Document background
The Notice of Intent to Sell is a crucial document in Pakistani property transactions, designed to formally communicate a property owner's intention to sell their real estate assets. This document is particularly important in scenarios where there are parties with potential interests in the property, such as tenants or holders of right of first refusal. Under Pakistani law, specifically the Transfer of Property Act 1882 and related statutes, this notice serves multiple purposes: it establishes a clear record of the seller's intentions, provides essential information about the property and proposed sale terms, and initiates the formal sale process. The notice is commonly used in both commercial and residential property transactions and may be required for legal compliance or contractual obligations.
