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Property Law

The ‘Agreement of Sale’ or ‘Sale Agreement’

Top Law Firms in Karachi PakistanWhether you are purchasing a plot for construction of a home or an apartment from a builder, the sale agreement is a document that you will need to scrutinise minutely before signing. Once signed, you will not be able to counter anything that is on it.

Sale AgreementThe sale agreement being a technical document will have a series of terms that you need to understand thoroughly. Sale, for example, is a transaction where money is exchanged, in part or in whole, for the transferring of ownership of a particular piece of property in whole.

There is nothing explicitly mentioned in the law about the sale agreement being a written one. However, it is now common practice and even a practical thing to do so, especially if the document is to hold water in a court of law. An important thing to do is to get the agreement registered, as a non-registered document does not have any legal bearing and any deal made on the basis of it is considered void.

Clauses

There are several inclusions or what are called clauses in the sale agreement. It will describe the property, include contact details of the seller and the buyer, the negotiated price will be mentioned and also how this payment is being disbursed. The time frame for the payment will be included. There will also be a provision for the payment of stamp duty and for the account of the property title.

The clauses in a sale agreement are important because they outline everything that will go into making this a successful transaction, which is completely legally sound. The contract will tell you if the payment is to be made in cash, in part or an agreement for it to be paid partially in the future has been agreed on.

Some of the clauses will cover municipal taxes that are due by the person buying, as well as maintenance charges and in the case of an apartment being purchased payment towards the building society.

Payment terms: The onus is on both the buyer and seller to come to a mutual agreement on the price of the property and all other expenses that go towards the transfer of property. This has to be included and has to be agreed on by both the buyer and seller.

The time for the disbursement of the payment should also be included right up to the last instalment. The document will need to be scrutinised by lawyers from both sides and then signed by both parties.

Transferring property titleTransferring of property title: For a loan to be sanctioned, the property title is important.

This should be transferred to the buyer when the seller has got in hand the amount agreed on. The transfer is the last step in the whole process of buying the property. The property will have to be registered in the buyer’s name by the seller at the local registrar office.

Stamp duty: These rates are fixed by the relevant authorities and can vary with each State. The onus is on the buyer to ensure that the property has been registered in his name at the rate that the government has sanctioned for the transferring of the property.

Sale deedSale deed: This follows the agreement of sale and is an understanding between the seller and the buyer. Its contents need to be scrutinised by experts multiple times before you actually sign on it.

With the right kind of legal help to support you, there is no reason to fear the complexities of the agreement of sale. It is something that you can easily surmount.

You can Contact Us for detailed consultation.

Irfan Mir Halepota, Advocate Supreme Court of Pakistan.

Telephone: 0321-2057582

Regular Website:  https://www.irfanlaw.com

Supreme Court of Pakistan, Islamabad.

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Online Legal Services Property Law

Legal Management of Properties in Pakistan

Overseas Pakistanis having any legal issue of management of their properties in Pakistan can contact our law firm. We will provide full legal service for  management of their properties in Pakistan.

Our legal services will include but not limited to:

Sale, Purchase and Transfer of Properties

Recovery of Possession of Properties

Renting out properties and collection of rent

Pursuing property  litigation in Pakistan

Overseas Pakistanis all over the world face lot of legal issues regarding the management of their properties in Pakistan. They contact our law firm for management of their legal issues. Our law firm provides them full legal services for resolving their legal issues. Contact for further information.

We are conducting these cases which are likely to be decided in near future.

You can Contact Us for detailed consultation.

Irfan Mir Halepota, Advocate Supreme Court of Pakistan.

Telephone: 0321-2057582

Regular Website:  https://www.irfanlaw.com

Law Firm based in Karachi and Islamabad having well experienced Advocates and Lawyers in the fields of Civil Litigation & Property Law.
E-26, Executive Floor, Glass Tower, Clifton,
Karachi, Sindh
PK
Phone: 03212057582

Supreme Court of Pakistan, Islamabad. The Registry of the Supreme Court is also at Karachi.

