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Temporary Deed Of Sale
"I need a Temporary Deed of Sale for a commercial warehouse in Lahore, Pakistan, with the temporary transfer period running from March 1, 2025, to August 31, 2025, including specific provisions for maintaining the cold storage facilities during the transfer period."
1. Parties: Identification and details of the seller and buyer, including their full legal names, addresses, and National ID numbers
2. Background: Context of the temporary sale, including the reason for the temporary arrangement and any relevant history
3. Definitions: Key terms used in the deed, including 'Temporary Period', 'Property', 'Sale Price', and other relevant terms
4. Subject Matter: Detailed description of the property being temporarily sold, including its location, dimensions, and unique identifiers
5. Consideration: Details of the sale price, payment terms, and schedule of payments if applicable
6. Duration: Specific period of the temporary sale arrangement, including start and end dates
7. Terms of Temporary Transfer: Conditions and limitations of the temporary sale, including usage rights and restrictions
8. Return Conditions: Terms and conditions for the return of the property at the end of the temporary period
9. Representations and Warranties: Declarations by both parties regarding their authority, property condition, and legal status
10. Governing Law: Specification that Pakistani law governs the deed and relevant jurisdictional details
1. Maintenance Responsibilities: Used when specific maintenance obligations need to be assigned during the temporary period
2. Insurance Requirements: Include when insurance coverage is required during the temporary ownership period
3. Third Party Rights: Required when there are existing tenants or other third-party interests in the property
4. Early Termination: Include when parties want to specify conditions for early termination of the temporary sale
5. Dispute Resolution: Optional detailed dispute resolution procedures, including mediation or arbitration provisions
6. Force Majeure: Include when parties want to address unforeseen circumstances that might affect the temporary sale
7. Registration Details: Required when the deed needs to be registered with local authorities
1. Property Description Schedule: Detailed technical description of the property, including boundaries, measurements, and any fixtures included
2. Payment Schedule: If applicable, detailed breakdown of payment installments and dates
3. Property Condition Report: Documented condition of the property at the time of temporary transfer
4. Existing Encumbrances: List of any existing mortgages, liens, or other encumbrances on the property
5. Required Permits: Copies of necessary permits or authorizations for the temporary sale
6. Property Documents: List and copies of relevant property documents including title deeds and tax records
Authors
Real Estate
Construction
Banking and Finance
Agriculture
Industrial Manufacturing
Retail
Hospitality
Warehousing and Logistics
Commercial Property Development
Asset Management
Legal
Real Estate
Compliance
Property Management
Operations
Risk Management
Corporate Affairs
Business Development
Asset Management
Documentation
Legal Counsel
Property Manager
Real Estate Agent
Corporate Lawyer
Compliance Officer
Property Developer
Asset Manager
Business Development Manager
Contract Administrator
Risk Manager
Company Secretary
Operations Director
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