Ownership first, then the agreement
Confirm the agreement sits on top of a registered sale deed in your name, it should govern management of land you own, not substitute for owning it. If the “agreement” is all you get, understand exactly what that means.
Clauses that matter most
- Scope of management: what the operator is actually obliged to do.
- Reporting: what you receive, how often, in what form.
- Buyback (if any): whether it’s an obligation or “assistance”, and on what pricing basis.
- Fees and costs: management fees, and who bears which expenses.
- Term and exit: how long, and how you exit or transfer.
- Default and dispute resolution: what happens if things go wrong.
Read what’s written, not what’s promised
Verbal assurances are not terms. If something matters to you, a buyback, a return expectation, a reporting cadence, it must be in the document. If it isn’t, treat it as not promised.
Get independent review
Independent legal review of this agreement is money well spent. We’ll walk you through the clauses before you sign and encourage your own lawyer to do the same. See documentation and registration.