Sample Loan Contingency Clause (English)

Loan Contingency Clause
This purchase agreement is contingent upon the buyer obtaining loan approval from a financial institution under the following conditions:

Loan Amount: ¥[Insert Amount]

Loan Term: [Insert Years] years

Interest Rate Type: [Fixed / Variable]

Financial Institution: [Insert Bank Name (optional)]

If the buyer is unable to secure loan approval by [Insert Deadline Date], this agreement shall be null and void, and the seller shall promptly return the full amount of the deposit to the buyer with no penalties.

Japanese Translation (参考文例)

ローン特約条項
本売買契約は、買主が以下の条件に基づく住宅ローンの融資承認を金融機関から取得することを条件とする。

融資金額：¥[金額]

融資期間：[年数]年

金利タイプ：[固定／変動]

金融機関：[銀行名（任意）]

買主が[期限日]までに融資承認を得られなかった場合、本契約は無効となり、売主は手付金の全額を遅滞なく買主に返還するものとする。

Always have this clause in writing and signed by both parties.

• The deadline for loan approval is typically 2–3 weeks from the contract date.

• Confirm with your agent or lawyer that this clause is legally binding in the agreement.