Categories
Property Law

Property Law in Karachi Pakistan

Top Law Firms in Karachi PakistanOur Law Firm provide the property legal services to valued clients from the purchase of the property to disposal of the property. This law

01. Sale Deed Conveyance Deed in Karachi Pakistan

02. All kinds of property Deeds in Karachi Pakistan

03. Surrender Transfer and Relinquishment Deed in Karachi Pakistan

04. Mutation of the Property in Karachi Pakistan

05. Lease and sub-Lease of the property in Karachi Pakistan

06. Inheritance transfer and share division of the property in Karachi Pakistan

07. Succession and Letter of Administration in Karachi Pakistan

08. Possession and Declaration of the Title of the Property in Karachi Pakistan

09. Injunction of the suit in Karachi Pakistan

10. Property Documentation in Karachi Pakistan

11. Sale and Purchase of the Property agreements/Deeds in Karachi Pakistan

12. Registration of the Deed before sub-Registrar in Karachi Pakistan

13. Illegal Dispossession in Karachi Pakistan

14. Tenancy Agreement in Karachi Pakistan

15. Housing society Transfer mutations in Karachi Pakistan

16. Property Tax in Karachi Pakistan

Our Office is based in Clifton, easily reachable from all parts of Karachi, including Defence and other Areas.

Recently the largest property deals are being made in Bahria Town Projects in Karachi Pakistan.

If you require more information, Feel Free to Contact Us for detailed consultation.

Telephone: 0321-2057582

Regular Website:  http://www.irfanlaw.com

Irfan Mir Halepota, Advocate Supreme Court of Pakistan.

Law Firm based in Karachi having well experienced Advocates and Lawyers in the fields of Real Estate and Property Law.
E-26, Executive Floor, Glass Tower, Clifton,
Karachi, Sindh
PK
Phone: 03212057582

Sale Deed Conveyance Deed,  All kinds of property Deeds, Surrender Transfer and Relinquishment Deed, Mutation of the Property in Karachi Pakistan, Lease and sub-Lease of the property, Inheritance transfer and share division of the property,  Succession and Letter of Administration, Possession and Declaration of the Title of the Property, Injunction of the suit  Pakistan, Property Documentation in Karachi, Sale and Purchase of the Property agreements/Deeds, Registration of the Deed before sub-Registrar, Illegal Dispossession, Tenancy Agreement Housing society Transfer mutations in Karachi Pakistan Property Tax

