The Seller Financing Agreement is utilized when traditional bank financing is either unavailable or undesirable, and the seller is willing to accept periodic payments rather than a full upfront payment. Common in real estate and business asset sales in Denmark, this document type must comply with Danish financial regulations and property laws. The agreement includes comprehensive details about the financing terms, security arrangements, and both parties' obligations. A well-structured Seller Financing Agreement is crucial for protecting both parties' interests and ensuring compliance with Danish legal requirements, particularly the Credit Agreements Act (Kreditaftaleloven) and the Registration of Property Act (Tinglysningsloven). The document is especially relevant in situations where sellers wish to generate ongoing income through interest payments or where buyers face challenges accessing traditional financing options.
Create a bespoke document in minutes, or upload and review your own.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Key Requirements PROMPT example:
Seller Financing Agreement
I need a Seller Financing Agreement under Danish law for the sale of my commercial warehouse property in Copenhagen, with a 20% down payment and the remaining balance to be paid over 10 years, starting March 2025, with quarterly payments and an annual interest rate of 5%.
1. Parties: Identification of the seller/creditor and buyer/debtor with full legal names, addresses, and registration numbers if applicable
2. Background: Context of the transaction, including description of the property/asset being sold and reason for seller financing arrangement
3. Definitions: Key terms used throughout the agreement, including financial terms, property descriptions, and technical terminology
4. Purchase Price and Financing Terms: Total purchase price, down payment amount, and detailed structure of the seller financing arrangement
5. Interest Rate and Calculations: Specified interest rate, calculation method, and frequency of interest accrual in compliance with Danish Interest Act
6. Payment Terms: Payment schedule, installment amounts, payment methods, and due dates
7. Security and Collateral: Description of security interests, including mortgage or charge over the property/asset
8. Representations and Warranties: Statements of fact and promises by both parties regarding their capacity and authority
9. Default and Remedies: Events constituting default and available remedies, including acceleration rights
10. Registration and Notices: Requirements for registration of security interests and process for serving notices
11. Governing Law and Jurisdiction: Confirmation of Danish law as governing law and jurisdiction for disputes
1. Early Repayment Provisions: Terms for early repayment of the loan, including any penalties or calculations - include if early repayment is permitted
2. Insurance Requirements: Specific insurance requirements for the property/asset - include if the financed asset requires insurance protection
3. Transfer and Assignment: Rules regarding transfer of rights under the agreement - include if transfers are to be permitted
4. Tax Considerations: Allocation of tax obligations - include if there are specific tax implications to be addressed
5. Property Maintenance: Requirements for maintaining the property/asset during the financing period - include for real estate or valuable assets
6. Death or Incapacity: Provisions dealing with death or incapacity of either party - include when parties are individuals
7. Subordination: Terms regarding subordination to other financing - include if other financing exists or is contemplated
1. Payment Schedule: Detailed amortization schedule showing payment dates, amounts, and interest calculations
2. Property Description: Legal description of the property or detailed description of the asset being financed
3. Property Valuation: Independent valuation or agreed value of the property/asset
4. Form of Security Document: Template or copy of the security document (mortgage deed, charge, etc.)
5. Insurance Requirements: Detailed insurance specifications and minimum coverage requirements
6. Condition Report: Current condition of the property/asset at time of agreement
7. Required Notices: Templates for required notices under Danish law
Authors
Relevant legal definitions
Agreement
Annual Percentage Rate (APR)
Applicable Law
Business Day
Buyer
Closing Date
Collateral
Default Event
Default Interest Rate
Down Payment
Due Date
Early Repayment
Effective Date
Encumbrance
Event of Default
Final Payment Date
Financial Statements
Financing Amount
Governing Law
Initial Payment
Installment Payment
Interest Period
Interest Rate
Late Payment Fee
Loan Term
Material Adverse Change
Maturity Date
Mortgage
Notice
Outstanding Balance
Parties
Payment Date
Payment Schedule
Permitted Encumbrances
Principal Amount
Property
Purchase Price
Registry
Repayment Schedule
Security
Security Documents
Security Interest
Seller
Signing Date
Term
Transaction Documents
Transfer
Annual Percentage Rate (APR)
Applicable Law
Business Day
Buyer
Closing Date
Collateral
Default Event
Default Interest Rate
Down Payment
Due Date
Early Repayment
Effective Date
Encumbrance
Event of Default
Final Payment Date
Financial Statements
Financing Amount
Governing Law
Initial Payment
Installment Payment
Interest Period
Interest Rate
Late Payment Fee
Loan Term
Material Adverse Change
Maturity Date
