The Real Estate Mortgage Agreement is a crucial document in New Zealand's property financing landscape, used when a lender provides funding secured against real property. This agreement is essential for both residential and commercial property transactions, creating a legally enforceable security interest that protects the lender's interests while clearly defining the borrower's obligations. The document must comply with New Zealand's robust legal framework, including the Property Law Act 2007, Land Transfer Act 2017, and consumer protection legislation. It typically includes comprehensive details about the property, loan terms, repayment schedules, borrower's covenants, and enforcement provisions. The agreement is fundamental in protecting both parties' interests and ensuring clear understanding of their respective rights and obligations throughout the loan term.
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: Identifies the lender (mortgagee) and borrower (mortgagor) with full legal names and addresses
2. Background: Outlines the context of the mortgage agreement, including property purchase details and loan arrangement
3. Definitions and Interpretation: Defines key terms used throughout the agreement and sets rules for interpretation
4. Loan Details: Specifies the principal sum, interest rate, term of loan, and repayment schedule
5. Property Details: Legal description of the mortgaged property, including title reference and physical address
6. Security Interest: Creates and defines the mortgage security interest over the property
7. Borrower's Covenants: Borrower's obligations including property maintenance, insurance, rates payment, and use restrictions
8. Events of Default: Defines circumstances constituting default and consequences thereof
9. Lender's Rights and Remedies: Powers and rights of the lender, including enforcement and sale rights upon default
10. Insurance Requirements: Specifies required insurance coverage and obligations
11. Payment Terms: Detailed payment obligations, including method, timing, and application of payments
12. Representations and Warranties: Borrower's declarations regarding property ownership, authority to enter agreement, etc.
13. General Provisions: Standard contract clauses including notices, amendments, governing law, and dispute resolution
1. Guarantor Provisions: Required when there are guarantors securing the mortgage obligations
2. Cross-Collateralization: Used when multiple properties secure the same loan or multiple loans are secured by the same property
3. Property Development Conditions: Included for mortgages involving property development or substantial renovations
4. Rental Properties Provisions: Special conditions for mortgaged properties intended for rental
5. Priority Arrangements: Required when there are multiple mortgages or security interests over the property
6. Environmental Matters: Special provisions for properties with environmental concerns or obligations
7. Body Corporate Provisions: Required for mortgages over units in strata title or body corporate properties
1. Property Schedule: Detailed legal description of the property including title details, easements, and encumbrances
2. Payment Schedule: Detailed breakdown of payment amounts, dates, and amortization schedule
3. Insurance Schedule: Specific insurance requirements including types, amounts, and approved insurers
4. Special Conditions: Any special terms or conditions specific to this mortgage
5. Guarantor Details: Information about guarantors and extent of guarantee if applicable
6. Property Condition Report: Initial condition report of the property at time of mortgage
7. Disclosure Statement: Required disclosures under Credit Contracts and Consumer Finance Act 2003
Relevant legal definitions
Clauses
Relevant Industries
Banking and Financial Services
Real Estate
Legal Services
Insurance
Property Development
Property Investment
Mortgage Broking
Construction
Property Management
Relevant Teams
Legal
Lending
Credit Risk
Compliance
Property Services
Document Management
Real Estate
Mortgage Operations
Risk Management
Customer Service
Financial Services
Business Development
Relevant Roles
Mortgage Broker
Real Estate Lawyer
Property Lawyer
Bank Manager
Credit Manager
Loan Officer
Property Developer
Real Estate Agent
Compliance Officer
Legal Counsel
Property Manager
Financial Advisor
Conveyancing Lawyer
Risk Manager
Banking Executive
Property Investment Advisor
Find the exact document you need
Personal Loan Letter Between Friends
A New Zealand-compliant document that formalizes a personal loan agreement between friends, including loan terms, repayment conditions, and legal safeguards.
find out more
Written Loan Agreement
A New Zealand-compliant agreement setting out the terms and conditions of a loan, including amount, interest, repayment terms, and parties' obligations.
find out more
Small Loan Contract
A New Zealand-compliant small loan agreement template that sets out terms, conditions, and obligations for both lender and borrower under NZ law.
find out more
Pro Forma Loan Agreement
New Zealand-compliant loan agreement template setting out terms for lending arrangements, suitable for both commercial and consumer lending scenarios.
find out more
Revolving Credit Contract
A New Zealand law-governed agreement establishing a revolving credit facility between a lender and borrower, compliant with CCCFA requirements.
find out more
Loan Car Form
A New Zealand-compliant legal form for temporary vehicle loans, establishing terms and conditions between vehicle providers and borrowers.
find out more
Loan Agreement With Interest
A New Zealand-governed agreement establishing terms for a loan with interest, including repayment conditions and statutory requirements.
find out more
Money Loan Agreement
A New Zealand-compliant agreement establishing terms and conditions for a monetary loan between a lender and borrower, including repayment terms and obligations.
