The Mortgage Indemnity Agreement serves as a critical risk management tool in Singapore's property financing landscape. It is typically used when a third party needs to provide additional security for a mortgage loan, often in cases where the loan-to-value ratio exceeds standard thresholds or where the borrower's profile requires additional support. The agreement details the indemnifier's obligations, claim procedures, and payment terms, all while adhering to Singapore's stringent banking regulations and property laws. This document is particularly relevant in the context of Singapore's property market regulations and the Monetary Authority of Singapore's prudential requirements.
Your data doesn't train Genie's AI
You keep IP ownershipΒ of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let ΊμΠΣΦ±²₯'s market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identifies and defines the indemnifier, lender, and borrower
2. Background: Explains the context of the mortgage and need for indemnity
3. Definitions: Defines key terms used throughout the agreement
4. Scope of Indemnity: Details the extent and limitations of the indemnity coverage
5. Payment Terms: Specifies payment obligations and conditions
6. Representations and Warranties: States parties' confirmations and guarantees
7. Termination: Conditions for ending the agreement
1. Insurance Requirements: Additional insurance obligations - use when specific insurance coverage is required
2. Security Provisions: Additional security arrangements - use when additional collateral is involved
3. Cross-Default: Links to other agreements - use when multiple loan facilities exist
1. Property Details Schedule: Detailed description of mortgaged property
2. Mortgage Terms Schedule: Copy or summary of the underlying mortgage agreement
3. Payment Schedule: Detailed payment terms and dates
4. Required Insurances Schedule: List of required insurance policies and coverage
Authors
Relevant legal definitions
Clauses
Relevant Industries
Relevant Teams
Relevant Roles
Find the exact document you need
Private Home Loan Contract
A Singapore-governed agreement establishing terms for a private home loan, including loan amount, interest, repayment terms, and security arrangements.
find out more
Mortgage Loan Contract
A Singapore-law governed agreement establishing terms and conditions for a secured property loan between lender and borrower.
find out more
Mortgage Indemnity Agreement
A Singapore law-governed agreement protecting lenders against mortgage defaults through third-party indemnification.
find out more
Mortgage Broker Agreement In Principle
A Singapore-governed agreement establishing preliminary terms between a mortgage broker and client, compliant with MAS regulations.
find out more
Land Mortgage Agreement
A Singapore-compliant legal document creating a security interest in real property to secure a loan, subject to Land Titles Act requirements.
find out more
Mortgage Separation Agreement
A Singapore-compliant legal agreement determining how mortgage obligations are handled between separating co-borrowers.
find out more
Joint Mortgage Agreement
A Singapore-governed agreement establishing terms for joint borrowers in a mortgage arrangement, defining shared responsibilities and obligations.
find out more
Third Party Mortgage Agreement
A Singapore law-governed agreement where a third party provides their property as security for another person's loan from a financial institution.
find out more
Mortgage Contract Agreement
A Singapore-law governed agreement establishing property loan terms and security interest between lender and borrower.
find out more
Mortgage Lease Agreement
A Singapore-compliant legal document combining mortgage and lease terms, governing property financing and tenant occupation arrangements.
find out more
Mortgage Assumption Agreement
A Singapore-law governed agreement enabling the transfer of mortgage obligations from one borrower to another while maintaining the original mortgage terms.
find out more
³±π²ΤΎ±±πβs Security Promise
Genie is the safest place to draft. Hereβs how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ³±π²ΤΎ±±πβs 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)