The Sale Deed For Immovable Property is a fundamental legal instrument in Pakistani property law, essential for documenting and executing the transfer of immovable property ownership. This document is required whenever there is a sale of land, buildings, or other immovable assets in Pakistan. It must comply with the Transfer of Property Act 1882, Registration Act 1908, and relevant provincial laws. The deed includes crucial details such as property description, party information, consideration amount, and payment terms. It requires proper execution on stamp paper of appropriate value, attestation by witnesses, and mandatory registration at the Sub-Registrar's office. The document serves as the primary evidence of the transaction and is necessary for updating property records, tax purposes, and establishing clear title to the property.
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1. Parties: Details of the Seller(s) and Purchaser(s) including full names, ages, CNIC numbers, addresses, and their legal capacity to enter into the agreement
2. Background: Brief context about the property ownership, intention to sell/purchase, and any relevant history of the property
3. Definitions: Definitions of key terms used throughout the deed including 'Property', 'Completion Date', 'Purchase Price', etc.
4. Property Details: Comprehensive description of the property including exact location, boundaries, measurements, and unique identification numbers
5. Consideration: Details of the agreed purchase price, payment terms, method of payment, and payment schedule if applicable
6. Seller's Representations and Warranties: Declarations by the seller regarding ownership, right to sell, absence of encumbrances, and other property-related assurances
7. Title and Ownership: Clear statement of transfer of title and ownership from seller to purchaser
8. Possession: Terms and conditions regarding the handover of physical possession of the property
9. Registration and Expenses: Details about registration requirements, stamp duty, and allocation of various transaction expenses
10. Governing Law: Specification that the deed is governed by the laws of Pakistan
11. Execution: Formal execution clause with space for signatures, witnesses, and attestation
1. Existing Tenancies: Required if the property has existing tenants, detailing their rights and obligations post-sale
2. Mortgage Details: Required if there is an existing mortgage on the property, including terms of discharge
3. Property Tax Arrangements: Details of pending property taxes and responsibility for payment if relevant
4. Development Status: Required for properties under construction or pending development approvals
5. Power of Attorney: Required if either party is acting through an authorized representative
6. Foreign Exchange Declaration: Required if either party is a non-resident Pakistani or foreigner
7. Mutation Undertaking: Required when specific undertakings regarding revenue record transfers are needed
1. Schedule A - Property Description: Detailed technical description of the property including exact measurements, boundaries, and features
2. Schedule B - Title Documents: List of all title documents and their chain of custody
3. Schedule C - Payment Schedule: If payment is in installments, detailed breakdown of payment dates and amounts
4. Schedule D - Property Documents: List of all property-related documents handed over to the purchaser
5. Appendix 1 - Site Plan: Approved site plan or property layout
6. Appendix 2 - No Objection Certificates: Copies of relevant NOCs from authorities
7. Appendix 3 - Tax Certificates: Property tax payment proof and clearance certificates
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