Drafting of Tri-Party Agreement

Original price was: ₹15,600.Current price is: ₹10,799.

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What is a Tri-Party Agreement?

A Tri-Party Agreement is a legal contract between three parties — typically a buyer, builder, and bank (or lender).

It ensures that all parties clearly understand their rights and obligations, especially in property transactions involving home loans for under-construction properties. This agreement safeguards the interests of the buyer (you), ensures the builder delivers as promised, and protects the bank that’s financing your purchase.

When do you need it?

You’ll need a Tri-Party Agreement when:

  • Booking an under-construction property with a bank loan, where the builder has to complete the project before handing it over.
  • Participating in joint development or redevelopment projects, where landowners, developers, and financiers come together.
  • Ensuring smooth disbursal of loan amounts by your bank, which often makes this agreement mandatory.

How Namma Swathu helps you?

We make sure your Tri-Party Agreement is well-drafted, protects your interests, and meets all compliance needs.

Understand the details of your project, payment milestones, and roles of each party.

Draft a customized agreement that spells out responsibilities, construction timelines, penalty clauses, and handover conditions.

Ensure the document meets banking requirements for loan disbursement and safeguards against common issues like project delays or builder defaults.

Guide you through stamp duty norms and signing formalities so the agreement is legally enforceable.

Typical flow of the consultation

Discuss Deal & Loan Terms

Draft Tailored Tri-Party Agreement

Review with Builder & Bank 

Guide on Stamping & Execution

Common FAQs

Is a Tri-Party Agreement compulsory?

For most under-construction property loans, yes — banks insist on it to secure their funding.

No. It’s an additional layer that ties together the Sale Agreement and the bank’s sanction terms.

Usually shared or as negotiated. We help ensure fair terms in your document.

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