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Deed Of Sale Notary

Deed Of Sale Notary Template for Pakistan

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Key Requirements PROMPT example:

Deed Of Sale Notary

"I need a Deed of Sale Notary for transferring my residential property in Lahore to an individual buyer, with the standard warranties and representations, planning for completion by March 2025."

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Document background
The Deed of Sale Notary is a crucial legal instrument in Pakistani property law, used when transferring ownership rights of immovable property between parties. This document type is mandatory for all property transfers in Pakistan and must comply with various legislative requirements, including the Transfer of Property Act 1882 and provincial property laws. The deed must be notarized and registered with the Sub-Registrar's office to be legally valid. It contains essential information such as property details, consideration amount, party information, and various declarations and warranties. The document becomes particularly important in establishing clear title and preventing future property disputes. Its format and content are strictly regulated by law, making it a fundamental tool in Pakistani real estate transactions.
Suggested Sections

1. Parties: Full legal names, addresses, and CNIC numbers of the seller(s) and purchaser(s)

2. Background: Brief history of property ownership and context of the sale

3. Definitions: Definitions of key terms used throughout the deed

4. Property Description: Detailed description of the property including exact measurements, boundaries, and location details

5. Title and Ownership Declaration: Seller's declaration of clear title and right to sell the property

6. Consideration: Purchase price, payment terms, and confirmation of receipt

7. Transfer of Rights: Express statement transferring all rights and interests in the property

8. Possession: Terms and timing of giving possession to the purchaser

9. Representations and Warranties: Seller's warranties regarding property title, encumbrances, and legal compliance

10. Execution and Registration: Requirements for execution, witnessing, and registration of the deed

Optional Sections

1. Encumbrances: Details of any existing mortgages, liens, or other encumbrances - include if property is not free from all encumbrances

2. Tax Matters: Specific arrangements regarding payment of property taxes and other dues - include if there are outstanding taxes or special arrangements

3. Power of Attorney: Details of power of attorney if any party is acting through an attorney - include if applicable

4. Pending Litigation: Declaration regarding any pending litigation - include if there are ongoing legal matters

5. Third Party Rights: Details of any third party rights or interests - include if applicable

6. Islamic Finance Compliance: Specific clauses ensuring compliance with Islamic finance principles - include if required by parties

Suggested Schedules

1. Schedule A - Property Details: Comprehensive property description including layout plans and measurements

2. Schedule B - Title Documents: List of all title documents and their chain of custody

3. Schedule C - Payment Schedule: Detailed breakdown of payment terms and installments if applicable

4. Schedule D - Encumbrance Details: List of existing encumbrances and their status if any

5. Appendix 1 - Property Papers: Copies of original property papers and documents

6. Appendix 2 - NOCs: Copies of necessary No Objection Certificates from relevant authorities

7. Appendix 3 - Tax Receipts: Copies of paid tax receipts and clearance certificates

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant Industries

Real Estate

Construction

Banking and Finance

Legal Services

Property Development

Agriculture (for agricultural land)

Industrial

Commercial Property

Residential Property

Infrastructure Development

Relevant Teams

Legal

Real Estate

Compliance

Property Management

Corporate Affairs

Risk Management

Business Development

Asset Management

Documentation

Strategy

Relevant Roles

Legal Counsel

Property Manager

Real Estate Agent

Compliance Officer

Corporate Lawyer

Property Developer

Land Acquisition Manager

Title Examiner

Real Estate Investment Manager

Property Rights Specialist

Company Secretary

Business Development Manager

Asset Manager

Risk Management Officer

Industries
Transfer of Property Act, 1882: The fundamental law governing property transfers in Pakistan, defining requirements for valid property transfers, rights and obligations of parties, and essential elements of a sale deed
Registration Act, 1908: Mandates the registration of sale deeds with the relevant Sub-Registrar's office and specifies the procedure for registration of property documents
Stamp Act, 1899: Determines the stamp duty payable on sale deeds and other property documents, which varies by province
Notaries Ordinance, 1961: Governs the appointment and functions of notaries public in Pakistan, including their power to verify and authenticate documents
Land Revenue Act, 1967: Regulates the maintenance of land records and mutation of property in revenue records after sale
Provincial Land Laws: Specific provincial regulations governing property transfers in the relevant province where the property is located
Islamic Law Principles: Relevant Islamic law principles that may affect property transactions, particularly in cases involving Islamic modes of finance or inheritance
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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