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Real Estate Confidentiality Agreement Template for Indonesia

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Key Requirements PROMPT example:

Real Estate Confidentiality Agreement

"I need a Real Estate Confidentiality Agreement under Indonesian law for a luxury resort development project in Bali, where we'll be sharing sensitive architectural plans and financial projections with potential investors starting January 2025."

Document background
The Real Estate Confidentiality Agreement serves as a critical legal instrument in Indonesian property transactions and developments, protecting sensitive information exchanged during property negotiations, due diligence, and business operations. This document becomes essential when parties need to share confidential information such as property valuations, development plans, financial projections, tenant details, or proprietary business methods. Governed by Indonesian law, particularly the Civil Code and relevant property regulations, it ensures that confidential information shared during real estate transactions remains protected. The agreement is commonly used before beginning detailed discussions about property deals, during due diligence processes, or when engaging third-party service providers who need access to sensitive property-related information.
Suggested Sections

1. Parties: Identification of the disclosing party (typically the real estate owner/agent) and receiving party, including full legal names, addresses, and company registration details if applicable

2. Background: Context of the disclosure, including the real estate transaction or project under consideration

3. Definitions: Key terms including 'Confidential Information', 'Permitted Purpose', 'Representatives', 'Real Estate Asset', and other relevant definitions

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

5. Obligations of Confidentiality: Core confidentiality obligations, including use restrictions, security measures, and standard of care

6. Permitted Disclosures: Circumstances under which confidential information may be shared with specified third parties

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 or upon request

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

10. Governing Law and Jurisdiction: Specification of Indonesian law as governing law and jurisdiction for disputes

Optional Sections

1. Electronic Information Security: Special provisions for protecting digital information, required when confidential information is shared electronically

2. Third Party Rights: Provisions addressing rights of third parties mentioned in the confidential information, needed when tenant or vendor information is involved

3. Intellectual Property Rights: Specific provisions protecting IP rights in real estate designs, plans, or proprietary methods

4. Non-Solicitation: Restrictions on soliciting employees or clients, relevant for larger real estate transactions

5. Prior Disclosure: Provisions covering information disclosed before the agreement date, needed if parties have already shared information

6. Anti-Money Laundering Compliance: Required for high-value real estate transactions or when dealing with international parties

Suggested Schedules

1. Schedule 1 - Description of Real Estate Asset: Detailed description of the property or properties involved

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: Categorized list of types of confidential information covered

5. Appendix B - Acknowledgment Form: Form to be signed by representatives who will have access to confidential information

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 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

Investment Banking

Property Management

Hospitality

Retail

Commercial Property

Industrial Property

Residential Property

Infrastructure

Architecture & Design

Relevant Teams

Legal

Real Estate Operations

Property Management

Investment

Development

Acquisitions

Asset Management

Facilities Management

Risk & Compliance

Finance

Project Management

Business Development

Relevant Roles

Real Estate Director

Property Manager

Investment Analyst

Development Manager

Acquisitions Manager

Real Estate Broker

Legal Counsel

Property Valuation Specialist

Asset Manager

Facilities Manager

Real Estate Fund Manager

Development Director

Architecture Director

Construction Manager

Real Estate Operations Manager

Investment Director

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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