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The Mortgage Broker Agreement is essential for establishing professional relationships between licensed mortgage brokers and their clients in Ireland. This document is used when a client engages a mortgage broker to assist in securing mortgage financing, whether for residential or commercial properties. The agreement must comply with Irish financial services regulations, particularly those set by the Central Bank of Ireland, including the Consumer Protection Code and the European Union (Consumer Mortgage Credit Agreements) Regulations 2016. It covers crucial aspects such as service scope, fee structures, broker obligations, client responsibilities, and regulatory compliance requirements. The document is designed to protect both parties while ensuring transparency and adherence to Irish financial services laws and regulations.

1. Parties: Identifies the mortgage broker and the client, including full legal names, addresses, and registration/license numbers

2. Background: Explains the context of the agreement, the broker's regulatory status, and the client's intention to engage the broker's services

3. Definitions: Defines key terms used throughout the agreement, including regulatory terms and service-specific terminology

4. Scope of Services: Details the mortgage broking services to be provided, including mortgage research, advice, and application assistance

5. Broker's Obligations: Sets out the broker's duties, including regulatory compliance, due diligence, and service standards

6. Client's Obligations: Specifies client responsibilities, including providing accurate information and necessary documentation

7. Fees and Commission: Details the fee structure, commission arrangements, and payment terms

8. Regulatory Compliance: Addresses compliance with Irish financial regulations and Central Bank requirements

9. Confidentiality and Data Protection: Covers handling of client information in compliance with GDPR and data protection laws

10. Duration and Termination: Specifies the term of the agreement and circumstances for termination

11. Liability and Indemnification: Outlines the broker's liability limitations and indemnification provisions

12. Complaints Procedure: Details the process for handling client complaints as per regulatory requirements

13. Governing Law: Confirms Irish law as governing law and jurisdiction