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Real Estate Confidentiality Agreement Template for Singapore

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Key Requirements PROMPT example:

Real Estate Confidentiality Agreement

"I need a Real Estate Confidentiality Agreement for a Singapore property development project where we'll be sharing sensitive architectural plans and financial projections with potential investors, with the agreement to be effective from March 2025 and lasting for 3 years."

Document background
The Real Estate Confidentiality Agreement is essential in Singapore's dynamic property market where sensitive information frequently needs to be shared between parties. This agreement is typically used when discussing potential property developments, investments, or transactions where confidential information such as valuations, financial projections, development plans, or proprietary business strategies need to be protected. It ensures compliance with Singapore's legal framework, including the Personal Data Protection Act and real estate regulations, while providing clear mechanisms for information sharing and protecting both parties' interests.
Suggested Sections

1. Parties: Identification and details of all parties to the agreement

2. Background: Context and purpose of the confidentiality agreement

3. Definitions: Key terms used throughout the agreement, including definition of confidential information

4. Confidentiality Obligations: Core obligations regarding handling of confidential information

5. Permitted Disclosures: Circumstances under which confidential information may be disclosed

6. Term and Termination: Duration of the agreement and termination provisions

7. Return of Confidential Information: Obligations regarding return or destruction of confidential materials

Optional Sections

1. Non-Circumvention: Provisions to prevent direct dealing with disclosed contacts or opportunities, typically used for property investment opportunities or development projects

2. Non-Solicitation: Provisions preventing poaching of employees or clients, relevant when sharing information about internal operations or client lists

3. Data Protection Compliance: Specific obligations regarding personal data handling under Singapore's PDPA

4. International Transfer Provisions: Rules for transferring information across borders when parties are in different jurisdictions

Suggested Schedules

1. Schedule 1: Description of Confidential Information: Detailed list or categories of information covered by the agreement

2. Schedule 2: Authorized Recipients: List of individuals or entities authorized to receive confidential information

3. Schedule 3: Security Protocols: Specific procedures for handling and storing confidential information

4. Schedule 4: Property Details: Description of the real estate property or properties involved

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions



































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Industries

Personal Data Protection Act 2012: Singapore's primary data protection legislation governing the collection, use, disclosure and care of personal data

Evidence Act (Chapter 97): Legislation governing the admissibility of evidence in legal proceedings, including confidential information

Contracts Act (Chapter 53): Primary legislation governing contract formation and enforcement in Singapore

Property Law Act (Chapter 242): Legislation governing real estate transactions and property rights in Singapore

Real Estate Developers (Control and Licensing) Act: Regulates real estate developers and their activities in Singapore

Common Law Confidentiality Principles: Case law principles governing confidential information and breach of confidence

Estate Agents Act 2010: Regulates real estate agents and agencies, including their handling of confidential information

Council for Estate Agencies (CEA) Guidelines: Regulatory guidelines for real estate agencies and agents in Singapore

Housing Developers Rules: Specific rules governing housing development projects and related confidential information

Building Control Act: Legislation governing building works and construction-related information

Competition Act (Chapter 50B): Regulates competition law and market-sensitive information handling

Banking Act: Regulations concerning financial information in real estate transactions

Securities and Futures Act: Governs securities trading and listed property companies' confidential information

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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