The Equity Loan Agreement is a crucial document used in Irish lending transactions where property equity serves as security for a loan. This agreement is essential when a property owner seeks to borrow funds using their existing property equity as collateral, whether for personal or business purposes. The document must comply with Irish financial services regulations, consumer protection laws, and relevant EU directives. It's particularly important in the current Irish market where property-backed lending forms a significant portion of financial transactions. The agreement includes comprehensive provisions covering loan terms, security arrangements, borrower obligations, and enforcement rights, while incorporating specific requirements for property valuation, registration, and consumer protection measures mandated by Irish law.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of the lender and borrower, including full legal names and addresses
2. Background: Context of the agreement, including purpose of the loan and brief description of the security property
3. Definitions: Definitions of key terms used throughout the agreement, including financial, property, and legal terms
4. Loan Amount and Purpose: Specification of the loan amount, purpose, and any conditions precedent to drawdown
5. Interest and Payments: Details of interest rate, calculation method, payment schedule, and payment mechanisms
6. Security: Description of the property or equity serving as security, including legal charge arrangements
7. Borrower's Representations and Warranties: Borrower's confirmations regarding their legal capacity, property ownership, and other material facts
8. Borrower's Covenants: Ongoing obligations of the borrower, including property maintenance and insurance requirements
9. Events of Default: Circumstances constituting default and consequences thereof
10. Enforcement Rights: Lender's rights and remedies upon default, including power of sale
11. Costs and Expenses: Allocation of legal fees, registration costs, and other expenses
12. Notices: Process for formal communications between parties
13. Governing Law and Jurisdiction: Confirmation of Irish law governance and jurisdiction
1. Guarantees: Terms of any personal or corporate guarantees - include when third-party guarantors are involved
2. Insurance Requirements: Detailed insurance obligations - separate section when complex insurance arrangements are needed
3. Property Valuation: Specific provisions regarding property valuation - include when regular revaluation is required
4. Additional Security: Terms for any additional security beyond the main property - use when multiple security items exist
5. Prepayment Provisions: Terms for early repayment - include when early repayment options are offered
6. Assignment and Transfer: Provisions for transferring the loan - include when loan may be syndicated or sold
7. Multiple Borrowers: Joint and several liability provisions - include when there are multiple borrowers
8. Hedging Requirements: Interest rate hedging obligations - include for larger commercial loans
1. Property Description: Detailed legal description of the security property including title details
2. Payment Schedule: Detailed breakdown of payment dates, amounts, and interest calculations
3. Conditions Precedent: List of documents and conditions required before drawdown
4. Form of Drawdown Notice: Template for requesting loan disbursement
5. Security Documents: Forms of legal charge and other security documents
6. Insurance Requirements: Detailed specifications for required insurance coverage
7. Standard Form Certificates: Templates for compliance certificates and other routine submissions
8. Permitted Encumbrances: List of accepted existing charges or encumbrances on the property
Relevant legal definitions
Clauses
Relevant Industries
Financial Services
Real Estate
Banking
Property Development
Construction
Investment Management
Professional Services
Legal Services
Insurance
Relevant Teams
Legal
Finance
Risk Management
Compliance
Credit
Real Estate
Investment
Operations
Property Management
Corporate Banking
Relevant Roles
Legal Counsel
Finance Manager
Mortgage Advisor
Property Manager
Risk Manager
Compliance Officer
Credit Manager
Real Estate Director
Banking Officer
Investment Manager
Property Developer
Loan Officer
Financial Advisor
Corporate Lawyer
Conveyancing Solicitor
Find the exact document you need
Unregulated Hire Purchase Agreement
An Irish law-governed unregulated hire purchase agreement for commercial asset acquisition with payment installments and purchase option.
Download
Tenancy Loan Agreement
An Irish law-governed agreement combining loan and tenancy terms for rental property financing, compliant with Irish financial and residential tenancy regulations.
Download
Pro Forma Loan Agreement
Irish law-governed standard form loan agreement template for documenting lending transactions, compliant with local banking regulations and EU requirements.
Download
Employees Loan Agreement
An Irish law-governed agreement between employer and employee establishing terms for a company loan, including repayment through salary deductions.
Download
Evergreen Loan Agreement
Irish law-governed Evergreen Loan Agreement template for establishing ongoing revolving credit facilities with no fixed maturity date.
Download
Loan Agreement And Mortgage
An Irish law-governed agreement combining loan terms and mortgage security arrangements for property financing, compliant with Irish banking and property regulations.
Download
Facility Loan Agreement
An Irish law-governed agreement establishing terms and conditions for a loan facility between a lender and borrower, including facility terms, security arrangements, and regulatory compliance requirements.
Download
Loan Agreement Between Individuals
An Irish law-governed agreement documenting a loan arrangement between private individuals, including loan terms, repayment conditions, and legal protections.
Download
Simple Loan Repayment Agreement
An Irish law-governed agreement establishing loan repayment terms, conditions, and obligations between lender and borrower.
