hi i have a land to give on development to a developers in ratio of 55 :45 ( developers : owner ).
I would like to have respectable lawyers anwers to my query.
1) developers would take loan on my property, to develop the site. what remedies can i put i n front of him? or what clause should i mention in agreement that i should not be liable to your loan or liablities .Developers is saying , he would take loan on his share from a the bank . ...if the developers does this ....would my land get in problem ...incase the developer doesnt fulfill his commitment ...in a worst case situation.
2) what is legal protocol or procedure to get in a agreement for the same.
I thank for answering my question.
regards
amrish
(maharashtra)