Raja Sundarraman
30 December 2009 at 14:49
Respected Learned friends , i am in process of drafting of an MOU the contents of which of a property management agreement in nature. I am of the POpinion that the nomenclature of the agreement /MOU is not in any way going to affect the rights and oblications of the parties thereto .The position being the the consideration received towards the rent of the property to be advanced by the property Manager to the Owner of the propertyby way of Gold in lieu of the payments.Hence, i name it MOU instead of Property Management Agreement. Please give your valuable opinion. With Regards.
Sunita
28 December 2009 at 15:19
Can I and my husband make a joint will? In effect we want our property to go to each other after the demise of one.
After demise of both, we want to lay out the procedure for distribution of our assets to our two daughters.
We have one flat in my husband's name and one shop in my name. Apart from this we have one flat in joint names of myself, my husband, and the elder daughter.
Anonymous
27 December 2009 at 15:26
Sir/s
How to cancel a sale deed with regard to only one extent in a survey number. is it possible or valid in tamil nadu. if we cancel with regard to one extent what is the possition/validity of other extents/ properties conveyed under the same sale deed..... please explain or give me the solution for the cancellation of particular property, advice
Anonymous
27 December 2009 at 14:16
Hi all
one of my client has this problem that my client has a property of 10 cents in lets say in s.no.10/2B, my client has the title document for that property in 1979, he has no patta for that but has A register, chitta and adangal for that property. Now ec shows that the same property is owned by X who has done a document in 2006 for the same property i.e. 8 cents in s.no.10/2B, now my client has entered into an agreement for the property with Z, he come across the problem in ec.... i have no idea with the above problem please advice
RAMANI
26 December 2009 at 10:31
Can you please tell me what is deed of Assignment. As far as i know Deed of Assignment is only for transfer of Trade mark by the selling company to purchasing TM company, am i right or it refers to something else
sundararajan
25 December 2009 at 11:09
I am a south indian recently relocated to mumbai.
I am staying in MIRA road in mumbai. Recently I have seen a new flat for rental purposed in the same area. I have paid Rs 15000 as rental advance/deposit and the leave and license agreement was prepared(two copies - one original registered and duly attested by notary and another one copy for tenant).
The advance was paid on 9th December 2009.
The owner said he will come next day for the NOC(in mumbai NOC from the area police station is compulsory for rentals. Tenant has to submit his ID,Adress proof, educational and employment documents.After verifying police will grant NOC. For this both tenant and owner should go to the police station).
But the owner did not turn up for the next 10 days nor he informed over phone. So with doubt , I approached the housing society and came to know his mother expired and he went to his native.
On 21st Dec he called the broker and informed that his mother expired and he will refund the advance on 22nd. But again he didnt turn so far.
His residential address filled in the agreement is incomplete. We could not locate his address. His phone no is temporarily dis connected.
Please guide in the above case to recover my deposit.
Note :
I could not occupy the house without NOC from police station . So I have shifted to another house.
I have the registered copy of the agreement as well the second copy.
In the registered copy he has signed in a revenue stamp for the receipt of advance and he has given his right thump impression on his photo.
Are these evidences enough?
Anonymous
24 December 2009 at 10:45
Further to my query, can equitable mortgage be created by a financial institution on agricultural land for a loan (as per RBI guidelines the same is treated as Indirect Agri finance)granted by the bank to a corporate firm in Mahdya Pradesh. That is to say, can EM on agri land be created in MP for a agri loan granted to a corporate?
g v venkatarao
23 December 2009 at 20:20
Sir
my uncle purchased an Apartment from Mr A and Sale deed registered in favor of him on 15-04-08 but from that day omwards on mutual consent Mr A is not vacated the Apartment and paying monthly rent to my uncle and they didnot written any lease agreemet. So please suggest me what precautions we shall take so that we will not face any legal complications in future(As the previos owner did not handed over possession of the property)
Anonymous
23 December 2009 at 15:00
WHENEVER U DRAFT ANY AGREEMENT , WE COME ACROSS PROBLEMS LIKE PARTIES BELONGING TO FOREIGN COUNTERIES TEND TO KEEP THE APPLICABLE LAW AS APPLICABLE IN THEIR COUNTRY OR KEEP THE PLACE OF ARBITRATION IN THEIR COUNTRY . HOW TO COUNTER THIS. ALSO,WHILE DRAFTING NDA/CA THEY GENERALLY KEEP DAMAGES OR EQUITABLE RELIEF INCLUDING MONETARY RELIEF. HOW SHOULD WE COUNTER THIS.
REGARS
RAVI ARORA
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