What is the way out!!!!!!!!

Querist : Anonymous (Querist) 11 October 2010 This query is : Resolved
Dear All,

One person owns a piece of plot and the other person wants to do the construction and both of them are agreeable that after construction the constructed premises will be sold and they will share the profit.

Apart from Collaboration Agreement what could be the other documents which could be executed.

Kindly elaborate.

Best Regards

Anonymous

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Y V Vishweshwar Rao (Expert) 11 October 2010
Development Agreement -between the Owner and Builder -and to Jointly sell the Premises after the Construction - and to Equally Share the Constructed Property / or / Sale Proceeds of premises .

Devajyoti Barman (Expert) 12 October 2010
Right.

Rajeev kulshreshtha (Expert) 14 October 2010
Yes it is best.

Basavaraj (Expert) 15 October 2010
yes

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