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Conditional Deed Of Sale
"I need a Conditional Deed of Sale for a commercial property in Lahore, Pakistan, where the sale is contingent on obtaining necessary zoning permits by March 2025, with a purchase price of 50 million PKR to be paid in three installments."
1. Parties: Identification and details of the Seller and Buyer, including full legal names, addresses, and registration details if companies
2. Background: Context of the sale, brief description of the property, and intention to enter into a conditional sale arrangement
3. Definitions: Key terms used throughout the deed including Property, Completion Date, Purchase Price, Conditions Precedent
4. Sale and Purchase: Core agreement to sell and purchase the property subject to conditions
5. Purchase Price: Detailed breakdown of the purchase price, payment schedule, and payment methods
6. Conditions Precedent: Specific conditions that must be fulfilled before the sale becomes absolute
7. Completion: Process and requirements for completing the sale once conditions are met
8. Seller's Warranties: Warranties regarding property title, encumbrances, and authority to sell
9. Property Possession: Terms regarding possession, maintenance, and risk until completion
10. Default and Remedies: Consequences of default by either party and available remedies
11. Notices: Process and requirements for serving notices under the deed
12. Governing Law: Confirmation of Pakistani law as governing law and jurisdiction
13. Execution: Formal execution block for parties' signatures and witnesses
1. Deposit Terms: Used when a deposit is required, detailing amount, payment terms, and handling
2. Third Party Rights: Include when there are existing tenants or other third-party interests in the property
3. Due Diligence: When buyer requires specific due diligence rights and process
4. Environmental Matters: For industrial or commercial properties where environmental conditions are relevant
5. Development Rights: When the property has potential development value or existing planning permissions
6. Assignment: If parties want to allow/restrict the ability to assign rights under the deed
7. Force Majeure: When parties want specific provisions for unforeseen circumstances
8. Confidentiality: For high-value or sensitive transactions requiring confidentiality
1. Property Description: Detailed legal description of the property including boundaries, measurements, and registration details
2. Payment Schedule: Detailed breakdown of payment installments and dates
3. Conditions Precedent Details: Comprehensive list of all conditions and their fulfillment requirements
4. Title Documents: List of all title documents and their copies
5. Existing Encumbrances: Details of any existing mortgages, charges, or other encumbrances
6. Property Inventory: For sales including fixtures, fittings, or other movable property
Authors
Property
Seller
Buyer
Purchase Price
Completion Date
Conditions Precedent
Completion
Deposit
Due Diligence Period
Effective Date
Encumbrances
Force Majeure
Possession Date
Property Documents
Registration
Stamp Duty
Title Deeds
Warranties
Working Day
Permitted Use
Relevant Authority
Transfer Documents
Completion Payment
Default Event
Notice
Recitals
Definitions
Agreement to Sell and Purchase
Purchase Price and Payment Terms
Conditions Precedent
Due Diligence
Title and Warranties
Property Transfer
Possession and Risk
Completion Mechanics
Registration and Stamp Duty
Default and Remedies
Representations and Warranties
Property Maintenance
Insurance
Indemnification
Force Majeure
Notices
Assignment
Severability
Entire Agreement
Governing Law and Jurisdiction
Dispute Resolution
Confidentiality
Costs and Expenses
Amendment and Modification
Waiver
Counterparts
Further Assurance
Real Estate
Construction
Banking & Finance
Legal Services
Agriculture
Industrial
Commercial Property
Residential Property
Retail
Manufacturing
Legal
Real Estate
Compliance
Property Management
Corporate Affairs
Risk Management
Operations
Acquisitions
Investment
Documentation
Property Lawyer
Real Estate Manager
Legal Counsel
Property Developer
Land Acquisition Manager
Compliance Officer
Real Estate Agent
Property Investment Manager
Contract Manager
Legal Director
Property Portfolio Manager
Corporate Lawyer
Real Estate Director
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