Mortgage
Notice
Outstanding Balance
Parties
Payment Date
Payment Schedule
Permitted Encumbrances
Principal Amount
Property
Purchase Price
Registry
Repayment Schedule
Security
Security Documents
Security Interest
Seller
Signing Date
Term
Transaction Documents
Transfer
Clauses
Purchase and Sale
Financing Terms
Payment Terms
Interest Rate
Security Interest
Property Transfer
Title and Ownership
Representations and Warranties
Covenants
Conditions Precedent
Registration
Default
Remedies
Early Repayment
Insurance
Assignment and Transfer
Force Majeure
Notices
Amendment
Severability
Entire Agreement
Governing Law
Dispute Resolution
Termination
Indemnification
Tax
Costs and Expenses
Confidentiality
Further Assurance
Counterparts
Financing Terms
Payment Terms
Interest Rate
Security Interest
Property Transfer
Title and Ownership
Representations and Warranties
Covenants
Conditions Precedent
Registration
Default
Remedies
Early Repayment
Insurance
Assignment and Transfer
Force Majeure
Notices
Amendment
Severability
Entire Agreement
Governing Law
Dispute Resolution
Termination
Indemnification
Tax
Costs and Expenses
Confidentiality
Further Assurance
Counterparts
Relevant Industries
Real Estate
Commercial Property
Residential Property
Business Sales
Asset Finance
Manufacturing
Retail
Agriculture
Professional Services
Construction
Relevant Teams
Legal
Finance
Real Estate
Commercial
Risk Management
Credit
Corporate Development
Business Development
Property Management
Compliance
Relevant Roles
Legal Counsel
Finance Director
Real Estate Manager
Business Development Manager
Commercial Director
Property Manager
Risk Manager
Credit Manager
Contract Administrator
Chief Financial Officer
Business Owner
Real Estate Agent
Corporate Lawyer
Transaction Manager
Asset Manager
Find the exact document you need
Loan Agreement Between Companies
A Danish law-governed agreement establishing terms and conditions for a corporate loan between two companies, including loan amount, interest, repayment terms, and parties' obligations.
find out more
Cash Loan Simple Loan Agreement
Danish law-governed simple loan agreement template for documenting cash loan transactions, incorporating essential provisions required under Danish financial regulations.
find out more
Generic Loan Agreement
Danish law-governed loan agreement template for documenting lending arrangements with standard financing terms and conditions.
find out more
Standard Loan Agreement
Danish law-governed loan agreement setting out terms, conditions, and obligations for lending arrangements between parties.
find out more
Seller Financing Agreement
A Danish law-governed agreement where the seller provides financing to the buyer for property or asset purchases, detailing payment terms, security, and obligations.
find out more
Loan Agreement Term Sheet
A Danish law term sheet outlining key commercial and legal terms for a proposed loan facility, serving as the basis for the final loan agreement.
find out more
Seller Financing Real Estate Contract
A Danish law-governed agreement combining property sale and seller financing terms, establishing both property transfer and credit arrangement provisions.
find out more
Mezzanine Loan Agreement
Danish law-governed agreement for subordinated debt financing, establishing terms for mezzanine loans including security, covenants, and intercreditor provisions.
find out more
Loan Forbearance Agreement
A Danish law-governed agreement that modifies existing loan terms to provide temporary relief to borrowers through adjusted payment conditions.
find out more
Simple Loan Agreement Between Friends
A Danish law-compliant loan agreement template for formalizing personal lending arrangements between friends, establishing clear terms while maintaining relationship-friendly provisions.
find out more
Common Loan Agreement
A Danish law-governed agreement establishing terms and conditions for a loan arrangement between lender and borrower, including key financial and legal obligations.
find out more
Permanent Loan Agreement
Danish law-governed agreement establishing terms for a permanent loan arrangement, including financial conditions and ongoing obligations.
find out more
Installment Credit Agreement
Danish law-governed credit agreement establishing terms for installment-based borrowing, compliant with Danish and EU consumer credit regulations.
find out more
Project Loan Agreement
Danish law-governed agreement setting out terms and conditions for project-specific loan facilities, including drawdown, repayment, and security arrangements.
find out more
Royalty Loan Agreement
Danish law-governed financing agreement combining traditional loan elements with revenue-based royalty payments for loan repayment.
find out more
Loan Agreement Between Friends
Danish-law compliant loan agreement template for friendly lending arrangements, balancing legal protection with informal relationship dynamics.
find out more
Funding Term Sheet
A preliminary investment agreement outline under Danish law that sets forth the key terms and conditions for a proposed company funding round.
find out more
Bond Loan Agreement
Danish law-governed agreement establishing terms and conditions for bond issuance, including payment terms, security arrangements, and bondholder rights.
find out more
Senior Loan Agreement
Danish law-governed agreement establishing terms and conditions for a senior loan facility between financial institutions and corporate borrowers.
