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Rajinder Kumar Arora (Advocate)     18 January 2021

Commercial contract or property transfer agreement

How can we classify a Tripartite Agreement between Purchaser, Developer and NBFC/Bank? Whether it is a commercial contract or property transfer agreement? Whether registration of TPA is obligatory?


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SHIRISH PAWAR, 7738990900

SHIRISH PAWAR, 7738990900 (Advocate)     18 January 2021

Hello,

Property purchased through a tripartite agreement has to be registered with the sub-registrar office by paying stamp duty and registration charges. 

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Rajinder Kumar Arora

Rajinder Kumar Arora (Advocate)     18 January 2021

Thank you, Sir! Any caselaw?


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