Pre emi offer and legality of mou

Aneesh (Querist) 01 December 2015 This query is : Resolved
Hi

I would like to know whether MOU( Memorandum of Understanding ) between a builder and buying party has got legal binding if the agreement is signed on the letter head of the builder and not on a stamp paper.

The context is that the builder offer the buyer to pay back the Pre EMI on a monthly basis and this matter is not included in the main sale agreement.

Thanks
Aneesh
Aneesh

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Nitish Banka (Expert) 01 December 2015
It has a validity as it fulfills all the requirements. not having stamp paper does not make it a void.
Adv.Nitish Banka

9891549997

Rajendra K Goyal (Expert) 01 December 2015
Write to the builder to fulfill the conditions as per MOU.

Kumar Doab (Expert) 01 December 2015
Write to builder under proper acknowledgment, and let it reply whatever it wants.

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