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Sale deed

(Querist) 28 February 2012 This query is : Resolved 
Hello All Friends,

Farmer purchase a agriculture land from farmer but the payment give by company - "A" because company-"A" has not purchase agriculture land. Then after sale deed in name of farmer and payment paid by company-"A" as per MoU between Company and Company farmer.

Question :- Now company-"A" deal with other company-"B" for sale these agriculture lands, now what is the procedure and how can company-"A" receive the payment from company-"B".

(1) Sale deed of agriculture land is posible between company-"A" and company-"B".
(2) In agriculture land sale deed WE make Company-"A" AS PER confirming party? (Sale Deed between company-"A" Farmer and Company-"B".)

In short company-"A" and company-"B" deal is ok as per as above. They make sale deed? company-"A" is confirming party in sale deed?

Urgent
Raj Kumar Makkad (Expert) 28 February 2012
1. Sale deed shall be between farmer and Company B and not between both the companies.

2. It is proper.

As Company A is not having any title over the land under sale and the same is duly owned by farmer hence it is legal and proper to executed sale deed between farmer with B with company A as a confirming or witness party.
Bharatkumar (Querist) 28 February 2012
If Company-"A" join as per confirming party in sale deed but the land is agriculture so not problem in feture and we mantion about MoU in sale deed?
Sankaranarayanan (Expert) 28 February 2012
Well explained by mr makkad


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