TRIPARTITE AGREEMENT (13 CLAUSES)

India

Updated: Aug 18, 2022

13 clauses


Shenoy Das

Shenoy Das

Solo Practitioner

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Key description

  • A tripartite agreement is a legal document involving three parties: The person willing to buy the property i.e. the buyer; The person willing to sell the property i.e. the seller, builder or developer; and. The institution granting the loan i.e. the bank/financial institution etc.

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Covered clauses

Clauses

  • 1. Tenure of the Agreement

  • 2. Contribution

  • 3. Payment Term

  • 4. Commission to the Agent

  • 5. Profit Sharing

  • 6. Obligation of Builder & Investor

  • 7. Obligation of Agent

  • 8. Project Completion

  • 9. Trade Secret

  • 10. Termination

  • 11. Severability

  • 12. Notices

  • 12. Arbitration

  • 13. Jurisdiction


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