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Plot Sale Deed
"I need a Plot Sale Deed for transferring a 500 square yard residential plot in DHA Karachi, with a requirement for payment in three installments, the final payment to be made by March 2025, and including specific clauses about society NOC requirements."
1. Parties: Identification of the Seller and Purchaser with complete details including name, parentage, CNIC, address
2. Background: Brief history of the property ownership, including how the Seller acquired title
3. Definitions: Definitions of key terms used in the deed including Property, Sale Price, Completion Date
4. Property Details: Comprehensive description of the plot including plot number, block, society/area, dimensions, boundaries
5. Consideration: Sale price, payment terms, and confirmation of receipt of payments
6. Transfer of Title: Clear statement transferring all rights, title and interest in the property
7. Seller's Representations and Warranties: Warranties regarding clear title, no encumbrances, authority to sell
8. Possession: Terms of delivering physical possession of the property
9. Costs and Taxes: Allocation of responsibility for transfer costs, taxes, and duties
10. Governing Law: Specification that the deed is governed by Pakistani law
1. Development Charges: Include when the plot is in a developing society where future development charges may apply
2. Payment Schedule: Include when payment is to be made in installments rather than as a lump sum
3. Power of Attorney: Include when either party is acting through an attorney
4. Society NOC: Include when the property is in a housing society requiring NOC for transfer
5. Mutation Undertaking: Include when the seller needs to assist with future mutation procedures
1. Schedule 1 - Property Description: Detailed technical description of the plot including exact measurements and boundaries
2. Schedule 2 - Payment Details: Breakdown of payments made and payment schedule if applicable
3. Schedule 3 - Title Documents: List of all title documents being transferred with the property
4. Appendix A - Site Plan: Approved site plan or layout plan of the plot
5. Appendix B - Previous Title Deed: Copy of seller's title deed or allotment letter
6. Appendix C - NOC Documents: Copies of necessary No Objection Certificates from relevant authorities
Authors
Real Estate
Construction
Urban Development
Legal Services
Banking & Finance
Property Development
Housing Societies
Investment & Asset Management
Property Management
Legal
Real Estate
Compliance
Property Management
Documentation
Land Acquisition
Asset Management
Risk Management
Corporate Affairs
Real Estate Lawyer
Property Manager
Legal Counsel
Real Estate Agent
Property Developer
Land Revenue Officer
Company Secretary
Compliance Officer
Real Estate Investment Manager
Title Examiner
Property Consultant
Legal Documentation Specialist
Real Estate Transaction Manager
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