Fair Square Legal Documentation

Legal document preparation is an important legal document management service .It involves preparing various types of legal documents and filing, depending on your unique requirement .
Agreements
 
Agreement for sale
 
An agreement to sell is an important document in the process of sale and purchase of property. This agreement contains the terms and conditions agreed upon between the parties, and binds them. An agreement to sell is the basic document on which a conveyance deed is drafted.

It is always advisable to have an agreement to sell in writing. It precedes the execution of a sale deed. This agreement is signed and executed by the seller and buyer on a non-judicial stamp paper. It has legal value and if needed be can be produced as evidence in a court.

The agreement specifies the procedures to be followed leading to the execution of the conveyance or sale deed. It records the understanding reached between the parties, and is binding on both.

An agreement to sell protects the interests of both parties and spells out in clear terms the conditions under which the seller is intending to sell the property and those under which the buyer is intending to purchase it. This facilitates smooth culmination of the transaction without dispute, confusion and misunderstanding.
Leave and License agreement
 
License does not create any interest in the premises in favour of the licensee excepting a mere right to use and occupy the premises for a limited duration in consideration of the price paid. License only creates a right or interest in the immovable property to do something, under the authority of the grantor of the license.
Every license is governed by the provisions under the Indian Easement Act. When any property is given on leave and license, the agreement is known as leave and license agreement.
A leave and license agreement can be terminated according to the terms of the agreement, and the owner can demand the possession back from the licensee.
Development Agreement
 
A real estate development agreement is an agreement to develop a piece or parcel of land for someone’s personal or commercial use. This agreement can be between an individual/owner and construction company ,a builder or an individual who is a developer of property.
Tenancy Agreement
 
The tenancy agreement is a contract between the tenant and the landlord. It may be written or oral. The tenancy agreement gives certain rights to both tenant and landlord.
Deeds
 
Land can only be transferred from one individual to another in the legally prescribed manner . A deed is labeled an instrument of conveyance . A deed must describe with reasonable certainty the land that is being conveyed. In order for a deed to be properly executed, certain acts must be performed to create a valid conveyance.
Deed of Sale
 

A sale deed is one of the most valuable legal documents in a purchase or sale of a property. It is governed by the Registration Act and is an important document for both the buyer or the transferee and the seller or the transferor.

The purchase or sale of property is not legally complete until a sale deed is signed between the buyer and the seller. Usually a sale deed is signed only after both the parties are satisfied and comply with the terms and conditions as said in the agreement.


Mortgage Deed
 
A mortgage deed is a document which gives a lender legal right and interest in a property. There are certain requirements that must be met when a mortgage document is executed.

Lease Deed
 
While entering into a lease deed for a house, it is important to keep in mind certain points. It is of utmost importance that the interests of both the lessor as well as the lessee are adequately taken into account and well-protected . The lessee needs to ensure the lessor has title to the property being leased. Further, a lessee should take a declaration from the lessee to ensure the property is not encumbered.

Wills
 
A will or testament is a legal declaration by which a person, the testator, names one or more persons to manage his/her estate and provides for the transfer of his/her property at death.
Trust
 
(i) 
A written trust deed is a prima facie evidence of existence of a trust
(ii)
It facilitates devolution of trust property to the trust
(iii)
It clearly specifies the trust-objectives which enables one to ascertain     whether the trust is charitable or otherwise
(iv)
It is essential for registration of conveyance of immovable property in name of the Trust
(v)
It is essential for obtaining registration under the Income-tax Act and claiming exemption from tax
(vi)
It helps to control, regulate and manage the working and operations of the trust
(vii)
It lays down the procedure for appointment and removal of the trustee(s), his/their powers, rights and duties
(viii) 
It prescribes the course of action to be followed under any eventuality including dissolution of the trust.
Certificate of title
 
Certificates of Title are documents that may be used to establish the current owner of a piece of property. Along with identifying the current owner, a Certificate of Title will also provide other valuable information about the status of the property, including any existing easements or encumbrances on the land and buildings located on the property. Full disclosure of the status of the property on the Certificate of Title can help lenders and potential buyers to be fully apprised of the current situation of the asset, and thus make a decision about whether to move forward with the proposed transaction.
Power of attorney
 
A written document in which one person (the principal) appoints another person to act as an agent on his or her behalf, thus conferring authority on the agent to perform certain acts or functions on behalf of the principal. Power of attorney are routinely granted to allow the agent to take care of a variety of transactions for the principal. Power of attorney can be either general or limited to special circumstances. A power of attorney is terminated when the principal dies or becomes incompetent, but the principal can revoke the power of attorney at any time.