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Deed Of Sale Notary Template for Pakistan

A Deed of Sale Notary is a formal legal document used in Pakistan for transferring ownership of property from one party to another. It must comply with the Transfer of Property Act 1882, Registration Act 1908, and relevant provincial laws. The document requires notarization and subsequent registration with the Sub-Registrar's office, making it a legally binding instrument. It includes detailed property descriptions, consideration amount, warranties of title, and must be executed in the presence of witnesses. The deed serves as conclusive proof of property transfer under Pakistani law and requires payment of applicable stamp duty as per the Stamp Act.

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What is a Deed Of Sale Notary?

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.

What sections should be included in a Deed Of Sale Notary?

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

What sections are optional to include in a Deed Of Sale Notary?

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

What schedules should be included in a Deed Of Sale Notary?

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) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

Pakistan

Document Type

Deed of Sale

Cost

Free to use

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