“Thor has offered all tenants, licensees and operators on the Boardwalk the opportunity to stay for another season and be part of the permanent project,” said Lee Silberstein, a company spokesman. “It became clear that Thor would share confidential information with them and therefore decided that the confidentiality clause was necessary.” The purpose of the contract is to prevent the unauthorized disclosure of confidential information (as defined below) on the well-being of residential rentals at the address “Confidential information” is proprietary information that relates to the property, including, but not limited to: recipes, taxes, planned capital improvements, the identity or financial status of investors or partners, or any other information provided in writing or during a discussion and declared confidential. Without the landlord`s prior written consent, the tenant: (a) will not disclose confidential information to third parties; b) make or authorize copies or other copies of confidential information; or (c) to use confidential information for commercial purposes. At the landlord`s request, the tenant must return within thirty days all original materials relating to confidential information. This agreement and the obligation for the tenant to keep confidential information confidential remain in effect until what happens first: (a) the lessor sends the tenant a written notice making it public under this agreement, or (b) the confidential information disclosed under this contract is no longer confidential. “These days, developers tend to wear the black hat and a confidentiality clause is playing into the hands of those who want to overwhelm them with railroaders,” Brooks said. Thor said privacy requirements are necessary because the developer provides information to purchased tenants that he does not want to make public. Carlin, a shop owner in Coney Island, also known as Lola Staar, received the boot after challenging a confidentiality clause in her commercial rental extension that prevented her from speaking out against Thor Equities` plan for Coney Island at each public forum. During the 1980s, when Forest City ousted Ratner`s companies during the construction of the MetroTech Center in downtown Brooklyn, he asked tenants to sign such clauses. In the end, the best protection that everyone can have is not to disclose as much confidential information as possible.
However, if this is a must, be sure to take steps to prevent their disclosure. Such a measure is the signing of a landlord-tenant-non-disclosure contract. The agreement provides for a contractual obligation to keep confidential information between the landlord and the tenant. A landlord-tenant non-disclosure contract is not only enforceable, but also legal. Therefore, in the event of injury, the person may be held responsible for the damage sustained and other damage. So get a free well-written template for the landlord-tenant-non-disclosure agreement. Our models are easy to understand. Therefore, fill in your data efficiently and without any problems. Step 2 – The date on which the agreement is drawn up must be indicated first. Then you can enter the name of the potential tenant, the name of the landlord and the name of the agent (if applicable). This is an agreement between the landlord and the tenant to keep certain information private and confidential.
Forest City Ratner has co-objectors in its colonies with tenants who occupy the imprint of the Atlantic Yards, alliances that require beneficiaries to actively promote the project, making it more restrictive than confidentiality agreements in the past. “I`ve never seen anything like it,” Garfinkel admitted. As projects become more competitive, he said, this practice is likely to be more common. He stressed, however, that both sides are making concessions in the equation – and that it takes two parties to sign a lease.Uncategorized