Agreement of Sale pattern for property

AGREEMENT OF SALE

This agreement of sale is made at Karachi , this __________day __March___2009.

Between

Mr. -----------------------------  S/O ------------------------------------. Holding national identity card # ------------------------, Adult resident of ---------------------- P/o  Tehsil & Distt. Dadu , hereinafter called the vender party of the first part:

And

Mr. ----------------------------- S/O ------------------------------- - Holding national identity card # --------------------------, Adult, resident of House No.-----------------------------, Gulistan e Jauhar, Blk-09, Karachi. hereinafter called the vendee party of the Second part

(Both expression shall where ever the context so permits , means and include their heirs, Executers, Administrator, Successor, and Assigns,)

Witness as under:

Whereas the aforesaid vender is at the date of these presents sized and possessed of and otherwise will and sufficiently entitle to ------------------------.14, BHITTAIABAD consist on Three Shops & behind remaining plot hereinafter called “Said Property”.

Vide: Approximately 165 Sq Yards.

And whereas the “Vender” agrees to sell and the, “Vendee” above named agrees to purchase the “ Said Property” for a lump sum price of Rs: 21,00,000 /- (Rupees Twenty One  lacs Only), on the following terms and conditions:

Vender:________________                                                   Vendee:________________

1.         .That the vender above named has received a sum of Rs.21,00,000/- (Rupees Twenty One  lacs Only), Through cash from the vendee being the full and final sale settlement of the above “ Said Property” receipt whereof the vender here by fully admits and acknowledges.

2.                  That the venders here by convents that he / she is the right full and legally absolute owner of the “ Said property” having valid marketable title in his / her name further under tax to indemnify the vendee against all losses or damages if caused due to any mis-statement, concealment of facts or any defect in the title.

3.                  That the vender has this day delivered peaceful vacant physical possession of the “said property” to vendee with all its complete / requisite documents and has hence surrendered, ceased and withdraw all his / her rights, title ownership in respect of the “ Said Property” up to the date of the above named vendee.

4.                  That the vendee hereby undertakes that he will be satisfactorily responsible to cleared all the all dues of KESC Energy bill in respect of the said property.

( Account No ----------------------------, Consumer No LA ---------------------, Meter No --------------------------------).

5.                  That the Vender hereby undertakes  that he will be satisfactorily cleared all, levies, Taxes, Arrears etc. in respect of the “ said property” up to the date of agreement and possession.

6.                  That the vendee shall pay all the expenses of Documents whatever required to vendee in respect of “Said property” from time to time.

Witness where of the parties have set and subscribed their respective hands at Karachi on day, month and the year first above mentioned.

Witness:-

1.________________________                                 Vender:____________________

Address;__________________                                 Name:______________________

__________________________                                C.N.I.C #___________________

2.________________________                                 Vendee:____________________

Address;__________________                                 Name:______________________

__________________________                                C.N.I.C #___________________

RECEIPT

Received a sum of Rs. 21,00,000 (Rupees Twenty One  lacs Only),Through Cash  From ---------------------------------------- S/O --------------------------------------------

Being the full and final settlement of the sale price Rs. 21,00,000/- /- (Rupees Twenty One  lacs Only), For  -------------------------------, Bhittaiabad, Gulistan e Jauhar, Block-9, Karachi, which is consist on Three Shops Behind remaining said plot.

 And nothing is outstanding to the vendee being the full and final settlement and sold / assigned to vendee and delivered vacant possession with its original requisite / relevant documents and receipts etc as per Agreement of Sale.

Karachi

Dated:________________                                         Vender:_____________________

                                                                                    Name:______________________

                                                                                    C.N.I.C #____________________