find out more
Online Loan Agreement
Danish law-compliant online loan agreement template with digital execution provisions and regulatory compliance features.
find out more
Interim Loan Agreement
A Danish law-governed agreement establishing terms for temporary financing, including loan amount, interest rates, and repayment conditions.
find out more
Construction Loan Agreement
Danish law-governed agreement establishing terms for construction project financing, including loan terms, construction requirements, and security arrangements.
find out more
Capital Loan Agreement
A Danish law-governed agreement establishing terms and conditions for capital financing between a lender and borrower, including loan amount, interest, repayment, and security provisions.
find out more
Private Mortgage Loan Agreement
A Danish law-governed agreement establishing terms and conditions for a private mortgage loan secured against real property in Denmark.
find out more
Debt Financing Agreement
Danish law-governed agreement establishing terms and conditions for debt financing, including loan terms, security arrangements, and regulatory compliance requirements.
find out more
Tool Loan Agreement
A Danish law-compliant agreement governing the temporary loan of tools or equipment, establishing terms for usage, maintenance, and return.
find out more
Stock Loan Agreement
Danish law-governed agreement establishing terms for securities lending transactions between parties, including collateral arrangements and regulatory compliance requirements.
find out more
Commercial Loan Agreement
Danish law-governed agreement establishing terms for a commercial loan between a lender and business borrower, including loan terms, security, and enforcement provisions.
find out more
Corporate Loan Agreement
Danish law-governed agreement setting out terms for corporate borrowing from financial institutions, including loan terms, security, and compliance requirements.
find out more
Non Recourse Loan Agreement
Danish law-governed loan agreement limiting the lender's recovery rights to specific collateral assets only.
find out more
Vendor Loan Agreement
A Danish law-governed agreement where a seller provides financing to a buyer for part of a purchase price, setting out loan terms and security arrangements.
find out more
No Interest Loan Agreement
Danish law-governed agreement for an interest-free loan, detailing principal amount and repayment terms while ensuring compliance with Danish contract law.
find out more
House Loan Agreement
Danish law-governed agreement establishing terms and conditions for a property loan between a financial institution and borrower, incorporating Danish banking and consumer protection requirements.
find out more
Secured Loan Agreement
A Danish law-governed agreement establishing terms for a secured loan facility, including security arrangements and enforcement rights under Danish law.
find out more
Intra Group Loan Agreement
Danish law-governed loan agreement between related group entities, setting out terms for intra-group financing in compliance with Danish legal requirements.
find out more
Subordinate Loan Agreement
Danish law governed agreement establishing terms for subordinated debt financing, including subordination provisions and regulatory compliance requirements.
find out more
Term Loan Agreement
A Danish law-governed agreement establishing terms and conditions for a fixed-term loan facility between lender and borrower, incorporating Danish financial regulations and market practices.
find out more
Loan Master Agreement
A Danish law-governed master agreement establishing the framework for lending arrangements between financial institutions and borrowers, including key terms and regulatory compliance requirements.
find out more
Loan With Collateral Agreement
A Danish law-governed agreement establishing terms for a secured loan, including collateral arrangements and enforcement rights.
find out more
Credit Loan Agreement
A Danish law-governed agreement establishing terms for credit provision between lender and borrower, compliant with Danish financial regulations and EU directives.
find out more
Business Loan Agreement
A Danish law-governed agreement establishing terms and conditions for a business loan between a financial institution and a business borrower.
find out more
Seller Financing Contract
A Danish law-governed agreement where the seller provides financing for the buyer's property purchase, combining sale and loan terms.
find out more
Owner Finance Contract
Danish law agreement for property purchase with seller-provided financing, combining property transfer and loan terms.
find out more
Loan Assumption Agreement
A Danish law agreement transferring loan obligations from an original borrower to a new borrower, with lender's consent and in compliance with Danish financial regulations.
find out more
Loan Agreement Contract
A Danish law-governed agreement setting out terms and conditions for a loan between lender and borrower, including loan amount, interest, repayment terms, and parties' rights and obligations.
find out more
Intercompany Loan Agreement
Danish law-governed agreement setting out terms for loans between related companies within the same corporate group, including financial terms and regulatory compliance requirements.
find out more
Equipment Loan Agreement
Danish law-governed agreement establishing terms and conditions for temporary equipment loans, including maintenance, liability, and return requirements.
find out more
Car Loan Agreement
A Danish law-governed agreement setting out terms and conditions for vehicle financing, including loan details, security interests, and borrower obligations.
find out more
Download our whitepaper on the future of AI in Legal
By providing your email address you are consenting to our Privacy Notice.
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s 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
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our Trust Centre for more details and real-time security updates.
Read our Privacy Policy.