The development of a pardon document is a very important part of legal practice and the representation of interests; It must be understood that perfection is not achieved in the development, unless one understands the relevant provisions of laws, laws and rules, as well as the facts, figures and language of its terms and conditions. Many housing companies/renters suffer from litigation due to poor editorial formulations, a lack of documentation skills and a proper understanding of sanitation laws. As a general rule, projects of all legal documents related to the reclamation are created by the developers` promoters and sent for the approval of the company or owner. Companies, on the other hand, are getting closer to us for the review. We, as management advisors, are well experienced in reviewing and verifying all types of legal documents in the most defined and methodical manner. After careful and thorough examination, we carefully review, scan and test these projects. the conclusion of reclamation agreements with developers for qualified renovation projects, including (but without limitation) the provision of an interest bonus as authorized by law. Subsequently, the shadows, pitfalls and gaps are discovered and a written report is given to our client or rental companies, valuing the areas of alerts and awareness and making developers impressed and requiring them to correct/include/provide adequate coverage before all legal reclamation documents are completed. In most cases, the developer negotiates the renovation contract with the company`s board of directors. In this case, the management committee is responsible for all the possibilities of protecting the interests of the residents and taking all necessary measures to avoid litigation at a later stage. A renovation contract, as the name suggests, is an agreement for the restoration of an old building, between the residents and the developer. But it`s not as simple as it sounds; The housing corporation must exercise the necessary caution to ensure that the interests of residents are preserved. The timely approach of legal experts/consultants like us, who are well aware of the sanitation laws relating to the scientific and systematic development and analysis of all legal documents relating to rehabilitation, can avoid the risk of such unforeseen difficulties.
Another distinguishing feature of the development contract is the fact that the land/building remains the property of the company in the land map. What is given to the developer is the right of development to use the percentage of the development potential of the area that it must hold as an over-the-counter area, which it has the right to sell and make. This is what the Bombay Supreme Court has clearly said in Chaturbhuj Dwarkanath Kapadia V/s.