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Sale Deed For Undivided Share Of Land
"I need a Sale Deed for Undivided Share of Land to transfer my 25% share of our family agricultural property in Lahore to my younger sister, with the remaining shares staying with my other two siblings, to be executed by March 2025."
1. Parties: Identification and details of the Seller(s) and Purchaser(s), including their complete names, ages, occupations, and addresses
2. Background: History of ownership, current ownership status, and context of the undivided share sale
3. Definitions: Definitions of key terms used in the deed, including 'Property', 'Share', 'Co-owners', and other relevant terms
4. Details of Property: Complete description of the entire property including location, boundaries, and total area
5. Share Details: Specific details of the undivided share being sold, expressed as a fraction or percentage
6. Consideration: Sale price, payment terms, and confirmation of receipt
7. Rights and Interests: Description of rights being transferred and retained by other co-owners
8. Seller's Representations: Warranties about title, encumbrances, and authority to sell
9. Possession: Terms of possession and usage rights of the undivided share
10. Registration and Expenses: Details about registration requirements and responsibility for expenses
11. Governing Law: Specification of Pakistani law as governing law and jurisdiction
12. Execution: Signature blocks and witness requirements
1. Co-owner's Consent: Required when other co-owners need to formally consent to the sale
2. Power of Attorney: Included when any party is acting through an authorized representative
3. Bank Mortgage Details: Required if the property has any existing mortgage or if the purchase is financed
4. Development Authority NOC: Required when property is in an urban area requiring development authority approval
5. Usage Rights Agreement: Specific arrangements for sharing and using the property among co-owners
6. Tax Declarations: Specific statements regarding tax compliance and capital gains tax
7. Future Right of First Refusal: Optional clause giving existing co-owners first right to purchase if the share is resold
1. Schedule A - Property Description: Detailed technical description of the entire property including survey numbers, boundaries, and measurements
2. Schedule B - Share Calculation: Mathematical calculation and exact specification of the undivided share being transferred
3. Schedule C - Title Documents: List of all previous title documents and chain of ownership
4. Schedule D - Payment Schedule: If payment is in installments, detailed payment schedule with dates and amounts
5. Schedule E - Encumbrance Certificate: Copy or details of recent encumbrance certificate
6. Appendix 1 - Property Papers: Copies of essential property documents including tax receipts and utility bills
7. Appendix 2 - Site Plan: Approved site plan or survey plan of the property
Authors
Undivided Share
Share Percentage
Seller
Purchaser
Co-owners
Consideration
Completion Date
Effective Date
Encumbrances
Title Documents
Common Areas
Property Documents
Permitted Use
Revenue Records
Registration Authority
Development Authority
Land Revenue Authority
Mutation
Possession
Transfer Deed
Site Plan
Schedule
Stamp Duty
Registration Fee
Ownership Rights
Common Facilities
Joint Rights
Undivided Interest
Co-ownership Rights
Share Specification
Consideration
Payment Terms
Title Warranty
Encumbrance Declaration
Transfer of Rights
Co-ownership Rights
Possession
Common Areas Usage
Registration Requirements
Stamp Duty
Representations and Warranties
Covenants
Indemnification
Rights of First Refusal
Future Sale Rights
Property Maintenance
Dispute Resolution
Governing Law
Force Majeure
Severability
Notices
Amendment
Entire Agreement
Further Assurance
Succession
Costs and Expenses
Compliance with Laws
Municipal Approvals
Real Estate
Construction
Property Development
Banking and Finance
Legal Services
Agriculture
Industrial Development
Commercial Property
Residential Property
Urban Development
Legal
Real Estate
Property Management
Compliance
Corporate Affairs
Documentation
Land Acquisition
Title Research
Property Development
Risk Management
Real Estate Lawyer
Property Manager
Land Revenue Officer
Real Estate Developer
Corporate Counsel
Property Valuation Expert
Legal Consultant
Real Estate Investment Manager
Development Authority Officer
Title Search Specialist
Compliance Officer
Real Estate Transaction Manager
Property Documentation Specialist
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