Memorandum of Understanding
Memorandum of understanding is a first step in forming the contract that is bilateral between two or more parties, organisations, or business concerns to establish a formal relationship. It is one step behind in developing the legal contract between the two organisations that are executed one stamp paper. Memorandum of understanding is undertaken especially where legally implementable agreement cannot be done. Memorandum of knowledge is more than likely to be used to change the already existing contracts. MOU is most commonly used between countries. It works on usually established expectation and working towards common goals.
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Terms and Condition
- *Charges may increase addtionally for more customization of the draft.
- E stamp paper and courier charges extra.
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