Which is valuable notray or registry agreement

Kumar Krishan Agarwal Advocate (Querist) 09 August 2012 This query is : Resolved
Dear Ld Friends,

We have 5 co-owners of a particular ancestral our forefathers land. Two builders Person gave one root to construct new building premises on our land with a 50-50 percentage after build up sell all the constructed premises and share its value in 50-50.

The two Builders want a simple notary of this agreement which was get written on Stamp paper
while
We five land co-owners want a proper registry document to be executed by Sub-registrar on Stamp Paper.

Q1. So We want to ask which is more safer and right for us as we have land rights with us ?

Q2. Is Notary Agreement is enforceable in law by us or by the builder if any dispute may arises to take before court of law in future.

Q3. Which is more valuable in this case the Notary agreement or the Registry document of Subregistrar ?

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R.K Nanda (Expert) 09 August 2012
1.Registered agreement.

2.Yes.

3.RA.

Advocate Bhartesh goyal (Expert) 09 August 2012
{1}Get agreement registered in sub registrar office
{2} Registersd agreement is enforceable in your case.
{3}Registered agreement.

Kumar Krishan Agarwal Advocate (Querist) 09 August 2012
One more Views of my Ld Friends to Get!

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