Agreements

LEASE DEED

A lease can be defined as the transfer of the rights and benefits on a property to another for a specific time based on the amount paid or the promise for a payment in money or anything that may be considered of a value to be offered occasionally to the owner on the terms of their agreement. The detail of the agreement is contained in a document called Lease deed.

A lease deed is defined as a document that contains the terms of a contract where the tenant or the lessee has agreed to pay the lessor or the landlord a rent for the use of the property periodically.

Sale Deed/ Conveyance Deed

Sale agreement/ Conveyance Deed is an instrument in writing by way of which ownership of property gets transferred from one person to another for a consideration

Gift Deed

A gift deed is a deed t in which the consideration is not monetary, but is made in return for love and affection. It is a document which transfers property to another as a gift. Such a deed is often used to present someone with a gift. Transfer of a gift deed can be reported as a gift for federal tax purposes

Will

It can be defined as it is a document by which a dead man ensures that his wishes must be adhere in relation to his hard earned money. The one who executes the will called testator. Once the Will is made by the testator it can only be revoke during his lifetime.

Joint Venture Agreement

A joint venture (JV) agreement is entered into by a group of persons or companies to do business together or to collaborate on a particular project without losing their individual legal identities. Such an agreement is legally binding and clearly lays down the areas of cooperation and divergence, and makes provisions for profit-sharing and operations. Usually, before entering into such a formal agreement, the parties sign a Memorandum of Understanding (MoU).