MOU

₹10,000₹4,999*

Overview

A Memorandum of Understanding (MOU) is a preliminary agreement between a buyer and seller that sets out the key terms of a proposed property transaction before a formal Sale Deed is executed including the agreed sale price, payment schedule, possession date, and conditions. While an MOU is not the final registered document, it provides legal protection and clarity for both parties during the transaction process. A poorly drafted MOU can be vague, unenforceable, or leave critical terms open to dispute. Vault's lawyers draft clear, specific MOUs that protect your interests at every stage.

Use Cases

Before finalising a property purchaseJoint development or builder agreementsIntra-family property settlement agreementsLand acquisition or collaboration agreements

Documents Required & Process

Gather Documents

Gather Your Documents

Identity proof of all parties (Aadhaar / PAN)Property details address and descriptionAgreed terms sale price, payment schedule, possession dateAny special conditions to be included in the MOU
Search Documents

Send Your Documents

Our lawyer reviews the transaction details, discusses any specific conditions or concerns from your side, and drafts the MOU covering all key terms price, payment milestones, possession, penalties, and exit clauses.

We Handle The Rest

We Handle The Rest

The draft MOU is shared with both parties for review. Revisions are incorporated and the final MOU is executed on appropriate stamp paper. Signed copies are shared with all parties, and our team advises on next steps toward the Sale Deed.

*Terms & Conditions apply

Other Services

E-Khata

E-Khata

Get up to 10% OFF

Get your official digital property record issued by BBMP/GBA mandatory.

₹5,000

₹4,500*

Khata Transfer

Khata Transfer

Get up to 40% OFF

Transfer BBMP/GBA property records to the new owner's name after a sale.

₹20,000

₹12,000*

BESCOM Name Change

BESCOM Name Change

Get up to 33% OFF

Update the electricity meter and bill to the new owner's name.

₹7,500

₹5,000*

Trusted by Home Owners Across Bengaluru

Frequently Asked Questions

An MOU (Memorandum of Understanding) in property is a preliminary written agreement between buyer and seller outlining the key terms of a proposed transaction price, timeline, conditions before the final Sale Deed is registered.

An MOU is a legally binding document and can be used in court as evidence of agreed terms. However, it does not transfer ownership that requires a registered Sale Deed.

An MOU is a preliminary agreement setting out intentions and conditions. A Sale Deed is the final, registered document that legally transfers ownership. Vault can assist with both.

The MOU protects both parties during the period between agreeing to a sale and completing registration, ensuring terms are documented and reducing the risk of disputes.

MOU drafting service is priced at ₹10,000. This includes lawyer consultation, drafting, and revision support.

Apply for MOU now