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.