Categories
Property Law

SALE AGREEMENT

This sale agreement is made at Karachi on this _____ day of
April, ____.
BETWEEN
Mr/Ms__________ son of/wife of/daughter
of___________________ Muslim, adult, holding NIC No.
_______________resident of ___________________________,
Karachi through Registered General Power of Attorney
_______________________son of___________ holding CNIC No.
___________, resident of __________ Karachi vide Registered
Power of Attorney No.____. Book‐___ Dated _______ Sub‐Registrar
___ Town Karachi, M.F. No. ________ Photo Registrar Karachi
Dated _________ hereinafter referred as the “VENDEE” (Which
expression shall whenever and wherever the context so permits
mean and include his heirs, executors, successors, administrators,
legal representatives and assigns) of the SECOND PART.
AND
Mr/Ms__________ son of / wife of / daughter of
___________________ Muslim, adult, holding NIC No.
_______________resident of ___________________________,
Karachi, hereinafter referred as the “VENDEE” (Which expression
shall whenever and wherever the context so permits mean and
include his heirs, executors, successors, administrators, legal
representatives and assigns) of the SECOND PART.
WHEREAS the vendor above named at the date of these
presents fully seized and possessed of and otherwise well and
sufficiently entitled to the Residential Plot bearing No. ____, Sector
___, measuring ____Sq. Yards satiated at ____________, vide
Mutation/Transfer ______________, Dated _________ issued by
Assistant Director Land _____________CDGK Karachi., Karachi,
hereinafter called the “SAID PROPERTY”.
AND WHEREAS the vendor being the absolute lawful owner
and fully seized and possessed of and otherwise well and sufficiently
entailed has agreed to sell and the vendee has agreed to purchase to
aforementioned property for a lump sum consideration of Rs.
__________ (Rupees _________ only) and agreed to complete the
sale in the name of vendee on the terms and conditions hereinafter
appearing:‐
1. That the vendor has this received full and final payment of Rs.
__________/= (Rupees __________ only) well and truly paid
by the vendee to the vendor, the vendor doth hereby fully
admit and acknowledge and confirm to have received the said
payment and for the same and every part thereof doth hereby
release, acquit and discharge the vendee. And after the total
payment of Rupees one million sale consideration there is
nothing outstanding as the vendee has paid full and final
payment /total sale considerations and in the presence of
witnesses the vendor has issued the receipt separately and
nothing is outstanding.
2. That the vendor has delivered physical possession of the said
property along with all title documents, papers, receipts,
challans, etc. of the said property to the vendee and the
vendee doth hereby admit confirm to have received the same.
3. That the vendor doth hereby covenant the vendee that the
agreement deed is respect of the said property is in full force
and is subsisting and the vendor has not committed any thing
by which the same may be impaired or has become or may
become void or avoidable and that he has not prior to the date
of these presents done, made committed, caused or knowingly
suffered to be done any such act, thing, deed whereby or by
reasons of which the right to transfer the said property has
been or may be impaired or that the property is charged,
encumbered or prejudicially effected in any way.
4. That the vendor doth hereby assures and covenants with the
vendee that he is the full owner of the said property which is
free from all sorts of claims, liens, charges and encumbrances
whatsoever in nature and that he has good right, title and
lawful authority to sell the said property to the vendee in all
respects.
5. That the vendee has taken physical possession of the said
property and shall enjoy all rights, titles, rents and profits of
the same without any let or hindrances, claims, denials,
interruptions, eviction by the aforesaid vendor.
6. That the vendee shall HAVE AND HOLD the said property and
shall use the same subject to all the terms and conditions if
any upon which the vendor held the said property.
7. That the vendor further hereby further undertakes to identify
the same against all losses or damages if any caused due to
miss‐statement/concealment of facts or any defect in the title
of the property.
8. That the vendor hereby declares that he has not entered into
any agreement or negotiation of sale, gift, rent etc. of the said
property prior to this agreement of sale.
9. That the vendee shall bear transfer charges / fee,
documentation charges in connection with transfer of the
aforesaid property in his name.
10. That the terms and conditions of this agreement have been
read over the parties in Urdu and in their mother languages
which they admit to be correct and agree to abide by the
same.
IN WITNESSES WHEREOF the parties hereto have
hereunto set and subscribed their respective hands at Karachi
the day, month and year first abovementioned.

Submit Your Query For a Legal Advice

For rapid response you can also submit your Query at WhatsApp on +92 321 205 7582 For a Legal Advice
 
Law Firm in Pakistan dealing with Civil Litigation, Commercial, Intellectual Property, Real Estate and Family Laws of Pakistan.
E-26, Glass Tower, Clifton
Karachi, Sindh
PK
Phone: +92 321 205 7582


Categories
Property Law

Property Lawyer in Karachi

Our Law Firm offers a fast and efficient service in the following areas of Property Law in all courts of law, including Honourable High Court of Sindh at Karachi and Supreme Court of Pakistan :

  • Property Litigation
  • Acquisition and Sale of Property, both commercial and residential
  • Construction and Planning
  • Landlord & Tenant
  • Legal Action against illegal occupation and encroachment
  • Property Conveyance

Our Clients include property developers, surveyors, banks, pension funds, private clients, retailers, landlords and tenants.

You can Contact Us for detailed consultation.

Irfan Mir Halepota, Advocate Supreme Court of Pakistan.

Telephone: 0321-2057582

Regular Website:  https://www.irfanlaw.com

Law Firm based in Karachi and Islamabad having well experienced Advocates and Lawyers in the fields of Civil Litigation and Property Law.
E-26, Executive Floor, Glass Tower, Clifton,
Karachi, Sindh
PK
Phone: +923212057582

Supreme Court of Pakistan, Islamabad. The Registry of the Supreme Court is also at Karachi.

