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Sale Agreement | Deed | Property Sale Agreement – Pak Agreement

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SALE  AGREEMENT

This  Sale Agreement is made at Karachi on ___________ Day of __________________.

BETWEEN

Mr. _______________________     /o _______________________, Muslim, Adult, holding N.I.C  No.________________________ resident of House No._______________________________ __________________________ Hereinafter referred to as the VENDOR or Party of the FIRST PART.

AND

Mr. _______________________     /o _______________________, Muslim, Adult, holding N.I.C  No.________________________ resident of House No._______________________________ __________________________ Hereinafter referred to as the VENDEE or Party of the OTHER PART.

The terms  VENDOR  and  VENDEE  shall  mean  and  include  their  legal  heirs  ,  executors successors-in-interest and assign’s.

SAID PROPERTY:

The VENDOR IS: absolute owner of the property and possessed of and is otherwise well      and sufficiently entitled  to sell property Plot bearing No.________________________ measuring _____________________ Sq. Yards situated at ________________________________________________________________ ______________  property hereinafter referred to as the “SAID PROPERTY”.

AND WHERE AS THE VENDOR has agreed to sell and VENDEE has agreed to purchase the said property on total consideration of Rs.___________________________/- (Rupees_____________________________)   on the terms and conditions hereinafter appearing:-

 

 

 


Signature of Seller

 

 

 


Signature of Purchaser

Contd. (Page 2)……………

 

Sale Agreement Page 2, Pak Agreement,

Page#2

NOW THIS AGREEMENT WITNTSSETH AS UNDER:-

  1. The VENDOR has received amount of Rs.__________________/-(Rupees ____________________________________________________________) against the said property as full and final payment from the VENDEE.
  2. Receipt where of the said VENDOR do hereby fully admit and acknowledge and passed a separate receipt as well.
  3. That the VENDOR has delivered peaceful and vacant possession of the said property is where is basis to the VENDEE along with all the relevant Original Documents, Right, Titles , and interest and the VENDEE.
  4. That the VENDOR assures the VENDEE that the property is free from all sorts of liens, charges, encumbrances or WHATEVER NATURE.
  5. That the VENDOR hereby undertakes to indemnify the VENDEE against all losses or damages, if any caused to any defect in the title documents of the said property.
  6. That the VENDOR undertakes to sign all the documents wherever needed and shall appear before the authorities concerned now or at any time in future if required in connection with the transfer of the said property in the name of the VENDEE and the VENDEE shall bear Transfer fee/Stamp Duty /Registration Documents charges for the same.
  7. That the VENDOR assures the VENDEE that he has not Sold /Gift/given this property or enter into an agreement to dispose off the above said property to anybody else prior to this transaction with the VENDEE above named.

IN WITNESSES WHERE OF both parities here to have set and subscribe their respective hands to this SALE AGREEMENT at Karachi on the day, month, and year mentioned above.

Place: ___________________

Dated: __________________

 

 

Witness:1

Signature________________________

Name _________________________

/o ____________________________

C.N.I.C No._____________________

Address _______________________

_________________________________

_________________________________

 

 

 

 

__________________________________

Signature of VENDOR (Seller)

Name _________________________

/o ____________________________

C.N.I.C No._____________________

Address _______________________

_________________________________

_________________________________

 

 

Witness:2

Signature________________________

Name _________________________

/o ____________________________

C.N.I.C No._____________________

Address _______________________

_________________________________

_________________________________

 

 

__________________________________

Signature of VENDEE (PURCHASER)

Name _________________________

/o ____________________________

C.N.I.C No._____________________

Address _______________________

_________________________________

_________________________________

 

 

 

ReceiptFull and Final, Sale Agreement Pak Agreement,

RECEIPT FULL AND FINAL

I, ____________________________ /o _______________________________________   received an amount of Rs. ___________________________/- (Rupees _____________________________________________________________) against Plot No. _______________ Measuring ____________ Sq. Situated at __________________ _____________________________________________ through / Cash / cheque / P.O No._____________________ Bank ___________________ Branch ____________________ from  Mr. _____________________________  /o _____________________________ Muslim, Adult , holding National Identity Card  No.______________________________                        as full and final payment as per terms and conditions of Sale Agreement dated ___________

There is nothing balance against the said property toward the VENDEE.

