Memorandum of understanding
shreepad
(Querist) 21 November 2014
This query is : Resolved
hi.
my query is Developer entered memorandum of understanding (MOU) with landowners in the year 17/2/2012. some amount also paid on that day. without co-operation from land owners side and pending legal clearance , builder simply waiting. now that landowners sale the land to some other person now 12.11.2014. now what is remedy to builder? please suggest the same.
ajay sethi
(Expert) 21 November 2014
how are you concerned with builder interests ? builder can afford legal fees
Devajyoti Barman
(Expert) 21 November 2014
how are you connected with this query/
Rajendra K Goyal
(Expert) 21 November 2014
Consult local lawyer and show him all the documents.
Raj Kumar Makkad
(Expert) 21 November 2014
Such builder has already invited risk at his cost and expenses hence he can do nothing except to demand his money with interest.