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About us

Legal Services in Karachi Pakistan for Overseas

Legal Services in Karachi Pakistan for Overseas

Recommended Law Firm in Karachi Pakistan by Legal 500
Recommended Law Firm in Karachi Pakistan by Legal 500

OUR LAW FIRM provides Special Legal Services to Overseas Pakistanis, Foreign Nationals and Companies

Our services include but no limited to:

Civil Litigation in Lower Court, High Courts.

Criminal Litigation, Defense and Prosecution

Succession Certificates, Stay Orders

Recovery of Money, Bad Debts, Loans and Mesne Profits

General and Special Power of Attorney

Dissolution of Marriages, Divorce and Khula
International Divorces
Registration of Marriages and Divorces

Drafting of Divorce Agreements
Divorce Effectiveness Certificate
Court Marriage in Pakistan
On Line Marriage in Pakistan

Settlement of Matrimonial Issues
Drafting of Family Settlements
Recovery of Abducted Children
Child Custody and Visitation
Guardianship of Minors Children
Adoption of Children
Legitimacy of Children

Sale, Purchase and Transfer of Property
Legal Management of Property Matters
Recovery of Possession of Properties
Protection of Intellectual Property
Dealing with Cyber-Crimes
Passport and Immigration Offences

Business Set-Up in Pakistan
Registration of Company and Partnership
Legal Management of Business

Import and Export Matters

Excise and Customs Matters

Rent Matters of Properties
Drafting of Legal Documents
Translation of Documents
Research about Pakistani Laws
Legal Advice and Opinion about Pakistani Laws

Irfan Mir Halepaota & Associates has been ranked as one of the top and Best Corporate Law Firms in Pakistan by the Legal 500, HG and other International Directories of Law Firm.

Submit Your Query For a Legal Advice

For rapid response you can also submit your Query at WhatsApp on +92 321 205 7582 For a Legal Advice
 
Law Firm in Pakistan dealing with Civil Litigation, Commercial, Intellectual Property, Real Estate and Family Laws of Pakistan.
E-26, Glass Tower, Clifton
Karachi, Sindh
PK
Phone: +92 321 205 7582


Categories
Property Law

Sale of Disputed Properties in Karachi Pakistan

Recently due to imposition of new taxes, investors are avoiding to purchase the properties for which they have signed agreements, the only reason is decrease of market value of the properties. Now a days everyone is trying to sell properties in the market, but there is no actual purchaser. Therefore the said principle of demand and supply is applicable in the property market, as there is too much / high supply and very less demand, therefore value of properties are decreasing day by day.

If you have executed an agreement for sale of property and now purchase is not willing to pay the remaining sale consideration for completion of sale agreement, then we can assist you by filing a case for specific performance of contract for enforcement of agreement executed between you and the purchaser.

There are many judgments of High Court and Supreme court of Pakistan for specific performance of the contract.

Disputed Properties KarachiPeople who are real owners of the disputed properties are generally fed up of trying to sell their valuable properties, but they can not get proper value of their property because their properties are disputed. What are the disputes some encroacher or Land grabber has illegally occupied their property and the gentleman or gentle lady can not get vacate their property from the encroacher, land grabber.

Property possession Karachi PakistanThe position is very worst for overseas Pakistani, who while leave Pakistan handover the possession of their property to their friends and relatives for taking care of the property, but after few years they find that their friends or relatives have encroached on their land. The close friend or relative neither pay the rent of the property nor he is ready to vacate the premises, so the actual owner can rent out the property or get possession of the same, in other words it can be said he had lost his property for ever, simply by trusting his close friend or relative.

Tenant Occupied Rented House KarachiSome times people rent out their valuable property to tenant, but after some time when owner of the property ( the landlord ) need property for his personal use the tenant refuses to vacate the property, the gentle owner of the property has to file the case for eviction of tenant and then has to wait for the decision of the court and decision of appeals if any filed by the tenant.

