Thursday, 3 October 2013

Performa of Sale Agreement (In Pakistan)

SALE AGREEMENT


This Sale Agreement is made at Rawalpindi on this 3rd day of March 2007 by Mr. Muhammad Ibrahim son of Haji Barkat, resident of House No. NA-100, 7th Road, Satellite Town, Rawalpindi (hereinafter called the Vendor)

IN FAVOUR OF

Syed Ali Raza son of Syed Wajid Ali, resident of House No.152, St. No.48, Sector F-10/4 Islamabad, NIC No.61101-5566868-7 (hereinafter called the Vendee)

WHEREAS the Vendor is the owner in possession of Plot No.719-F size 30 x 70, Sector G-11/1 Islamabad (hereinafter called the Said Property).


WHEREAS the Vendor intends to sell his above property to the Vendee at a sum of Rs. 65,00,000/- against which the vendee has paid the entire amount. The vendor has this day, delivered peaceful possession of the said plot with all its documents to the vendee who will henceforth be the sole owner of the same and shall hold, occupy and enjoy peaceful possession and profit to which the vendor shall have no claim or concern. The vendor does hereby assure to be the sole owner of the said plot. That the vendor further undertake to be ready to sign all such acts, documents whatever required for the transfer / lease of the said plot in favour of vendee or his / her nominee. That all terms and conditions of this agreement have been read over to the parties which they admit to be correct and agree to abide by them.


IN WITNESSES WHEREOF both the parties have set their respective hands to this deed on the day, month and year already mentioned above.

Vendor
 
Vendee
Witness 1
Witness 2

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