The Sale Agreement For Home Loan is a specialized legal document used in Indian property transactions where the purchase is financed through a home loan. This tripartite agreement is essential when a property purchase involves institutional financing, typically used in both residential and commercial real estate transactions. The document combines elements of a standard property sale agreement with specific provisions protecting the lending institution's interests. It includes detailed terms about the property transfer, loan disbursement, repayment obligations, and security creation. The agreement ensures compliance with Indian property laws, banking regulations, and consumer protection requirements, making it particularly important in urban property transactions and structured finance arrangements. It serves as both a sale deed and a loan document, providing a comprehensive framework for the entire transaction.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Details of the seller, purchaser, and the lending institution
2. Background: Context of the transaction, including property identification and loan arrangement
3. Definitions: Key terms used throughout the agreement
4. Property Details: Comprehensive description of the property being sold
5. Purchase Price: Total consideration and payment structure including loan amount
6. Loan Terms: Details of the home loan including amount, interest rate, tenure, and repayment schedule
7. Conditions Precedent: Conditions that must be satisfied before completion
8. Seller's Representations and Warranties: Declarations regarding property title, encumbrances, and legal status
9. Purchaser's Representations and Warranties: Declarations regarding financial capacity and loan eligibility
10. Completion: Process and requirements for completing the sale
11. Post-Completion Obligations: Requirements after sale completion including registration and possession
12. Default and Remedies: Consequences and remedies for breach of agreement terms
13. Indemnification: Mutual indemnities and protections
14. Notices: Process for formal communications between parties
15. Governing Law and Jurisdiction: Applicable law and courts having jurisdiction
16. General Provisions: Standard boilerplate clauses including amendments, severability, and entire agreement
1. Power of Attorney: Required when any party is acting through an authorized representative
2. Construction Specifications: Needed for under-construction properties, detailing construction standards and timelines
3. Society Membership: Required for apartments in housing societies, covering membership transfer terms
4. Escrow Arrangements: Used when payments are handled through an escrow mechanism
5. Third-Party Rights: Needed when there are existing tenants or other third-party interests
6. Joint Ownership Terms: Required when multiple purchasers are involved
1. Property Description Schedule: Detailed legal description of the property including boundaries and measurements
2. Payment Schedule: Breakdown of payment terms including loan disbursement stages
3. Title Documents: List of property ownership and chain of title documents
4. Encumbrance Certificate: Recent encumbrance certificate showing property's legal status
5. Loan Sanction Letter: Copy of the home loan sanction letter from the lending institution
6. Outstanding Payments: List of pending dues, taxes, and charges on the property
7. Handover Checklist: List of items and documents to be handed over at completion
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Banking
Financial Services
Housing Finance
Construction
Legal Services
Relevant Teams
Legal
Real Estate
Mortgage Operations
Compliance
Property Management
Loan Processing
Document Management
Risk Assessment
Relevant Roles
Real Estate Lawyer
Property Lawyer
Legal Counsel
Mortgage Officer
Loan Officer
Real Estate Agent
Property Manager
Legal Document Specialist
Compliance Officer
Housing Finance Manager
Real Estate Transaction Manager
Title Officer
Find the exact document you need
Pre Contract Agreement Car (Finance)
An Indian law-governed preliminary agreement setting out the framework and conditions for a potential car financing arrangement between a lender and prospective borrower.
Download
Mortgage Servicing Agreement
An agreement governing mortgage servicing operations in India, establishing the relationship between lenders and servicers under Indian banking laws.
Download
Letter For Lending Money To Someone
An Indian law-compliant letter document that formalizes a money lending arrangement between parties, detailing loan terms and conditions.
Download
Lending Money Letter
A formal Indian law-compliant document establishing loan terms between parties, including amount, interest, and repayment conditions.
Download
Lending Form
An Indian law-compliant lending form that documents loan agreements between lenders and borrowers, incorporating key regulatory requirements and transaction terms.
Download
Hardware Loan Agreement
An Indian law-governed agreement establishing terms for temporary hardware loans between parties, including usage conditions, maintenance requirements, and return specifications.
Download
Borrow Agreement Form
An Indian law-governed agreement establishing terms and conditions for borrowing arrangements, including loan amount, interest rates, and repayment terms.
Download
Business Loan Broker Agreement
An Indian law-governed agreement establishing terms for loan broking services between a financial intermediary and a business client, including service scope and regulatory compliance requirements.
Download
Borrowing Money Letter
A formal letter document governed by Indian law that establishes loan terms between borrower and lender, serving as a legally binding record of the borrowing arrangement.
Download
Unsecured Personal Loan Agreement
An Indian law-governed agreement for unsecured personal loans, establishing loan terms and parties' obligations without requiring collateral.
