The Commercial Real Estate Confidentiality Agreement is essential in Danish property transactions where sensitive information needs to be shared during due diligence and negotiations. It is commonly used when property owners or their representatives need to disclose confidential details about commercial properties, including financial statements, tenant information, maintenance records, and development plans. This document, governed by Danish law, ensures that all parties maintain strict confidentiality while evaluating potential real estate transactions. It incorporates provisions from relevant Danish legislation, including the Act on Trade Secrets, Property Law, and Data Protection Act, making it particularly suitable for high-value commercial property transactions where information security is crucial.
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Key Requirements PROMPT example:
Commercial Real Estate Confidentiality Agreement
I need a Commercial Real Estate Confidentiality Agreement under Danish law for a potential office building sale in Copenhagen, with strong data protection provisions as we'll be sharing tenant information and building management data during due diligence in March 2025.
1. Parties: Identification of all parties to the agreement, including full legal names, company registration numbers, and addresses
2. Background: Context of the agreement, including the purpose of sharing confidential information and the nature of the potential real estate transaction
3. Definitions: Key terms including 'Confidential Information', 'Property', 'Permitted Purpose', 'Representatives', and 'Term'
4. Scope of Confidential Information: Detailed description of what constitutes confidential information in the context of the real estate transaction
5. Confidentiality Obligations: Core obligations regarding the protection, use, and non-disclosure of confidential information
6. Permitted Disclosures: Circumstances under which confidential information may be disclosed, including to professional advisors and as required by law
7. Security Measures: Required measures for protecting and securing confidential information
8. Return or Destruction of Information: Obligations regarding the handling of confidential information after termination or upon request
9. Term and Survival: Duration of the agreement and which provisions survive termination
10. Governing Law and Jurisdiction: Specification of Danish law as governing law and jurisdiction for disputes
1. Data Protection Provisions: Additional provisions when confidential information includes personal data subject to GDPR
2. Non-Solicitation: Restrictions on soliciting employees or clients, if relevant to the transaction
3. Exclusivity: Provisions granting exclusive rights to negotiate for the property for a specified period
4. Press Announcements: Rules regarding public announcements about the potential transaction
5. Non-Circumvention: Provisions preventing parties from bypassing each other in the transaction
6. Real Estate Agent Provisions: Specific provisions when real estate agents are involved in the transaction
1. Property Description: Detailed description of the real estate property subject to the potential transaction
2. Authorized Representatives: List of authorized representatives who may receive confidential information
3. Security Protocols: Specific security measures and protocols for handling confidential information
4. Excluded Information: List of information specifically excluded from confidentiality obligations
Authors
Relevant legal definitions
Confidential Information
Property
Permitted Purpose
Business Day
Permitted Recipients
Affiliate
Representatives
Disclosing Party
Receiving Party
Term
Transaction
Confidentiality Period
Security Requirements
Personal Data
Trade Secret
Proprietary Information
Due Diligence Materials
Property Information
Material Breach
Authorized Personnel
Property
Permitted Purpose
Business Day
Permitted Recipients
Affiliate
Representatives
Disclosing Party
Receiving Party
Term
Transaction
Confidentiality Period
Security Requirements
Personal Data
Trade Secret
Proprietary Information
Due Diligence Materials
Property Information
Material Breach
Authorized Personnel
Clauses
Confidentiality
Non-Disclosure
Information Security
Data Protection
Property Access
Duration and Survival
Return of Information
Permitted Disclosure
Non-Circumvention
Governing Law
Dispute Resolution
Breach and Remedies
Assignment
Third Party Rights
Force Majeure
Severability
Entire Agreement
Notices
Exclusivity
Non-Solicitation
Non-Disclosure
Information Security
Data Protection
Property Access
Duration and Survival
Return of Information
Permitted Disclosure
Non-Circumvention
Governing Law
Dispute Resolution
Breach and Remedies
Assignment
Third Party Rights
Force Majeure
Severability
Entire Agreement
Notices
Exclusivity
Non-Solicitation
Relevant Industries
Real Estate
Commercial Property
Property Development
Investment Banking
Property Management
Construction
Real Estate Investment
Financial Services
Professional Services
Facilities Management
Relevant Teams
Legal
Real Estate
Investments
Asset Management
Property Management
Due Diligence
Transactions
Corporate Development
Risk Management
Compliance
Relevant Roles
Real Estate Director
Property Manager
Investment Manager
Legal Counsel
Chief Investment Officer
Development Director
Asset Manager
Transaction Manager
Commercial Director
Due Diligence Manager
Real Estate Analyst
Portfolio Manager
Acquisitions Manager
Real Estate Partner
Property Consultant
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