M M Pandey (Sr Manager, HR/IR) 18 July 2019
Adv Rohit Dalmia 9324538481 (Lawyer) 18 July 2019
What Preliminary agreement?
It is advisable to execute a Final agreement which is agreed and signed by the parties before allowing construction on the land. so as to avoid any dispute in future .
Regards,
Adv. Rohit Dalmia
G.L.N. Prasad (Retired employee.) 18 July 2019
It depends on agreement terms and conditions, and consideration can be paid in future also. But without registering a MOU, and reducing the stipulations in the form of a deed, it is a risky proposition.