Source: https://www.bestitalianmortgage.com/italian-credit-brokerage-agreement/
Timestamp: 2020-07-11 03:43:24
Document Index: 686025805

Matched Legal Cases: ['ART. 1', 'ART. 2', 'Art. 10', 'ART. 3', 'Art. 10', 'ART. 4', 'ART. 5', 'ART. 6', 'ART. 7', 'ART. 8', 'ART. 9', 'ART. 10', 'Art. 3', 'ART. 11', 'Art. 9', 'ART. 12', 'ART. 13', 'Art. 3', 'art. 5', 'art. 7', 'art. 10']

Italian Credit Brokerage Agreement | Best Italian Mortgage
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Italian Credit Brokerage Agreement
This is a sample of the Italian credit brokerage agreement which is required under Italian law that we will issue to you if we believe that we will be able to obtain an Italian mortgage for you.
Mr./ Company Name ……………………………………….. ,
place of birth ……………………………..
date of birth ………………………,
resident/based in……………………………………………….,
country……………………………………………………….,
tax code/ VAT N. (if possessed)…………………………………………………..
in the person of its legal representative, hereinafter referred to as “Client” on his own and on behalf of any other participant in the requested transaction
GIVES MANDATE OF CREDIT BROKERAGE
to Best Italian Mortgage a brand of Best French Mortgage Ltd, a Euro mortgage brokerage whose registered office is 227A West Street, Fareham, Hampshire, PO16 0HZ, UK.
In reference to the mandate, the parties agree as follows:
Brokerage commissions calculated on the granted capital: …………% (……………………..percentage)
Preliminary investigation costs ………… (…………………………..)
Any expenses, as a penalty: no more than € 500 (five hundred EUR)
before deliberation: € 0,00 (zero/00)
after deliberation: no more than € 500,00 (five hundred/00)
Term of contract/Terms of accomplishment of the service: months ………………
ART. 1 Scope of Agreement
The present Agreement pertain to Credit Brokerage with the aim of the grant, by banks or financial intermediaries to Client, of a loan in whatever form, as defined by the current regulation.
ART. 2 Term and Termination
The present Agreement will remain in effect for …………………. months from the date of its signing and will be at any time revocable for that period; if Client should withdraw from the contract before its term, but subsequently to positive deliberation of the requested operation, he/she will be required to pay to Credit broker for the amount of the penalty as described at Art. 10.
BestItalianMortgage.com reserve the right to waive their mandate, by registered letter to the requesting Client only, at any time and without generating any indemnity or compensation for Client.
The present Agreement will be automatically terminated at the date of its expiry, without any need of notice by either party.
ART. 3 Exclusive Right
Referring to this mandate, the parties agree that the same is given with/without Exclusive Right for BestItalianMortgage.com; Client will be required to pay for the amount of the penalty as described at Art. 10, in case of non-compliance with the referred above Exclusive.
ART. 4 Terms of service execution
a) Client allows Credit broker to immediately implement the brokerage Agreement.
b) Credit broker guarantees to accomplish his/her activities within the expiring date of the brokerage Agreement.
ART. 5 Duties of Client
a) Client declares that information, data and documents provided are corresponding to the truth; otherwise, Client will
be required to take charge of all civil and penal responsibilities, keeping FIDEA SRL undamaged by any possible effect
deriving from unlawful conduct.
b) Client explicitly declares that he/she has no protests, pending criminal proceedings, foreclosures and/or enforcement
proceedings in progress, advisories for late payments.
ART. 6 Duties of Credit broker
a) Credit broker has to adapt his/her inquiry activity on Client’s financial status and on the extent of the requested loan.
b) Credit broker has also to act diligently, honestly and in a bona-fide way, providing his/her service simply and clearly, in accordance with transparency provisions.
c) Credit broker guarantees the respect of professional confidentiality.
ART. 7 Liability of Credit Broker
a) Client acknowledges that should the financing be refused by banks or financial intermediaries, Credit broker is not required to inform him/her either about generic or specific reasons for refusal.
b) Client also acknowledges that Credit broker shall not be considered responsible for any activity carried out by banks or financial intermediaries, even if the request for financing should be refused or delayed.
ART. 8 Commission
Client, having discretionally decided to rely on Credit broker, commit him/herself to pay for a commission of ……..% based on the capital financed by banks or financial intermediaries.
ART. 9 Costs
Client is required to pay preliminary investigation costs for € ……………… as signing this Agreement; should the loan agreement not be accomplished, that amount will be kept by FIDEA SRL as a compensation for the carried out activities.
ART. 10 Penalty
Client is required to pay a penalty of a not exceeding amount of € 500,00 (five hundred), should he/she withdraw from the contract before its term, but subsequently to positive deliberation of the requested operation, and/or in case of violation of the Exclusive Right as described at Art. 3.
ART. 11 Right of Withdrawal
Client has the right to withdraw from the present Agreement at any time by registered letter; in that case, Client may be charged with expenses incurred by Credit broker, as described at Art. 9.
ART. 12 Disputes and competent Court
In case of disputes referring to this Credit Brokerage Agreement, the competent Court will exclusively be that of Fermo. Should Client be qualified as a Consumer, the competent Court will be that of Client’s place of residence.
ART. 13 Consent for the treatment of personal data
Client express his/her consent to the treatment of personal data according to Legislative Decree 196/2003 and subsequent amendments; the data will be used for the execution of the brokerage activities and for the related purposes.
Place ………………………………………………….., Date ………………………………..
Client Credit Broker
I hereby declare to explicitly approve, pursuant and in accordance with articles 1341 and 1342 of Civil Code, clauses referred to at Art. 3 (Exclusive Right) – art. 5 (Duties of Client) – art. 7 (Liability of Credit Broker) – art. 10 (Penalty);
I hereby declare to have received a copy of this Agreement, of the Fact Sheet, and of the Notice to Clients