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The House Loan Contract (Immobiliendarlehensvertrag) is a fundamental document in German property financing, used when individuals seek bank financing to purchase, construct, or renovate residential property. This contract type is essential in the German market, where approximately 50% of residential property transactions involve bank financing. The document must comply with strict German banking regulations, including the German Civil Code (BGB), Banking Act (KWG), and EU-derived regulations implemented in German law. It contains detailed provisions on loan terms, security arrangements, borrower obligations, and mandatory consumer protection elements. The contract is typically executed in conjunction with a property mortgage (Grundschuld) registration and requires notarization for the security components. It's designed to protect both the lender's security interests and the borrower's consumer rights under German law.

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

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

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

4. Loan Details: Principal amount, purpose, interest rate (fixed or variable), effective annual rate (effektiver Jahreszins), and total amount payable

5. Term and Repayment: Duration of the loan, repayment schedule, installment amounts, and payment dates

6. Interest Provisions: Detailed interest calculation method, interest periods, and conditions for interest rate changes if applicable

7. Security: Details of the mortgage (Grundschuld) registration and other security arrangements

8. Disbursement Conditions: Prerequisites and conditions for loan disbursement

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

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

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

12. Early Repayment: Conditions and fees for early repayment (Vorfälligkeitsentschädigung)

13. Costs and Fees: All costs, fees, and charges associated with the loan

14. Final Provisions: Governing law, jurisdiction, severability clause, and form requirements