Download
Loan For Use Agreement
An Irish law-governed agreement establishing terms for the free temporary use of an asset while maintaining the lender's ownership rights.
Download
Loan And Guarantee Agreement
An Irish law-governed agreement establishing terms for a loan facility supported by a third-party guarantee, including lending terms and guarantee obligations.
Download
Lease Hire Agreement
An Irish law-governed agreement establishing terms and conditions for equipment or asset leasing arrangements, including payment terms, maintenance requirements, and regulatory compliance.
Download
Hire Purchase Agreement For Car
An Irish law-governed agreement for the hire purchase of a motor vehicle, establishing payment terms and conditions under Irish consumer credit legislation.
Download
Bike Hire Purchase Agreement
An Irish law-governed agreement setting out terms for bicycle hire purchase, including payment terms, ownership conditions, and parties' obligations.
Download
Undertaking Loan Agreement
An Irish law-governed agreement setting out terms and conditions for providing loan facilities, ensuring compliance with Irish banking regulations and protecting both lender and borrower interests.
Download
Promissory Loan Agreement
An Irish law-governed Promissory Loan Agreement establishing terms and conditions for lending arrangements, including loan amount, interest, repayment terms, and security provisions.
Download
Master Loan Agreement
An Irish law-governed agreement establishing the framework for a lending relationship between a financial institution and borrower, setting out comprehensive terms for loan facilities and security arrangements.
Download
Margin Loan Agreement
Irish law-governed agreement establishing terms for lending against securities collateral, including margin maintenance and enforcement provisions.
Download
Loan Note Agreement
An Irish law-governed agreement setting out terms for the issuance and subscription of loan notes, including interest, repayment, and security provisions.
Download
Financing Contract Agreement
An Irish law-governed agreement establishing terms and conditions for providing financial facilities between lender and borrower, including facility details, security arrangements, and regulatory compliance requirements.
Download
Financial Agreement Between Two Parties
Irish law-governed financial agreement template for structuring financial arrangements between two parties, incorporating key regulatory requirements and protective clauses.
Download
Equipment Lease Purchase Agreement
An Irish law-governed agreement setting out terms for equipment leasing with a purchase option, including financial terms, maintenance obligations, and purchase conditions.
Download
Contract For Car Payments
An Irish law-governed agreement establishing terms and conditions for vehicle purchase payments, compliant with Irish consumer protection and financial regulations.
Download
Owner Financing Contract For Deed
An Irish law-governed agreement where the property seller finances the buyer's purchase and retains title until full payment, structured under Irish property law requirements.
Download
Standard Loan Agreement Between Friends
An Irish law-governed agreement that formalizes and legally protects a loan arrangement between friends, including key terms, conditions, and repayment schedules.
Download
Standard Hire Purchase Agreement
An Irish law-governed agreement for the purchase of goods through installment payments, with ownership transferring upon final payment, compliant with Irish consumer credit legislation.
Download
Lease Purchase Agreement Car
An Irish law-governed agreement establishing terms for vehicle lease purchase, combining lease and purchase elements with eventual ownership transfer upon completion of payments.
Download
Warehouse Loan Agreement
An Irish law-governed agreement for securing loans against warehouse-stored inventory, establishing lending terms and security arrangements.
Download
Royalty Loan Agreement
An Irish law-governed agreement establishing a loan facility repayable through future royalty payments or revenue streams.
Download
Simple Interest Loan Agreement
An Irish law-governed Simple Interest Loan Agreement establishing terms for lending with straightforward interest calculation on the principal amount.
Download
Lending Loan Agreement
An Irish law-governed agreement establishing terms and conditions for a loan between lender and borrower, including loan amount, interest, repayment terms, and security arrangements.
Download
Conditional Loan Agreement
An Irish law-governed agreement setting out terms and conditions for a conditional loan, including specific requirements that must be met for loan availability.
Download
Debenture Loan Agreement
An Irish law-governed agreement combining loan facilities with security arrangements, creating fixed and floating charges over borrower assets.
Download
Car Loan Promissory Note
An Irish law-governed financial instrument documenting a borrower's promise to repay a vehicle loan and establishing the vehicle as collateral.
Download
Revenue Loan Agreement
An Irish law-governed agreement establishing a loan facility with repayments calculated as a percentage of the borrower's revenue.
Download
Funding Term Sheet
An Irish law-governed preliminary agreement outlining key terms and conditions for a proposed company investment.
Download
Consumer Loan Agreement
An Irish law-governed agreement setting out terms and conditions for providing a consumer loan, compliant with Irish and EU consumer protection regulations.
Download
Bond Loan Agreement
An Irish law-governed agreement setting out terms and conditions for bond issuance, including payment obligations, covenants, and bondholder rights.
Download
Loan Market Agreement
An Irish law-governed financing agreement setting out terms and conditions for commercial lending arrangements, compliant with Irish banking regulations and market standards.
Download
Instrument Loan Agreement
An Irish law-governed agreement establishing terms for the temporary loan of musical instruments, including maintenance, insurance, and return conditions.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)