M O U format for sale of property
Guest
(Querist) 07 February 2010
This query is : Resolved
dear sir / madam,
i am the person reclaiming the property and going to sell it for the seller . I have herewith attached an m o u format giving almost the whole situation as to why it is drafted. would you be able to give some more points or alter it accordingly so that the seller will not go back on their word as their impression is that an M O U cannot be legally challenged if they wish to back out.
Raj Kumar Makkad
(Expert) 07 February 2010
It shall be better if the MOU is witnessed by 2 independent witnesses and it gets registered. One more term should also be inserted viz.
The consequences in case of violation of MOU by either party?????
This MOU is duly enforceable before the competent court of law as it is based on legal terms.
