Legal Question in Real Estate Law in India

1)i m staying at kandivali east

2. my building is built up in 1977

3. we have 50 flat n 3 wing 20 20 10

4. four story each.

5. we have original share certificate only no agreement and building is develope by trust and given on no profit loss based by trust.

6. right now we want to go for redevlopment but we hav folling problem

a. we have only share certificate.

b. our trust s ready to give sign whr ever required

c. trust have purchased a land from party one (u can say xyz)

d. xyz had purchased a land from abc.

e. now abc have file case in court to trust and claiming some thing which we dont knw.

f. our teust is saying tht we have pruchased land from xyz and we have agreement and convencey on same, we have no document of same.

7. we are planning to go for redovlopment with sme builder he is telling I will take care and bring noc from abc owner and do mou first

so wht to do pls let me knw wht to do before going mou

a key point of mou and redevlope agreement

thanks


Asked on 4/25/11, 2:49 am

2 Answers from Attorneys
KarVai Legal Solutions Rajiv Gupta 9811284735 Ch.No: 359, Western Wing, Tis Hazari, Delhi www.karvai.in

memorandum of understanding is a agreement which converge the will of parties so what u shuld do,chek the document before signing it and do make addition or deletion if u r nt satisfied with the clauses.

Read more
Answered on 5/07/11, 1:14 am
KarVai Legal Solutions Rajiv Gupta 9811284735 Ch.No: 359, Western Wing, Tis Hazari, Delhi www.karvai.in

memorandum of understanding is a agreement which converge the will of parties so what u shuld do,chek the document before signing it and do make addition or deletion if u r nt satisfied with the clauses.

Read more
Answered on 5/07/11, 1:14 am


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