Hi, This Is MEMORANDUM OF UNDERSTANDING

Just leave us the following details:

NAMES OF MOU

Letter of intended

Memorandum of agreement

BENEFITS OF MOU

Naturally MOU is the first step of legal agreement and farther that became to create a legal agreement.

Making of MOU it’s very necessary to diplomatic strategies and creative words to frame for achieve goal and benefits.

CONSISTS OF MOU

Payment methord,type,amount

Time period and validity

Guideline and penalty

Call us today at +91 70019 04793 or Email us at ask@lenstax.com

We strive to provide Our Customers with Top Notch Support to make their Service Experience Wonderful Talk to Us

WHAT IS MEMORANDUM OF UNDERSTANDING?

A formal document between the two or more than two people /organization/parties to set a term and condition for achieve a common goal or objective or a formal documentation for money transaction.

Memorandum of understanding is not a legal binding but they carry degree of seriousness and mutual respect it’s stronger than a gentleman agreement.

OTHER NAMES OF MOU

1. Letter of intended

2. Memorandum of agreement

LET’S DISCUSS MORE INFORMATION ABOUT MOU

  • It is different from the legal contract, MOU reflects less than complication and details compare with legal agreement.

  • When people /organization/parties interrupt the MOU term and condition it’s less punishable and then they will no more money transaction further with the people /organization/parties.

  • One type of MOU create of the domestic and international purpose for understand the area, geographical resources, river water division etc.

  • MOU reflects how to work and usages between the two people / organization/parties for achieve particular goal with their object.

  • Naturally it is an understanding so this is not enforceable in court but some cases it’s enforceable in court in the help of law.

WHEN THE MEMORANDUM OF AGREEMENT CREATE

  • In that time when the people / organization/parties engage in a same work and they recover their benefits that time MOU is create.

  • When people / organization/parties not agree with the making of legal contract so that time it’s create because one third of MOU is not binding –not enforced in any court.

BENEFITS OF MOU

  • When MOU perform as a valid contract that cases the MOU with the help of the law it’s enforceable in court, in this case court studies between two people / organization/parties intention not in NOS of the MOU.

  • As per MOU you makes payment to your parties, you should make payment as legal monetary transaction like cheques, it is create payment record so that case it’s a valid agreement cause of the valid monetary transactions proof.

  • Naturally MOU is the first step of legal agreement and farther that became to create a legal agreement.

  • Making of MOU it’s very necessary to diplomatic strategies and creative words to frame for achieve goal and benefits.

Example-suppose you decided to make a building so you hire a builder that time you create a MOU for which type of payment and when you gives and which the builder provide you. structure of buildings you desire, which material ,time, how many facilities all clearly noted on MOU.so farther no more confusion, arguments about the project.

Chat on Whatsapp

Chat on Facebook

BINDING NATURE OF MOU

  • Its normally non binding formal agreement but people / organization/parties are used diplomatic strategies and creative words for the later enforce by law.

  • When MOU create for offer acceptances or consideration or like a contract so that MOU is enforceable in court.

CONSISTS OF MOU

  • People / organization/parties pan,aadhaar,company details

  • Payment methord,type,amount

  • Time period and validity

  • Guideline and penalty

  • Agreement creates on the presence of lawyer. It is more effective rather than normally create. The lawyer verify people / organization/parties document and then go through the agreement with lawyer seal.

MOU CREATE ON THE PLACE OF LEGAL AGREEMENT HOW MUCH BENIFITED

  • One type of MOU non binding return agreement when two people / organization/parties describe their rules, specify the responsibility.

  • It is very short time agreement.

  • When a dispute between two people / organization/parties then the MOU is investigated and investigation should be follow the MOU Language.

  • Which people / organization/parties not go through the legal agreement they prefer to the MOU agreement because the MOU is less complicated.

MOU CREATE HOW MUCH IMPORTENT FOR TOKEN MONEY IN THE REAL ESTATE BUSINESS

Which people are engage in the real estate business the know about the token money. Some time arguments, difficulties for the token money, why it is. Suppose a property for sale. A person give a token money for that proparty.but another person gives more token money for the same property. That time a dispute creates.But when you gives the token money you must create a MOU with the party.MOU describe how much token money you give and how much days that is valid and other terms and condition so farther none gives the token for that property and no more confusion, arguments. When the MOU is created you must remember that presence of lawyer and the lawyer verify the document and lawyer give the seal that is more effective.

WHAT IS TOKEN MONEY ?

Its term basically related with real-estate business for purchase and sale the proparty.when a party decided to buy a property first step that is booked the properly with gives a part of price. The part of price has some percentage of the value of total money that proparty.that part of money is called token money.

We provide best services for you.

Competently recaptiualize multifunctional schemas without an expanded array of niches. Continually engage cooperative sources vis-a-vis web-enabled benefits.

QUALITY WITH CONSISTANCY

We work with honesty and try to give you best

QUICK PROCESS

We don't have time to compromise so we process every things quickly

LOWEST COST

The major sbenefit cloud hosting offers resources of multiple servers.

30+ PROFESSIONALS

The major benefit cloud hosting offers resources of multiple servers.

FREE ADVICE FOR START UP

The major benefit cloud hosting offers resources of multiple servers.

Money Back Guarantee

The major benefit cloud hosting offers resources of multiple servers.