Karachi

Dated: _______________________

 

Witness:1

Signature________________________

Name _________________________

/o ____________________________

C.N.I.C No._____________________

Address _______________________

_________________________________

_________________________________

 

__________________________________

Signature of VENDOR (Seller)

Name _________________________

/o ____________________________

C.N.I.C No._____________________

Address _______________________

_________________________________

_________________________________

 

 

 

Witness:2

Signature________________________

Name _________________________

/o ____________________________

C.N.I.C No._____________________

Address _______________________

_________________________________

_________________________________

 

If you want to download this Sale agreement in pdf- click below link

Download PDF File : Sale Agreement – Deed – Property Sale – Agreement

 

FAQS

What is the meaning of agreement for sale?

An “agreement for sale” is a foundational legal contract between a seller (Vendor) and a buyer (Vendee) that outlines the specific terms and conditions for the sale of a property. It details the total sale price , payment plan, and the legal obligations of both parties. It is the promise to sell and buy, which is later completed by a final document called a “Sale Deed.”

What is the format of writing an agreement?

“Bae Nama” (بیع نامہ) is the Urdu term for a “Sale Agreement” or “Agreement for Sale”. It is the primary written contract that documents the agreed-upon terms of a property sale between the buyer and seller.

What is a sale deed of property in Pakistan?

A “Sale Deed” (also known as a “Registry” or “Conveyance Deed”) is the final and most important legal document in a property transaction. Unlike an “Agreement for Sale” (which is a promise to sell), the Sale Deed is the document that officially transfers the ownership (title) of the property from the seller to the buyer. It must be registered with the relevant Sub-Registrar to be legally valid.

Is a purchase agreement?

Yes, a “purchase agreement” is just another name for a “sale agreement” or “agreement for sale”. It is the legally binding contract that defines all the terms and conditions agreed upon by both the buyer (Purchaser/Vendee) and the seller (Vendor) for a property transaction.

What is the purpose of a sales agreement?

The main purpose of a sales agreement is to legally bind both the buyer and seller to the terms of the transaction. It provides a clear written record of the agreed-upon price , payment details, and the specific obligations of each party, such as delivering vacant possession and ensuring the property title is clear. This prevents future disputes and provides a legal remedy if either party breaks their promise.

How long is the agreement valid?

The validity period of a sale agreement is usually specified within the document itself (e.g., “This agreement is valid for 90 days”). If no date is set, it is valid for a “reasonable time.” In Pakistan, if a party breaches the agreement, the aggrieved party has a limitation period of three years to file a lawsuit for “specific performance” (to force the sale).

What is registry and inteqal?

“Registry” is the common term for the “Sale Deed,” the final document that transfers property ownership and is registered with the Sub-Registrar. “Inteqal” (انتقال) is the Urdu word for “mutation,” which is the subsequent step of officially updating the land revenue records (the Patwari or Fard records) to reflect the new owner’s name. Both are essential for securing complete legal ownership.

What is mukhtarnama in English?

“Mukhtarnama” (مختارنامہ) is the Urdu term for a “Power of Attorney.” It is a legal document that gives one person (the “Attorney”) the authority to act on behalf of another person (the “Principal”) in specific matters, such as selling, buying, or managing a property.

What does intiqal mean?

“Intiqal” (انتقال) is an Urdu word that literally means “transfer.” In Pakistani property law, it specifically refers to the “mutation” or the formal process of changing the name of the owner in the official government land revenue records after a property has been sold, inherited, or gifted.

How to prepare a sales agreement?

To prepare a sales agreement, you must identify all parties (sellers and purchasers) with their full names, CNICs, and addresses. You must then clearly describe the property being sold (plot number, size, location) , state the total sale price , and detail all terms and conditions , such as the payment schedule, date of possession , and who will pay transfer fees. In Pakistan, it must be printed on legal stamp paper and signed by all parties and witnesses.

What are the main points of agreement?

The main points of a sale agreement include:
Parties: Full details of the Vendor (Seller) and Vendee (Purchaser).
Property: A complete and accurate description of the property.
Consideration: The total sale price and a clear acknowledgment of payments made or to be made.
Possession: Confirmation of when and how the vacant possession of the property will be delivered to the buyer.
Title Assurance: A guarantee from the seller that the property title is clear and free from any mortgage, loan, or legal dispute.

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