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Rajat Malhotra (Proprietor)     03 March 2013

Mou

Hi, i am into business of real Estate, Need to sign up MOU with somebody to give him selling rights on profit sharing .. Please advice what is the amount of stamp paper i shud use and also should i get that notarized or registered to make it proper legal documents as i have kept a liability of 1 crore in that if party of second part leaves that agrrement or MOU in between tenure of MOU.



 1 Replies

Rajeev Kumar (Lawyer/Advocate)     03 March 2013

You can make an agreement on 100 rs. Stamp paper with the condition of your % of profit or you can also give POA to that person with same condition both the documents must be registered or notarised.

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