Family setllement

This discussion addresses the legal validity of a Memorandum of Understanding (MOU) for a family settlement concerning undivided property when one signatory passes away. It clarifies whether such an MOU is considered legally binding or akin to a will. The consensus is that if signed and registered, it holds legal weight, though its genuineness may need to be proven in court if challenged. However, a counterpoint suggests MOUs may lack legal enforceability for immovable property transactions.