Real Estate Non Disclosure Agreement for Germany

Real Estate Non Disclosure Agreement Template for Germany

This document is a comprehensive Non-Disclosure Agreement (NDA) specifically tailored for real estate transactions under German law. It provides robust protection for confidential information exchanged during real estate dealings, incorporating requirements from German civil law, data protection regulations, and real estate-specific legislation. The agreement ensures compliance with German legal standards while protecting sensitive property information, financial data, and business strategies during property transactions, negotiations, or development projects.

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What is a Real Estate Non Disclosure Agreement?

This Real Estate Non Disclosure Agreement is essential for protecting confidential information during property transactions in Germany. It should be used whenever parties need to exchange sensitive information relating to real estate assets, including property valuations, development plans, financial projections, tenant information, and transaction strategies. The document ensures compliance with German legal requirements, including the Bürgerliches Gesetzbuch (BGB), data protection laws (DSGVO), and real estate regulations. It's particularly crucial in the early stages of real estate transactions, during due diligence processes, or when sharing sensitive property-related information with potential investors, buyers, or development partners.

What sections should be included in a Real Estate Non Disclosure Agreement?

1. Parties: Identification of all parties to the agreement, including full legal names, addresses, and registration details for companies

2. Background: Context of the agreement, including the nature of the real estate transaction or relationship between the parties

3. Definitions: Clear definitions of key terms, especially 'Confidential Information', 'Real Estate Project', 'Permitted Purpose', and other relevant terms

4. Scope of Confidential Information: Detailed description of what constitutes confidential information in the real estate context, including property details, financial information, and business strategies

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 Protection Compliance: Specific provisions ensuring compliance with GDPR and German data protection laws

8. Term and Survival: Duration of the agreement and which obligations survive termination

9. Return or Destruction of Confidential Information: Obligations regarding the handling of confidential information after the agreement ends

10. Breach and Remedies: Consequences of breach, including injunctive relief and damages

11. Governing Law and Jurisdiction: Specification of German law as governing law and jurisdiction for disputes

What sections are optional to include in a Real Estate Non Disclosure Agreement?

1. Real Estate Broker Provisions: Specific provisions for when real estate brokers are involved in the transaction

2. Third Party Rights: Provisions regarding the rights of third parties, particularly relevant when multiple stakeholders are involved

3. Electronic Information Security: Specific provisions for handling digital information and cybersecurity measures when dealing with electronic property documentation

4. Marketing Restrictions: Specific provisions regarding marketing of the property during negotiations

5. Insider Trading Provisions: Required when either party is a public company or connected to listed entities

6. Prior Agreements: Section addressing relationship with any prior NDAs or confidentiality obligations between the parties

What schedules should be included in a Real Estate Non Disclosure Agreement?

1. Schedule 1 - Specified Confidential Information: Detailed list of specific categories of confidential information covered

2. Schedule 2 - Authorized Representatives: List of individuals authorized to receive and handle confidential information

3. Schedule 3 - Property Details: Specific details of the real estate property or properties covered by the NDA

4. Schedule 4 - Security Protocols: Detailed security measures for handling confidential information

5. Appendix A - Form of Confidentiality Undertaking: Template for confidentiality undertakings to be signed by authorized representatives or advisors

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

Jurisdiction

Germany

Publisher

Genie AI

Cost

Free to use
Relevant legal definitions
Relevant Industries

Commercial Real Estate

Residential Real Estate

Property Development

Real Estate Investment

Construction

Property Management

Real Estate Finance

Property Technology

Hospitality Real Estate

Industrial Real Estate

Retail Real Estate

Relevant Teams

Legal

Real Estate

Investment

Finance

Operations

Acquisitions

Asset Management

Development

Due Diligence

Risk Management

Compliance

Property Management

Relevant Roles

Real Estate Director

Property Manager

Investment Manager

Real Estate Analyst

Development Director

Asset Manager

Chief Investment Officer

Real Estate Portfolio Manager

Acquisition Manager

Legal Counsel

Commercial Director

Finance Director

Due Diligence Manager

Real Estate Broker

Property Valuation Specialist

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,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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