Property
3 years ago
On the basis of mou we can claim rights on that property which we want to be buy?
A.Dear Sir
No, MoU creates only terms between two or more parties . it must be followed by power of attorney etc
Please give me RANK FIVE {5} if my answer satisfies you.
No, MoU creates only terms between two or more parties . it must be followed by power of attorney etc
Please give me RANK FIVE {5} if my answer satisfies you.
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sanjay panda
Responded 3 years ago
A.Dear Client
MOU only certify that there were some understanding between both parties where in violation parties can claim damage compensation or any other relief specifically agreed in MOU and if it comes under such type of property which can not be compensated rather performance required. then you can claim your right under specific relief act.
However ownership on immovable property only can be claimed through registered sale deed/conveyance deed .
MOU only certify that there were some understanding between both parties where in violation parties can claim damage compensation or any other relief specifically agreed in MOU and if it comes under such type of property which can not be compensated rather performance required. then you can claim your right under specific relief act.
However ownership on immovable property only can be claimed through registered sale deed/conveyance deed .
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