agreement ensures compliance with Philippine laws, including the Data Privacy Act of 2012 and the Real Estate Service Act of 2009, while providing robust protection for proprietary information. This document is particularly important in high-value transactions, development projects, or when dealing with commercially sensitive property portfolios. It includes specific provisions for handling digital information, requirements for data protection under Philippine law, and obligations for all parties involved in the transaction.
Suggested Sections

1. Parties: Identification of all parties to the agreement, including their legal names, addresses, and business registration details if applicable

2. Background: Context of the agreement, nature of the real estate transaction, and the purpose for sharing confidential information

3. Definitions: Definitions of key terms including 'Confidential Information', 'Real Estate Transaction', 'Permitted Purpose', and other relevant terms

4. Scope of Confidential Information: Detailed description of what constitutes confidential information in the context of the real estate transaction

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

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

7. Data Privacy Compliance: Specific provisions ensuring compliance with the Philippine Data Privacy Act

8. Security Measures: Required security measures for protecting confidential information

9. Return or Destruction of Information: Obligations regarding the return or destruction of confidential information upon termination or completion

10. Term and Termination: Duration of confidentiality obligations and termination provisions

11. Breach and Remedies: Consequences of breach and available remedies including injunctive relief

12. General Provisions: Standard provisions including governing law, jurisdiction, and entire agreement

Optional Sections

1. Intellectual Property Rights: Provisions clarifying ownership of IP rights when the transaction involves development properties or architectural plans

2. Publicity and Announcements: Restrictions on public announcements about the transaction, used for high-profile real estate deals

3. Representatives and Warranties: Additional representations about authority to share information and ownership of confidential information

4. Non-Circumvention: Prevents parties from bypassing each other in the transaction, important for broker-involved deals

5. Digital Security Measures: Specific provisions for digital information security, relevant when dealing with electronic data rooms

6. Competing Projects: Restrictions on involvement in competing real estate projects, relevant for development properties

Suggested Schedules

1. Schedule A - Authorized Representatives: List of authorized representatives who may access confidential information

2. Schedule B - Property Details: Specific details of the real estate property or properties covered by the agreement

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

4. Schedule D - Permitted Disclosures: List of pre-approved third parties who may receive confidential information

5. Appendix 1 - Data Privacy Compliance Checklist: Checklist ensuring compliance with Philippine Data Privacy Act requirements

Authors

Alex Denne

Head of Growth (Open Source Law) @ 黑料视频 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions



































Clauses






























Relevant Industries

Real Estate

Property Development

Construction

Commercial Property

Residential Property

Industrial Property

Hospitality

Retail

Banking and Finance

Investment Management

Property Management

Professional Services

Urban Planning

Relevant Teams

Legal

Real Estate

Compliance

Investment

Property Management

Development

Acquisitions

Due Diligence

Asset Management

Risk Management

Operations

Finance

Corporate Affairs

Relevant Roles

Real Estate Director

Property Manager

Investment Manager

Legal Counsel

Compliance Officer

Real Estate Broker

Property Developer

Asset Manager

Acquisition Manager

Due Diligence Manager

Real Estate Analyst

Property Valuation Specialist

Development Director

Transaction Manager

Real Estate Investment Officer

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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