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Final Sale Agreement
"I need a Final Sale Agreement for the purchase of a commercial property in Lahore, Pakistan, with completion scheduled for March 15, 2025, including provisions for installment payments and current tenant rights."
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 subject matter, and purpose of the agreement
3. Definitions: Definitions of key terms used throughout the agreement
4. Subject Matter of Sale: Detailed description of the property/goods being sold
5. Purchase Price: The agreed price and payment terms, including any deposits or installments
6. Payment Terms: Detailed payment schedule, method of payment, and consequences of default
7. Transfer of Title: Terms regarding transfer of ownership and risk
8. Seller's Representations and Warranties: Warranties about ownership, condition, and quality of the subject matter
9. Buyer's Representations and Warranties: Confirmations regarding capacity to purchase and compliance with laws
10. Completion: Details of the completion process, including timing and location
11. Default and Remedies: Consequences of breach and available remedies
12. Governing Law and Jurisdiction: Specification of Pakistani law as governing law and jurisdiction for disputes
13. Notices: Process for sending and receiving formal notices
14. Execution: Signature blocks and execution formalities
1. Conditions Precedent: Used when completion is subject to certain conditions being met
2. Due Diligence: Include when buyer requires inspection or verification rights before completion
3. Third Party Rights: Required when there are existing encumbrances or third-party interests
4. Tax Provisions: Include detailed tax arrangements when significant tax implications exist
5. Regulatory Compliance: When sale requires specific regulatory approvals or compliance
6. Force Majeure: Include for long-term completion arrangements or where external factors might affect completion
7. Assignment Rights: Include when either party may need to transfer their rights
8. Confidentiality: Required for sensitive commercial transactions
9. Islamic Finance Compliance: Include when transaction needs to comply with Islamic banking principles
1. Schedule 1 - Property/Goods Description: Detailed technical or legal description of the sale subject matter
2. Schedule 2 - Payment Schedule: Detailed breakdown of payment terms and installments if applicable
3. Schedule 3 - Completion Requirements: List of documents and actions required for completion
4. Schedule 4 - Encumbrances: List of existing charges, liens or encumbrances if any
5. Schedule 5 - Required Consents: List of third-party or regulatory consents required
6. Appendix A - Title Documents: Copies of relevant title documents or certificates
7. Appendix B - Due Diligence Reports: Technical or legal due diligence reports if applicable
8. Appendix C - Regulatory Approvals: Copies of obtained regulatory approvals or licenses
Authors
Real Estate
Manufacturing
Retail
Automotive
Technology
Agriculture
Construction
Industrial Equipment
Consumer Goods
Energy
Mining
Telecommunications
Hospitality
Healthcare
Education
Professional Services
Legal
Commercial
Finance
Procurement
Sales
Operations
Compliance
Risk Management
Business Development
Property Management
Asset Management
Corporate Secretarial
Executive Leadership
Legal Counsel
Contract Manager
Business Development Manager
Chief Executive Officer
Chief Financial Officer
Property Manager
Sales Director
Procurement Manager
Real Estate Agent
Company Secretary
Commercial Director
Operations Manager
Asset Manager
Compliance Officer
Risk Manager
General Manager
Managing Director
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