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Sandeep Krishna Bangla explains the concept of a tripartite agreement, commonly found in real estate deals involving a financial institution. This agreement involves three parties - the buyer, seller, and the financial institution. This legal document outlines the terms and conditions of the property deal and must be signed by all three parties involved. Buyers investing in under-construction properties often encounter tripartite agreements, and this video aims to provide a better understanding of how they work.
