legal documents for payments


what should i do for the advance paid amount to owner for a site in prior to registration? 2. If i am willing to have a power of attorney for the site, is it possible to get that done and what needs to be done for that and what all authority i will be having? 3. If i am getting an agreement done what would be the legal value and maximum validity of the agreement for revenue site?

Answers (1)


166 votes
you can enter into MOU or agreement for sale . the detailed terms and conditions as to the price to be paid for purchase of site , time for making payment , receipt of earnest money should be incorporated in agreement it should also mention consequences in case full payment is not made within stipulated period . get MOU or agreement drafted by local lawyer . seller wont issue any POA to you as only advance payment has been made till date


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