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The House Loan Agreement is a fundamental document in Belgian residential property financing, used when individuals seek to borrow funds for purchasing, renovating, or refinancing residential property. This agreement must comply with Belgian financial regulations, including Book VII of the Code of Economic Law and the Belgian Mortgage Law of 1851, as well as relevant EU directives. The document serves multiple purposes: it protects the lender's interests through security arrangements, ensures borrowers understand their obligations and rights, and provides a clear framework for the loan's administration. The agreement typically includes detailed information about the property, loan terms, interest calculations, repayment schedules, and default provisions, while incorporating mandatory consumer protection elements required under Belgian law.

1. Parties: Identification of the lender (credit institution) and borrower(s), including full legal names, addresses, and registration details

2. Background: Context of the loan agreement, including purpose of the loan and brief description of the property

3. Definitions: Definitions of key terms used throughout the agreement

4. Loan Amount and Purpose: Specification of the principal amount, currency, and confirmed purpose of the loan

5. Interest Rate: Details of the applicable interest rate (fixed or variable), calculation method, and adjustment mechanisms

6. Term and Repayment: Duration of the loan and detailed repayment schedule including installment amounts

7. Security Arrangements: Details of the mortgage registration and any additional security required

8. Property Details: Full description of the property being mortgaged, including cadastral details

9. Borrower's Representations: Borrower's confirmations regarding their financial situation, property ownership, and accuracy of provided information

10. Borrower's Obligations: Ongoing obligations including property maintenance, insurance, and payment requirements

11. Events of Default: Circumstances constituting default and consequences thereof

12. Early Repayment: Terms and conditions for early repayment, including any applicable penalties

13. Costs and Fees: Breakdown of all costs including notary fees, registration fees, and administrative charges

14. Governing Law and Jurisdiction: Confirmation of Belgian law application and competent courts