Real Estate Mortgage Agreement Template for New Zealand

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