06 August 2010
A IS A CO OWNER OF LAND WHO APPROACHED B TO DEVELOP IT & SELL IT ON BEHALF OF A. PLEASE ANSWER WETHER MOU IS REQUIRED OR NOT. PLEASE GUIDE FOR FURTHER SAFETY & NORMS IF ANY.
06 August 2010
For this kind of proposal, there are lot of complications involved. Definitely, all terms & conditions should be spelt out in writing, including for arbitration.