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1. Parties: Identification and details of the Seller and Purchaser, including their complete names, CNICs, addresses, and legal capacity to enter into the contract
2. Background: Brief context of the transaction, including the Seller's ownership status and intention to sell
3. Definitions: Key terms used throughout the agreement, including Property, Completion Date, Purchase Price, and other relevant definitions
4. Property Details: Comprehensive description of the property being sold, including its location, dimensions, and unique identifiers from land records
5. Sale Consideration: Details of the purchase price, payment terms, installments if any, and method of payment
6. Payment Schedule: Breakdown of payment installments, due dates, and payment mechanisms
7. Completion Process: Steps for completing the sale, including documentation, registration, and transfer of possession
8. Seller's Representations and Warranties: Declarations regarding property title, encumbrances, disputes, and authority to sell
9. Purchaser's Representations and Warranties: Declarations regarding financial capacity and compliance with applicable laws
10. Costs and Taxes: Allocation of transaction costs, stamp duty, registration fees, and other applicable taxes
11. Possession and Risk: Terms regarding transfer of possession and risk to the property
12. Default and Remedies: Consequences of breach by either party and available remedies
13. Governing Law and Jurisdiction: Specification of Pakistani law as governing law and relevant court jurisdiction
14. Execution: Signing requirements, witness details, and execution formalities
1. Agricultural Land Compliance: Required when the property is agricultural land, addressing specific regulations and permissions
2. Society/Authority Approvals: Required for properties in housing societies or areas under development authorities
3. Mortgage/Encumbrance Clearance: Required when property has existing charges that need to be cleared
4. Power of Attorney: Required when either party is acting through an attorney
5. Joint Ownership Provisions: Required when the property is being sold to multiple purchasers
6. Construction Requirements: Required when the property is subject to building timeline obligations
7. Foreign Exchange Compliance: Required when the purchaser is a non-resident Pakistani or foreigner
1. Schedule 1 - Property Description: Detailed technical description of the property including measurements, boundaries, and land record details
2. Schedule 2 - Title Documents: List of all title documents and their copies evidencing the chain of ownership
3. Schedule 3 - Payment Schedule: Detailed breakdown of payment installments with specific amounts and dates
4. Schedule 4 - Outstanding Dues: List of pending utilities, taxes, or other charges and responsibility for payment
5. Schedule 5 - Property Images: Photographs and plans of the property as annexures
6. Schedule 6 - Required Approvals: List of necessary regulatory approvals and their status
7. Schedule 7 - Completion Checklist: List of documents and actions required for completion of the sale
Real Estate
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Banking & Finance
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Commercial Property
Residential Property
Urban Development
Infrastructure
Hospitality
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Real Estate
Property Management
Compliance
Corporate Affairs
Land Acquisition
Documentation
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Risk Management
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Real Estate Lawyer
Property Manager
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Property Valuation Expert
Compliance Officer
Real Estate Agent
Corporate Lawyer
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Property Documentation Specialist
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