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The Home Loan Agreement is a fundamental legal document used in Danish residential property financing transactions. It serves as the primary contract between a financial institution and individuals seeking to purchase or refinance residential property in Denmark. This agreement is specifically designed to comply with Danish mortgage lending regulations, including the Danish Financial Business Act and Mortgage-Credit Loans Act, which are known for their unique covered bond system and strong consumer protections. The document typically includes detailed provisions about the loan amount, interest calculations, repayment schedules, property security arrangements, borrower obligations, and default consequences. It is essential for establishing legally binding mortgage arrangements and must be registered with the Danish Land Registry to create valid security over the property.

1. Parties: Identification of the lender (financial institution) and borrower(s), including full legal names, addresses, and registration/identification numbers

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

3. Definitions: Definitions of key terms used throughout the agreement, including technical and financial terms

4. Loan Details: Specific details of the loan including principal amount, interest rate, term, and type of interest rate (fixed/variable)

5. Property Details: Full description of the mortgaged property, including address, land registry details, and property identification numbers

6. Security Arrangements: Details of the mortgage security, including ranking of the mortgage and registration requirements

7. Repayment Terms: Payment schedule, payment methods, prepayment options, and consequences of late payments

8. Interest Calculation: Method of interest calculation, interest periods, and conditions for interest rate changes

9. Borrower's Representations: Borrower's confirmations regarding their financial situation, property ownership, and ability to repay

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

11. Events of Default: Circumstances constituting default and the lender's rights in such events

12. Costs and Fees: All costs associated with the loan, including establishment fees, ongoing charges, and default fees

13. Notices: Methods and requirements for formal communications between parties

14. Governing Law: Confirmation of Danish law as governing law and jurisdiction provisions