Thursday, August 1, 2013

Sale Agreement Between Jamiluddin and Khadim



AGREEMENT TO SELL
        THIS AGREEMENT TO SELL is made at Karachi this ___ th day of _________  2013,
BETWEEN
KHADIM HUSSAIN S/O. ALLAH DITTA, Muslim, Adult , resident of House No. E-135/1, Block-E, Malir Halt, Shah Faisal Town, Karachi, hereinafter called as the “VENDOR” (which expression wherever and whenever the context so permits shall means and include his heirs, executors, administrators, successors, assignees,  legal representatives, attorneys, agents) of the ONE PART;

AND

JAMIL UDDIN ANSARI S/O. GHAYAS UDDIN, Muslim, adult resident of 174/332, Millat Town, Karachi hereinafter called the “VENDEE”  (which expression wherever and whenever the context so permits shall means and include his heirs, executors, administrators, successors, assignees,  legal representatives, attorneys, agents) of the OTHER PART;

WITNESSES AS UNDER
1.      WHEREAS the Vendor above named is at the date of these presents seized, possessed and sufficiently is the exclusive alotee/transferee and owner of immoveable property viz. House No. E-135/1, Block-E, Measuring 80 Sq. Yds. Sitated at  Gulfishan Housin Soceity, Malir Halt, Shah Faisal Town, Karachi, hereinafter called the said House.

2.      WHEREAS the Vendor is hereby agree to sell, convey, assign and transfer and the Vendee is hereby agree to purchase House No. E-135/1, Block-E, Measuring 80 Sq. Yds. Sitated at  Gulfishan Housin Soceity, Malir Halt, Shah Faisal Town, Karachi, for lump sum of Rs.5,50,000/= (Rupees Five Lacs and Fifty Thousand only) being full and final settlement toward the sale price of the said House No. E-135/1, free from all claims, charges, mortgages, dues, encumbrances or dispute.

3.      WHEREAS the above said Vendor has received lump sum of Rs.5,50,000/= in mode of:  in Cash Rs. 400,000/= (Rupees Four Lac Only) and Rs. 150,000/= (Rupees One Lac and Fifty Thousand Only) for outstanding dues of Utility Bills i.e. KESC and Gas Co. from the Vendee in respect of the said House No. E-135/1.

4.      WHEREAS the Vendee has hereby paid the entire amount in cash to Vendor, the Vendor hereby acknowledges. A separate receipt for the said amount has also been executed in presence of witnesses.

5.      That in pursuance of this agreement the Vendor has delivered the physical vacant possession of the said House/ Plot/Land to the Vendee at the time of execution of this agreement.

6.      That all the document, pertaining to the said House No. E-135/1, Block-E, Measuring 80 Sq. Yds. Sitated at  Gulfishan Housin Soceity, Malir Halt, Shah Faisal Town, Karachi, and entire possession this has been handed over by the Vendor to the Vendee.

7.      That the Vendor and his heirs, executors, administrators, successors, assignees and other legal representatives will have no right or concern in the said property.

8.      That in future all the demands, taxes, lease deed, occupancy value etc shall be borne by the Vendee.

9.      That the vendor undertakes to effect the transfer of the said House/Plot in the name of the Vendee and will do all acts, things and deeds for the better and more perfectly conveying the said plot to the Vendee his heirs, executors, administrators, successors, assignees and other legal representatives otherwise the Vendor will indemnify to the Vendee.

IN WITNESSES WHEREOF the aforesaid parties have set their respective hands at Karachi on the day aforesaid in presence of the following witnesses.
WITNESSES
(1)   ____________________                    VENDOR ____________ ____________________                            CNIC #. 42201-5038475

(2)   ____________________                    VENDEE ____________ 
____________________                       

 

2 comments:

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