Sale Purchase Disputed Property KarachiNow a days there is practice in the Karachi, that some influential persons purchase these type of disputed property at the value of 25% from the actual owner and easily get possession of the property. On eviction of encroacher the value of the property because as per market value and the influential investor get more than 300% profit on his actual investment within 6 to 18 months.

Disputed Property is not just a phrase of two words but it is the spread term that thousands of people use to find a good dispute property buyer or a real estate agent who can help them sell disputed property. Whereas the cases of disputed property are countless- the number of good real estate agents who actually buy dispute property or help people to sell disputed property is less. Wherever you go in this world of dispute property will be available for sale, but buyers for disputed property are less, if any buyer is available he will be ready to purchase property in less than 25% of the actual value of the property.

Disputes can be of many types- such as: Homeowner and tenant dispute: You have given your home to someone on rent but that person is now denying emptying it. In other words- the tenant has occupied the home. Shop owner and tenant dispute: You have a shop that you have given someone on rent to make some regular money but now the person has occupied the shop. The person is not increasing the rent and also not emptying the shop.

Land and owner dispute: You have some land in other city or village and you live in other city. Someone else occupies that land.

Family Property Dispute Settlement KarachiFamily dispute: You are three brothers/sisters (can be more) who live in different Cities and Countries. One of the brothers/sisters is staying in the ancestral home has totally occupied the home and denying to give a portion or benefit to others. Likewise- family disputes in property can be of many types.

No paper dispute: You are living somewhere for a longtime but you do not have home registry or other legal documents. These are a few types of disputed properties which people are facing now a days.

We always encourage our clients to get re-possession of their property by applying legal process, so they can get proper market value of their property.

 

 

Submit Your Query For a Legal Advice

 
Law Firm in Pakistan dealing with Commercial, Intellectual Property and Litigation Laws of Pakistan.
E-26, Glass Tower, Clifton
Karachi, Sindh
PK
Phone: +92 321 205 7582


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About us

Law Firm Programme for Women rights with Support of Pakistan and International Orgnizations

Pro bono services of our Law Firm are well recognized in Pakistan and Internationally. In collaboration with Local and International Organizations, from to time we have started programs for providing legal aid to the deserving persons specially Women and Children as a Sadqa and Zakkat .

In our Legal assistance program we have provide free legal advice to more than 1,000 women and aware them relating to their legal rights.

Furthermore, as a consequence of the legal awareness programmes being conducted, people started approaching office personally, by email and telephone wanting to seek solutions for their problems.

  • Only those cases that concern women will be taken up for Free Legal Consultation
  • It will also cater to those cases that deal with family laws and family affairs
  • All the risks that a woman might confront and the options available to her must be explained to her, if she approaches for her case, leaving the decision making left to her
  • To ensure the security of the rights of the woman while finalizing the conditions in case of compromise
  • To arrange for mediation on the request of the party i.e. to enter into reconciliation process during the case or prior to entering court on the demand of the party
  • Laws should not be wrongly implemented

Provide complete law related and legal Services on Family, Divorce, Khula, Separation, Court Marriage, Child custody, Adoption, Guardianship, Maintenance, Alimony, Dower amount, Dowry articles, Succession Certificate, Letter of administration, Transfer of Property, Estate law, Lease, Sale Deed, Commercial and Business Law, Corporate Law, Registration of firm, partnership and company, trademark, copyright, Civil law suits, Injunctions, Recovery, damages, defamation, High Courts Appeal, Writ Petitions, and heabus Corpus Petitions etc.

Submit Your Query For a Legal Advice

 
Law Firm based in Karachi having well experienced Advocates and Lawyers in the fields of International Human rights and Women rights Law.
E-26, Glass Tower, Clifton
Karachi, Sindh
PK
Phone: +92 321 205 7582

 

Categories
Property Law

SALE, PURCHASE AND TRANSFER OF PROPERTY REAL ESTATE IN PAKISTAN

SALE, PURCHASE AND TRANSFER OF PROPERTY/REAL ESTATE IN PAKISTAN

OUR LAW FIRM advises and assists clients in sale, purchase and leasing of commercial, agricultural and residential properties in Karachi, Paksitan. We successfully complete the whole process of verification and registration of title documents, procurement of revenue documents “Farad” and get mutation of names in the revenue record.

