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Tripartite Transfer of a Home Loan on Resale

At a glance

Price
₹399 · GST included
Stamp duty
Chargeable as an agreement not otherwise provided for (Art.5, Sch.I-A, Punjab/Chandigarh) — ask the Sub-Registrar (tehsil, or UT Chandigarh Sector 17) for the figure first.
Registration
Not automatically required for a coordination agreement, but any mortgage, assignment or property instrument that is compulsorily registrable must still follow its own registration requirements.
Witnesses
All principal signatories should execute; the lender's own document set may require witnesses even though this coordination agreement does not independently.

₹399

GST included

Launch period: downloads are free for now. The prices shown apply once payments open.

Guided questions, full draft on screen, download in Word.

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Also called

  • home loan resale tripartite agreement
  • loan takeover on allotment resale
  • lender-promoter resale agreement

Whether you can fill this in here

You can fill this in here

You can fill this one in on this site, and read the whole draft on screen before you decide anything about it. It is a carefully drafted template; it is not advice about your own facts.

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Why you need it

When you need it

For reselling an under-construction unit where the outgoing allottee still has a home loan and the incoming buyer is also financing. Three steps must line up: the outgoing lender's payoff, the promoter's substitution, and the incoming lender's disbursement. Records the payoff statement, sanction, disbursement waterfall and reversal mechanics — doesn't itself discharge or create a mortgage. Without it, proceeds can be paid before substitution, or the old charge left outstanding.

See stamp duty, registration and witnesses

What follows is written for Punjab and Chandigarh. It states the position there rather than describing how it varies, so the amounts below are the ones that apply — worth confirming at the sub-registrar’s office, because rates change. If the property is anywhere else in India, none of this is yours.

Stamp duty

Chargeable as an agreement not otherwise provided for (Art.5, Sch.I-A, Punjab/Chandigarh) — ask the Sub-Registrar (tehsil, or UT Chandigarh Sector 17) for the figure first. Neither the incoming lender's mortgage nor the outgoing lender's release — each separately stamped. Stamp before/at signing (s.17); unstamped, inadmissible until duty+penalty paid (s.35).

Registration

Not automatically required for a coordination agreement, but any mortgage, assignment or property instrument that is compulsorily registrable must still follow its own registration requirements.

Notarisation

Not required for an allotment/booking transfer; doesn't replace registration where the operative instrument needs it.

Witnesses

All principal signatories should execute; the lender's own document set may require witnesses even though this coordination agreement does not independently.

Talk to a lawyer about this document₹3,539 including GST (₹2,999 + 18% GST), per documentRequest Stamp Paper

Sample preview — placeholder answers, not your data

TRIPARTITE TRANSFER OF A HOME LOAN ON RESALE

Agreement date: 1 April 2026

Outgoing allottee: Harpreet Singh, Sector 35, Chandigarh. Incoming allottee: Aarav Sharma, Sector 21, Panchkula. Promoter: ABC Developers Pvt Ltd, Airport Road, SAS Nagar, Punjab.

Project: ABC Heights. RERA no.: PBRERA-SAS79-PR0123. Unit: Tower B, Apartment 804, Apartment/flat - 3 BHK apartment, 1,850 sq ft super area, one basement parking right..

Original booking price: ₹1,20,00,000 (Rupees One Crore Twenty Lakh only). Paid to promoter: ₹60,00,000 (Rupees Sixty Lakh only). Promoter balance: ₹60,00,000 (Rupees Sixty Lakh only).

  1. OUTGOING LOAN

Outgoing lender: ABC Bank Ltd. Loan reference: Home loan ending 1188. Payoff amount: ₹35,00,000 (Rupees Thirty Five Lakh only), valid until 2 April 2026.

  1. INCOMING FINANCE

Incoming lender: XYZ Housing Finance Ltd. Sanction: ₹70,00,000 (Rupees Seventy Lakh only). Disbursement route: Incoming lender pays outgoing lender directly up to payoff amount and balance follows closing instructions. Details: ₹35 lakh to ABC Bank; ₹25 lakh to promoter; balance to transferor after substitution..

Questions about this document

Does the Tripartite Transfer of a Home Loan on Resale need stamp paper or stamp duty in Punjab and Chandigarh?

Chargeable as an agreement not otherwise provided for (Art.5, Sch.I-A, Punjab/Chandigarh) — ask the Sub-Registrar (tehsil, or UT Chandigarh Sector 17) for the figure first. Neither the incoming lender's mortgage nor the outgoing lender's release — each separately stamped. Stamp before/at signing (s.17); unstamped, inadmissible until duty+penalty paid (s.35).

Does the Tripartite Transfer of a Home Loan on Resale need registration in Punjab and Chandigarh?

Not automatically required for a coordination agreement, but any mortgage, assignment or property instrument that is compulsorily registrable must still follow its own registration requirements.

What does the Tripartite Transfer of a Home Loan on Resale cost on Kaagazaat?

₹399, GST included.

Launch period: downloads are free for now. The prices shown apply once payments open.

Does the Tripartite Transfer of a Home Loan on Resale need witnesses?

All principal signatories should execute; the lender's own document set may require witnesses even though this coordination agreement does not independently.

Often needed with this document

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