A Purchase Deed is an essential legal instrument used in Pakistan for documenting and effectuating the transfer of immovable property. This document is mandatory under Pakistani law for any property sale transaction and must comply with the Transfer of Property Act 1882, Registration Act 1908, and relevant provincial laws. The deed should be executed on appropriate stamp paper, contain precise details of the property and parties, and must be registered with the Sub-Registrar's office within the prescribed time limit. It serves multiple purposes: transferring legal title, creating an official record of the transaction, enabling mutation of property records, and protecting both parties' interests. The document is particularly crucial as it forms the primary evidence of ownership in property disputes and is required for all future property-related transactions.
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1. Title and Date: Specifies the document as a Purchase Deed (Sale Deed) and the date of execution
2. Parties: Full identification of the Seller(s) and Purchaser(s) including their names, parentage, CNIC numbers, and complete addresses
3. Recitals: Background information establishing the Seller's ownership and right to transfer the property
4. Definitions: Key terms used throughout the deed including Property, Purchase Price, and other relevant definitions
5. Property Description: Detailed description of the property including location, boundaries, measurements, and unique identifiers
6. Consideration: Statement of the purchase price, payment terms, and acknowledgment of receipt
7. Transfer Declaration: Express words of transfer and conveyance of the property
8. Seller's Warranties: Warranties regarding title, encumbrances, legal compliance, and authority to sell
9. Rights and Interests: Description of rights, easements, and interests being transferred with the property
10. Possession: Terms regarding the handover of physical possession
11. Registration and Expenses: Provisions regarding registration requirements and allocation of expenses
12. Execution: Formal execution clause and space for signatures and witnesses
1. Power of Attorney: Required when any party is acting through an authorized representative
2. Bank Mortgage Details: Included when the purchase is financed through a bank loan
3. Society/Authority NOC: Required for properties in housing societies or regulated developments
4. Previous Title Documents: References to chain of title when relevant to establish clear ownership
5. Tax Declarations: Special declarations regarding tax compliance or exemptions
6. Third Party Rights: Required when there are existing tenancies or other third-party rights
7. Development Obligations: Included for undeveloped or partially developed properties
8. Indemnification: Additional indemnities for specific identified risks
1. Schedule A - Property Details: Comprehensive property description including measurements, boundaries, and site plan
2. Schedule B - Title Documents: List of all title documents evidencing the Seller's ownership
3. Schedule C - Payment Schedule: Detailed breakdown of payment terms if not made in full
4. Schedule D - Encumbrances: List of existing charges, liens, or encumbrances if any
5. Schedule E - Inventory: List of fixtures and fittings included in the sale
6. Appendix 1 - Site Plan: Approved site plan or property layout
7. Appendix 2 - NOCs: Copies of relevant No Objection Certificates
8. Appendix 3 - Tax Receipts: Copies of paid property tax receipts and other clearances
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