Professional Documents
Culture Documents
MOU Anand Mohan Technochem
MOU Anand Mohan Technochem
Owner:
Facilitator:
WHEREAS, the Owner is the legal owner of the land located at Govardanagiri Village,
Raghunathapally Mandal, Jangaon district, Telangana State,legally described as absolute
Sy.no.232 A-c 8-16 Gts, Survey No. 233- Ac 5-34 Gts. &Sy no. 234 / A A-c 00-22 Gts Totally
admeasuring Ac 14.32 Gts., Situated at Govardanagiri Village, Raghunathapally Mandal,
Jangaon district, Telangana State, having purchased the same under a registered Sale Deed
Vide Document No. 4050 of 2016 Dtd: 31-03-2016 (the “Property”); and
WHEREAS, the Owner desires to grant the Facilitator exclusive authority to sell the
Property; and
WHEREAS, the Facilitator is willing to accept such authority and to perform the necessary
services to facilitate the sale of the Property.
1. Exclusive Authority:
The Owner hereby grants the Facilitator the exclusive right and authority to sell
the Property for a period of 3 months commencing on [Start Date] and ending on
[End Date], unless extended by mutual written agreement of the parties (the
“Term”).
During the Term, the Owner shall not engage any other Facilitator, broker, or third
party to sell the Property.
The Facilitator shall keep the Owner informed of all significant developments
regarding the sale process.
3. Commission
In the event of a successful sale of the Property during the Term, the Owner agrees
to pay the Facilitator a commission of 6% of the gross sale price of the Property.
4. Owner’s Obligations
The Owner shall provide the Facilitator with all necessary information and
documentation concerning the Property.
The Owner shall allow the Facilitator reasonable access to the Property for
marketing and showing purposes.
5. Termination
This MOU may be terminated by either party prior to the end of the Term by
giving 30 days written notice to the other party.
In the event of termination, the Owner shall reimburse the Facilitator for any out-
of-pocket expenses incurred by the Facilitator up to the date of termination.
6. Governing Law
This MOU shall be governed by and construed in accordance with the laws of
India.
7. Entire Agreement
This MOU constitutes the entire agreement between the parties and supersedes all
prior understandings, agreements, or representations, whether oral or written,
regarding the subject matter herein.
8. Amendments
This MOU may only be amended by a written agreement signed by both parties.
OWNER:
1. M/s. Agroprocess Engineers Private Limited ___________________
FACILITATOR:
Mr. Manmohan Sahu ______________________