Download
Two Wheeler Loan Agreement
An Indian law-governed agreement establishing terms and conditions for two-wheeler vehicle financing, including loan details, security arrangements, and party obligations.
Download
Term Loan Facility Agreement
An Indian law-governed agreement setting out terms and conditions for a term loan facility, including loan amount, interest, repayment, and security arrangements.
Download
Syndicated Facility Agreement
An Indian law-governed agreement establishing terms for a loan provided by multiple lenders (syndicate) to a borrower, detailing facility terms and regulatory compliance requirements.
Download
Simple Mortgage Deed Draft
An Indian legal document creating a charge on immovable property as security for a loan, governed by the Transfer of Property Act, 1882.
Download
Simple Mortgage Agreement
An Indian legal document creating a security interest in real property as loan collateral, governed by the Transfer of Property Act, 1882.
Download
Simple Loan Agreement Form
An Indian law-governed agreement establishing terms and conditions between lender and borrower for a basic loan transaction.
Download
Self Help Group Loan Agreement Form
An Indian jurisdiction agreement establishing loan terms between a financial institution and a Self Help Group, incorporating group liability and microfinance regulations.
Download
Private Loan Agreement For (Real Estate)
An Indian law-governed agreement establishing terms and conditions for private lending secured against real estate property, including loan terms, security arrangements, and enforcement mechanisms.
Download
Peer To Peer Lending Agreement
An RBI-compliant agreement governing peer-to-peer lending transactions in India, establishing terms between lender and borrower through a regulated P2P platform.
Download
Personal Loan Letter
An Indian-law governed letter documenting personal loan terms between parties, including loan amount, interest, repayment schedule, and obligations.
Download
Personal Loan Contract Form
An Indian law-governed contract template establishing terms and conditions for personal loans between financial institutions and individual borrowers.
Download
Personal Loan Agreement Document
An Indian law-governed agreement documenting terms and conditions of a personal loan between lender and borrower, including loan amount, interest, repayment terms, and legal obligations.
Download
Personal Loan Agreement Contract
An Indian law-governed agreement establishing terms and conditions for a personal loan between a lender and borrower, including loan amount, interest, and repayment terms.
Download
Personal Line Of Credit Agreement
An Indian law-governed agreement establishing a personal line of credit facility between a financial institution and an individual borrower, setting out terms for revolving credit access.
Download
Small Loan Contract
An Indian law-governed agreement establishing terms and conditions for a small-scale loan between lender and borrower, including loan amount, interest rates, and repayment terms.
Download
Small Loan Agreement
An Indian law-compliant agreement for documenting small-scale lending arrangements, specifying loan terms, repayment conditions, and security provisions.
Download
Pro Forma Loan Agreement
A standard-form loan agreement template compliant with Indian law and banking regulations, establishing terms for lending transactions.
Download
Loan Car Form
An Indian-compliant legal document establishing terms and conditions for temporary vehicle loans between parties, adhering to Indian motor vehicle and contract laws.
Download
Mortgage Subordination Agreement
An Indian law-governed agreement that establishes priority between multiple mortgages on a property, where one mortgage holder agrees to subordinate their security interest to another.
Download
Family Member Promissory Note
An Indian-law governed promissory note formalizing loan agreements between family members, establishing legally binding terms while preserving familial relationships.
Download
Vendor Finance Loan Agreement
An Indian law-governed agreement establishing terms for vendor financing, including loan details, security arrangements, and party obligations.
Download
Employee Computer Loan Agreement
An Indian law-governed agreement establishing terms for employer-provided computer equipment loans to employees, including repayment and usage conditions.
Download
Acknowledgement Of Debt Agreement
An Indian law-governed agreement formally recognizing a debt obligation between parties, including repayment terms and interest calculations.
Download
Balloon Loan Agreement
An Indian law-governed loan agreement featuring smaller periodic payments with a large final balloon payment, structured under Indian banking and contract laws.
Download
Loan Agreement Between Companies
An Indian law-governed agreement establishing terms and conditions for an inter-company loan, including loan amount, interest, repayment terms, and parties' obligations.
Download
Inter Lender Agreement
An Indian law-governed agreement establishing rights and relationships between multiple lenders in a financing arrangement, compliant with Indian banking regulations.
Download
Overagreement
An Indian law-governed master agreement establishing framework terms for ongoing business relationships and future specific transactions.
Download
Litigation Financing Agreement
An Indian law-governed agreement establishing terms for third-party funding of legal proceedings, including funding commitments, returns, and control mechanisms.
Download
Credit Terms Agreement
An India-governed agreement establishing credit facility terms between lender and borrower, compliant with Indian banking regulations and enforcement mechanisms.
Download
Subordinated Loan Agreement
An Indian law-governed agreement establishing a subordinated loan facility where the lender's claims are contractually subordinate to senior debt obligations.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)