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The Property Sale Contract Between Seller And Buyer is a fundamental legal document used in Pakistani real estate transactions to formalize property transfers. This document is essential when any real property is being sold and purchased, whether residential, commercial, or agricultural. It must comply with Pakistani legal requirements, including the Transfer of Property Act 1882, Registration Act 1908, and relevant provincial laws. The contract typically includes detailed property descriptions, price and payment terms, warranties about title, and specific conditions for completion. It's designed to protect both parties' interests while ensuring the transaction meets all legal requirements for property transfer in Pakistan. The document is particularly important as it serves as the basis for property registration and forms part of the chain of title documents.

1. Parties: Identification and details of the Seller and Buyer, including their complete names, CNICs, and addresses as required by Pakistani law

2. Background: Context of the sale, brief description of the property, and intention of the parties to enter into the transaction

3. Definitions: Definitions of key terms used throughout the agreement, including 'Property', 'Completion Date', 'Purchase Price', etc.

4. Sale and Purchase Agreement: Core agreement of the Seller to sell and the Buyer to purchase the Property

5. Purchase Price: Agreed purchase price, payment schedule, and method of payment

6. Property Details: Comprehensive description of the property including location, dimensions, and boundaries as per the property documents

7. Title and Ownership: Seller's warranties regarding clear title, ownership rights, and absence of encumbrances

8. Completion Requirements: Conditions to be fulfilled before completion, including documentation and registration requirements

9. Possession: Terms and timing of property possession transfer

10. Registration and Transfer: Process and responsibilities for property registration and transfer in accordance with Pakistani law

11. Representations and Warranties: Standard warranties by both parties, especially regarding property title, legal capacity, and authority

12. Default and Remedies: Consequences of default by either party and available remedies

13. Governing Law: Specification of Pakistani law as governing law and jurisdiction details

14. Notices: Process for sending and receiving formal notices between parties

15. Entire Agreement: Standard clause confirming the contract as the complete agreement between parties