Legal Question in Real Estate Law in India

i am buying a 10000 sq .ft land from my uncle and hetold instead of registering, we shall do MOU. what is this MOU?????


Asked on 5/19/14, 10:12 pm

1 Answer from Attorneys
Fca Prashant Chavan Expert Edge LLP

20.05.2014

Dear Sir / Madam,

You should make an Agreement for Sale to be signed by your Uncle as the Seller and you as the Buyer, pay the Stamp Duty thereon, and register the document transferring the title of the land in your name. An MOU is meaningless.

Regards,

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Answered on 5/19/14, 10:40 pm


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