Earnest Deposit Agreement Template for Pakistan

1. Escrow Arrangements: Details of escrow account and administrator if the earnest money is held in escrow

2. Time Extension Provisions: Provisions for extending the period of the agreement if needed

3. Force Majeure: Provisions for unforeseen circumstances that may affect the agreement

4. Assignment Rights: Terms regarding whether parties can assign their rights under the agreement

5. Multiple Deposits: Provisions for cases where earnest money is to be paid in installments

6. Bank Guarantee: Terms for when earnest money is provided in the form of a bank guarantee instead of cash

1. Schedule A - Property Details: Complete legal description of the property, including boundaries, registration details, and encumbrances

2. Schedule B - Payment Schedule: Detailed breakdown of payment terms, dates, and methods if multiple payments are involved

3. Schedule C - Required Documents: List of documents required from both parties for the transaction

4. Appendix 1 - Property Documents: Copies of relevant property documents, titles, and certificates

5. Appendix 2 - Identity Documents: Copies of identity documents of all parties