In developed countries people sell, purchase and transfer property through Law Firms and get avoid from fraud and legal complications. But unfortunately in Pakistan, people directly go for this business, without verification of the title deeds and legal status of the property and get trapped in frauds and legal complications.

After visiting the properties shown by Estate Agent or Property Consultants. The best and safe way to sell, purchase and transfer of property is firstly to consult with lawyer for verification and checking the legal status of the property and then to enter into full written agreement by setting out all the terms and conditions in it. This would save you from property frauds, legal complications and loss of your money.

We initiate speedy legal proceedings against the offenders of Land Grabbing, Illegal Possession of property and Transfer of property by fraudulent manner.

OUR Law Firm provides clients with the best legal services to handle business transactions and deals of all sizes, including contracts and/or agreements pertaining to buying and selling property, leasing for the lessee or lessor, sales and maintenance of real estate and farms and vacant land.

OUR Law Firm has a wide range of practice areas in relation to registration. We guide clients in accordance with the Registration Laws of the Real Estate applicable in Pakistan. In collaboration with our partners, we empower clients to obtain the rights on their ownerships.

OUR Law Firm has experienced litigators, who appear for clients before all levels of the Pakistani courts in order to fight on behalf of them, for both the plaintiff and the defendant, before all stages of arbitration panels and the various forms of the ADR as well as representing them in all attempts to attain an amicable settlement with their opponents.

Irfan Mir Halepota, Advocate Supreme Court of Pakistan.

Submit Your Query For a Legal Advice

For rapid response you can also submit your Query at WhatsApp on +92 321 205 7582 For a Legal Advice
 
Law Firm in Pakistan dealing with Civil Litigation, Commercial, Intellectual Property, Real Estate and Family Laws of Pakistan.
E-26, Glass Tower, Clifton
Karachi, Sindh
PK
Phone: +92 321 205 7582


Categories
Property Law Real Estate Deals

How foreigners can invest in Pakistan real estate

Foreigners living in Pakistan could be discouraged to rent or buy property here in the sense that a little bit lengthy and lethargic process which can take several months to complete. The following post discusses the process in detail as well as why the government needs to relax the process in order to attract foreign investment in Pakistan real estate sector.

Following are the documents that foreigners are required to submit to the home department if they wish to rent or buy property in Pakistan.

  1. An employment letter from the company they’re currently working for, declaring the nature of their job, the duration of their employment along with the contact details of the company per se.
  2. A copy of their passport, along with the copy of a valid visa with six recent, passport size photographs.
  3. They are also required to submit a copy of the landlord/realtor’s CNIC.
  4. Additionally, the owner of the property in question also needs to submit attested copies of proof of ownership.
  5. Last but not the least, the law requires a contract to be drafted in the name of the occupant of the property. In case, a new tenant occupies the property, he’s legally required to get a new contract otherwise strict legal action would be taken against him.

Violation of the above mentioned procedure may lead to prosecution of the tenant, the landlord or both.

The whole of this process is daunting to say the least and keeps foreigners from investing in Pakistan real estate. The refusal on part of government to let foreigners freely buy and sell property in Pakistan is due to security concerns.

Contact us or For more information and articles relating to Pakistani Laws, you may visit our blog

 

Irfan Mir Halepota & Associates

Karachi Office

Office # E-26, Executive Floor,
Glass Tower,
Khayaban-e-Iqbal (Clifton Road),
Teen Talwar, Clifton,
Karachi, Sindh,
Pakistan.

Telephone No.  +92-21-35642634
Mobile Phone No. +92-321-2057582
Mobile Phone No. +92-300-8233580

Email: info@irfanlaw.com
Website: https://www.irfanlaw.com

You can Contact Us for detailed consultation.

Irfan Mir Halepota, Advocate Supreme Court of Pakistan.

Telephone: 0321-2057582

Regular Website:  https://www.irfanlaw.com