Saturday, September 3, 2011

SALE DEED


SALE  DEED  OF  RESIDENTIAL  CONTRUCTED 
POLT NO. ____ MEASURING _____  SQUARE YARDS
SITUATED AT____________ AND DISTRICT __________ 
KARACHI VALUED Rs. _______ ( RUPEES _____ ONLY.


ThisIndenture OF SALE Deed is made at Karachi on this ___ Th. day of ________200__.

B E T W E E N

_________________S/o.________________________ through General  Attorney  Mr.______
_________________S/o.________________________ resident of ______________________
_________________Karachi, Regd. General Power of Attorney No._____________________
Dated ____________ of office of Sub-Registrar Div- ___ Karachi. M.F Roll No. ___________Dated___________ Executant is alive and Power of Attorney is intact. Hereinafter referred to as VENDOR.

A N D

______________________ S/o. D/o.____________________ Muslim, adult , resident of H/No.
______________________________Karachi, Holder of NIC # ___-___-________, hereinafter referred to as VENDEE of the Second Part,( Both the expressions wherever the context as permits shall mean and include their heirs, executors, successors, assignees and other legal representatives and assignees.)

WITNESSESTH AS UNDER:-

              WHEREAS the Vendor abovenamed is at the date of these presents of sole and undisputed owner, seized and possessed of and is otherwise well and sufficiently entitled to a residential Plot # ______________________________________________________ _________________ Karachi.

               AND WHERAS the Vendor abovenamed has filed an affidavit with the Sub-Registrar, Karachi, in pursuance of Section 8(I) (a) of the West Pakistan Co-Operative Societies and Co-Operative Bank (Repayment of loans) Ordinance XXV of 1966. To the effect that the Vendor does not owe any loan to any Co-Operative Society or Co-Operative Bank repayable immediately o on a future date.

                AND WHERAS the Vendor abovenamed has agreed to transfer the lease hold rights in the said plot to the aforesaid Vendee for a lump sum price of Rs._______/=.

              NOW THIS INDENTURE OF SALE WITNESSESTH AS UNDER: -

1.                 That in pursuance of Agreement between Vendor and the Vendee and in consideration of a sum of
 Rs.______/= (Rupees ____________________ only) has been paid this day by the Vendee abovenamed to the Vendor abovenamed. The receipt of which the said vendor hereby fully admits and acknowledge and doth hereby release, acquit and discharge the said Vendee, the vendor abovenamed hereby transfer to the Vendee abovenamed by way of Sale the said plot of land fully described in the Schedule of plot hereto.

2.                 That the Vendor doth hereby grant. Sell, assign, convey and otherwise transfer the said Lease hold
rights as well as ownership rights in the said plot to the aforesaid Vendee free from all sorts of claims, liens, demands, taxes, mortgages and burdens of whatsoever nature, TO HAVE AND HOLD the same for unto and to the use of the said Vendee subject to all terms and conditions if any upon which the Vendor hold the said plot.

3.                 That  the Vendor doth hereby covenant with the Vendee that the lease in respect of the said plot is
 in full force and is subsisting and the Vendor have not committed any thing by which the same may be impaired or has become or may become void or voidable and that ceases and taxes, if any, due and payable by the Vendor have been paid upto the date or these presents and if not so paid the vendor alone shall be liable therefore.

4.                 That the vendor  doth hereby covenant and assures the Vendee that he is the full owner of the plot
 hereby conveyed and transferred and none else has any rights or interest in the said plot and he has good rights and title and full authority to sell the said plot and that he has not prior to the date of these presents done, made, committed, caused or knowing suffered to be done, any such things or deeds whereby or by reason of which the right to transfer the said plot has been or may be impaired or that the plot is charged, encumbered or prejudicially affected in any way

5.                 That the Vendor doth hereby covenant with the Vendee that they shall from time to time and at all
times whenever called upon by him i.e. by the Vendee do or cause to be done all lawful and reasonable acts, things, deeds for better assuring and more perfectly assigning the said plot unto the Vendee and he will keep the Vendee indemnified and harmless against all actions, costs, damages, claims, losses and detriments occasioned to and sustained by the Vendor due to any defect in the title or any suit or demand preferred by one in respect of the said plot or by reason of any act on the part of the Vendor affecting adversely the said plot or any thereof.

6.                 That the Vendor has delivered vacant, unquarreld and peaceful possession of the said plot to the
 Vendee alongwith all its relevant documents and papers.


                                           SCHEDULE  OF  PROPERTY

           ON  THE  NORTH  BY   :
           ON  THE  SOUTH   BY  :
           ON  THE  EAST      BY  :
           ON  THE  WEST     BY  :


         IN WITNESSES WHEREOF THE Parties have hereunto set and subscribed their hands respectively.


                                                                               VENDOR_______________________
                                                                               NIC #      _______________________
WITNESSES:

1. ________________
    ________________                                              VENDEE_______________________
2. ________________                                             NIC #     _______________________
   ________________

SALE DEED
Drafted by

S.M ZUBAIR
Advocate

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