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Acknowledgement Deed Of Sale
"I need an Acknowledgement Deed of Sale for a commercial property in Lahore, Pakistan, where the original sale was completed in January 2025 but additional documentation is now required by the bank for a mortgage application."
1. Parties: Full legal names, addresses, and identification details of the seller and purchaser
2. Background: Brief context of the original sale transaction and purpose of this acknowledgment deed
3. Definitions: Key terms used in the deed including 'Property', 'Sale Price', 'Original Sale', etc.
4. Acknowledgment of Sale: Formal acknowledgment of the completed sale transaction and transfer of property
5. Property Details: Complete legal description of the property including location, dimensions, and boundaries
6. Consideration: Confirmation of the sale price and acknowledgment of its receipt
7. Title and Possession: Confirmation of transfer of title and possession to the purchaser
8. Representations and Warranties: Seller's declarations regarding property ownership, encumbrances, and right to sell
9. Execution: Formal signing section with date and witness requirements
1. Prior Encumbrances: Details of any existing mortgages, liens, or encumbrances (include if property has any registered charges)
2. Tax Matters: Statements regarding payment of property taxes and other dues (include if tax clearance is required)
3. Power of Attorney: Details of attorney if either party is acting through one (include only if relevant)
4. Predecessor in Interest: Details of previous owners if relevant to establishing clear title (include for inherited or recently purchased properties)
5. Dispute Resolution: Specific provisions for handling disputes (include for high-value transactions)
1. Property Schedule: Detailed technical description of the property including exact measurements and boundaries
2. Payment Schedule: Details of payment history and receipts if payment was made in installments
3. Title Documents: List of all title documents being acknowledged in the deed
4. Property Tax Receipts: Copies of latest property tax receipts and clearance certificates
5. Original Sale Agreement: Copy of the original sale agreement being acknowledged
Authors
Real Estate
Construction
Banking and Finance
Legal Services
Property Development
Agriculture (for agricultural land)
Industrial (for industrial property)
Commercial Property
Residential Property
Legal
Real Estate
Compliance
Property Management
Corporate Secretariat
Risk Management
Documentation
Land Administration
Legal Counsel
Property Manager
Real Estate Director
Compliance Officer
Land Acquisition Manager
Property Development Manager
Real Estate Agent
Title Officer
Corporate Secretary
Risk Manager
Legal Administrator
Property Rights Specialist
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