Sale deed
Bharatkumar
(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?