The Short Land Purchase Agreement is a fundamental legal instrument used for documenting land property transactions in Pakistan. This agreement type is particularly suitable for straightforward land purchases where the parties seek a concise yet comprehensive document that covers all essential elements required by Pakistani law. It incorporates requirements from the Transfer of Property Act 1882, Registration Act 1908, and relevant provincial legislation, while maintaining brevity and clarity. The document is commonly used for both urban and rural land transactions, agricultural property transfers, and basic commercial property purchases where complex development or usage rights are not at issue. It serves as a legally binding contract that ensures proper documentation of the transaction for registration purposes and provides clear evidence of the transfer of ownership.
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1. Parties: Identification and details of the seller and purchaser, including complete legal names, addresses, and CNIC numbers
2. Background: Brief context of the transaction and confirmation of seller's ownership
3. Definitions: Key terms used in the agreement including Property, Purchase Price, Completion Date
4. Property Details: Precise description of the land including location, dimensions, and registration details
5. Purchase Price: Agreed purchase price and payment terms including deposit and balance payment schedule
6. Completion: Details of completion date, transfer process, and handover arrangements
7. Seller's Warranties: Basic warranties regarding ownership, right to sell, and property status
8. Purchaser's Obligations: Key obligations including payment and completion requirements
9. General Terms: Standard contract provisions including notices, amendments, and governing law
1. Property Inspection: Details of property inspection rights and findings, used when inspection is a condition of sale
2. Possession: Specific terms about current occupancy and vacant possession, needed if property is occupied
3. Agricultural Land Provisions: Special provisions required for agricultural land transactions
4. Payment in Installments: Detailed payment schedule, used when purchase price is paid in installments
5. Third Party Rights: Provisions dealing with existing tenants or other rights holders, if applicable
1. Property Description Schedule: Detailed technical description of the property including boundaries and measurements
2. Title Documents: List of title documents and ownership history
3. Payment Schedule: Detailed breakdown of payment terms and installments if applicable
4. Property Plan: Site plan or survey drawing of the property
5. Encumbrances: List of any existing charges, liens or encumbrances on the property
Authors
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Agriculture
Construction
Property Development
Banking & Finance
Industrial Development
Commercial Property
Residential Property
Urban Planning
Infrastructure Development
Relevant Teams
Legal
Real Estate
Property Management
Compliance
Corporate Affairs
Land Acquisition
Business Development
Risk Management
Operations
Relevant Roles
Real Estate Manager
Property Lawyer
Land Acquisition Officer
Legal Counsel
Property Development Manager
Compliance Officer
Real Estate Agent
Contract Administrator
Land Revenue Officer
Property Rights Specialist
Transaction Manager
Corporate Counsel
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