Below is the sample land ownership Agreement that will be done during investment contract between client and us.
Agricultural Land Ownership Agreement Sample
(Cluster-Based Farming & Renewable Energy Investment Model)
This Agreement is made on this ___ day of ____________, 20___
BETWEEN:
[Company/Firm Name], a registered company under the Companies Act, 2013, having its registered office at [Full Address], herein referred to as the “Service Provider”, which expression shall, unless repugnant to the context or meaning thereof, include its successors, legal representatives, and assigns.
AND
[Investor’s Full Name], S/o or D/o [Parent’s Name], currently residing at [Full Address], holding a valid [Passport No./Aadhar No./PAN No.], hereinafter referred to as the “Investor”, which expression shall, unless repugnant to the context or meaning thereof, include his/her heirs, legal representatives, and assigns.
1. Purpose of the Agreement
This Agreement sets forth the terms under which the Investor is granted beneficial interest and share of ownership in agricultural land operated under a cluster dairy farming and solar energy production model, enabling the Investor to earn assured annual returns without active involvement in agricultural or energy operations.
2. Land Details
- Total Land Parcel: [___] Acres
- Location: [Village, District, State]
- Land Survey Number: [__________]
- Title Ownership: Held by [Company/Firm Name] on behalf of all investors under trust/lease/pooling arrangement as per local land laws.
- Investor's Allocated Unit: [___] Acres (equivalent to [Plot No./Unit ID], if applicable)
3. Nature of Ownership
The Investor receives proportional beneficial ownership rights over the allocated land unit, not direct title transfer, as per state agricultural land ownership laws for NRIs and pooled farming models.
Ownership is governed under a Trust/LLP/SPV Structure registered by the Service Provider to enable compliant asset management.
4. Investment & Consideration
- Investment Amount: ₹[_________]/USD [_______]
- Payment Date: [_________]
- Mode of Payment: [Bank Transfer/NRO/NRE Account]
5. Profit Assurance & Revenue Sharing
- The Service Provider guarantees a fixed annual profit of ₹[_____] or [%] of the invested amount, whichever is higher.
- Profit is generated from:
- Sale of solar power to government/private buyers
- Dairy product sales
- Medicinal/organic farming outputs
- Payout Frequency: [Monthly/Quarterly/Annually]
- Payment Mode: Direct bank transfer to NRO/NRE account.
6. Roles and Responsibilities
Investor:
- No operational involvement is required.
- Entitled to view reports, visit the project site, and request updates.
Service Provider:
- Responsible for operations, maintenance, sales, legal compliance, and profit distribution.
- To provide investor dashboards, periodic reports, and audited statements.
7. Tenure and Exit Options
- Minimum Lock-in Period: [___] years
- After lock-in, investor may:
- Exit by resale (company provides resale platform)
- Transfer rights to another party
- Renew profit-sharing for additional tenure
8. Legal and Tax Compliance
The Service Provider ensures compliance with:
- FEMA and RBI guidelines for NRI investments
- Income tax laws applicable to agricultural profits
All returns are subject to TDS as applicable under Indian laws.
9. Dispute Resolution
Any disputes arising under this agreement shall be subject to arbitration under the Arbitration and Conciliation Act, 1996, with the venue at [City, State], and jurisdiction of [City] courts.
10. Annexures
A. Land Survey Map
B. Investor’s KYC Documents
C. Payment Receipt
D. Certificate of Ownership/Allotment (Digital/Physical)
E. Annual Profit Statement Format
IN WITNESS WHEREOF
The parties have executed this Agreement on the day, month, and year first above written.
Investor
(Signature)
Name: __________________________
Date: __________________________
Authorized Signatory
(For [Company/Firm Name])
(Signature & Seal)
Name: __________________________
Designation: _____________________
Date: __________________________
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