Insights into Company Bills & Payments
Agreements

Tripartite agreement

Three-party agreement between buyer, builder or seller and the lending bank when the loan is paid out directly.

For: Buyer

What's included

  • Drafting in the format lenders accept
  • Coordination with the builder
  • Review of bank clauses

Documents usually needed

  • Sanction letter
  • Allotment letter / agreement to sell
  • ID proof

More agreements