Jda real estate

A supplementary agreement mentioning the proposed changes to the principal agreement deed can be executed jointly by both the parties.

Thanks

But they want to pay X amount for the share of owners 

Or

Pay X amount as Consideration for the understanding

Since supplement agreement is not compulsory registered document is it advisable to enter into alternate agreement 

What is an alternate agreement?, it is a supplementary agreement only however it is not mandatory to register the same.

Facts posted are not clear, it is better to redraft.

Facts 

Developer wants to pay X amount towards Consideration of  owners for their share  in terms of JDA already executed 

Should they enter into settlement agreement before Supplement agreement

Or

Amend the JDA to the effect  

The principal JDA will be having the terms and conditions in this regard, however if the sharing of percentage of settlement is missing then you may better get a supplementary agreement executed.