find out more
Family Member Promissory Note
A New Zealand-compliant promissory note documenting loan terms between family members, including principal amount, interest, and repayment conditions.
find out more
Debt Consolidation Agreement
A New Zealand-compliant agreement for consolidating multiple debts into a single loan, including terms, conditions, and statutory disclosures.
find out more
Vendor Finance Loan Agreement
A New Zealand-compliant agreement enabling vendor-provided financing for purchase of goods or services, including loan terms and security arrangements.
find out more
Fixed Sum Loan Agreement Early Settlement
New Zealand-governed fixed-sum loan agreement with early settlement provisions, compliant with CCCFA requirements.
find out more
Acknowledgement Of Debt Agreement
A New Zealand-compliant legal document where a debtor formally acknowledges their debt obligation and agrees to specific repayment terms.
find out more
Mortgage Spreader Agreement
A New Zealand legal document that extends an existing mortgage security to cover additional properties, compliant with NZ property law requirements.
find out more
Debt Payment Agreement
A New Zealand-compliant agreement that formalizes debt repayment terms between a creditor and debtor, including payment schedule, interest rates, and default provisions.
find out more
Loan Repayment Contract
A New Zealand-compliant agreement setting out terms and conditions for loan repayment between lender and borrower, including payment schedules and obligations.
find out more
Discounted Payoff Agreement
A New Zealand law-governed agreement that documents the settlement of an outstanding debt for a reduced amount, specifying payment terms and discharge conditions.
find out more
Overagreement
A New Zealand law-governed master agreement that establishes overarching terms for multiple underlying agreements between parties.
find out more
Litigation Financing Agreement
A New Zealand-governed agreement establishing terms for third-party funding of legal proceedings, including funding commitments, returns, and risk allocation.
find out more
Promise Note
A legally binding financial document under New Zealand law containing an unconditional promise to pay a specified sum of money to a designated party.
find out more
Peer To Peer Lending Contract
A New Zealand-compliant agreement establishing terms and conditions for peer-to-peer lending arrangements between lenders, borrowers, and P2P platforms.
find out more
Debt Agreement Contract
A New Zealand-compliant agreement establishing terms and conditions for lending arrangements between parties, including loan details, repayment terms, and legal obligations.
find out more
Loan Repayment Letter
A New Zealand-compliant formal letter outlining loan repayment terms and schedule between a lender and borrower.
find out more
Letter To Borrow Money From Friend
A formal letter document under New Zealand law that outlines the terms and conditions of borrowing money from a friend, including loan amount, repayment terms, and mutual obligations.
find out more
Contract For Land Purchase
A New Zealand-compliant legal agreement for the sale and purchase of land, detailing property transfer terms and conditions between vendor and purchaser.
find out more
General Loan Agreement
A New Zealand-compliant loan agreement template establishing terms for lending arrangements, suitable for both commercial and personal lending purposes.
find out more
Loan Novation Agreement
A New Zealand law-governed agreement that transfers loan obligations from an original borrower to a new borrower while maintaining the original lender's rights.
find out more
Student Loan Agreement
A New Zealand-governed agreement establishing terms and conditions for government-provided student loans, including loan amounts, repayment terms, and borrower obligations.
find out more
Simple Loan Application Form
A New Zealand-compliant loan application form for gathering applicant information and assessing creditworthiness under local lending regulations.
find out more
Payday Loan Contract
New Zealand-compliant payday loan agreement template incorporating CCCFA requirements and consumer protections for short-term lending.
find out more
Loan Guarantee
A New Zealand-governed agreement where a guarantor assumes responsibility for another party's loan obligations to a lender.
find out more
Investment Loan Contract
New Zealand-governed agreement establishing terms for investment-purposed lending, including loan terms, security arrangements, and regulatory compliance requirements.
find out more
Debt Repayment Contract
A New Zealand-compliant agreement establishing terms and schedule for debt repayment between creditor and debtor.
find out more
Employee Laptop Loan Agreement
A New Zealand-compliant agreement governing the loan of company laptop equipment to employees, including usage terms and return conditions.
find out more
Borrowing Form
A New Zealand-compliant borrowing form that establishes loan terms and conditions between lender and borrower, incorporating CCCFA requirements.
find out more
Device Loan Agreement
A New Zealand-compliant agreement governing the temporary loan of devices from an organization to individuals, establishing usage terms and responsibilities.
find out more
Simple Equipment Borrowing Agreement
A New Zealand-compliant agreement for temporary equipment lending, establishing terms for equipment use, maintenance, and return conditions.
find out more
Loan Out Agreement
A New Zealand-governed agreement for the provision of individual services through a loan-out company structure to an engaging business.
find out more
No Loan Agreement
A New Zealand-governed agreement that formally documents the non-existence of a loan between parties or confirms that a previous loan has been fully satisfied.
find out more
Memorandum Of Loan Agreement
A New Zealand-compliant agreement that establishes the terms and conditions of a loan between parties, including principal amount, interest, repayment terms, and obligations.
find out more
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)