Prelease Agreement of Sell
Prelease Agreement of Sell
Prelease Agreement of Sell
THIS PRE LEASE AGREEMENT OF SELL is made at Karachi this ______ day of
_____________ 2017.
BETWEEN
AND
______________________ ______________________
Signature of Vendor Signature of Vendee
Contd…..P/2
(2)
WHEREAS the Vendor above named is seized and possessed of and is otherwise well
and sufficiently entitled to all that Bungalow (constructed Ground + First Floor)
Residential Plot of Land bearing No. ___________, measuring __________ Square
Yards, (Survey Sheet No. 35-P/1), situated at ______________ Co-operative Housing
Society Limited, Block No. __________, Karachi, hereinafter referred to as the SAID
PROPERTY.
AND WHEREAS the said owner _______________________, constructed the said Plot
as per Approved Building Plan and after the completion of construction work, Karachi
Development Authority, issued Completion Plan / Occupancy Certificate vide Letter No.
________________________, Dated: __________________.
AND WHEREAS the said property transferred/mutated in the names of above said
Vendor in the records of (1) ______________ Co-operative Housing Society Limited
Karachi, Dated: _____________, as per endorsement on backside of the Allotment
Order, (2) Karachi Co-operative Housing Societies Union Limited, vide Letter No.
_________________, Dated: ______________, (2) Government of Pakistan, Ministry
of Housing and Works Islamabad, vide Letter No. _____________________, Dated:
______________.
AND WHEREAS the VENDOR has agreed to sell and transfer to the VENDEE the said
property in vacant and physical possession along with all benefits, rights, title, interest,
privileges, utilities, appurtenance, easements enjoyed or attached to the said property with
clear, valid subsisting and marketable title free from all encumbrances, charges, taxes,
dues, duties, burdens, mortgages, liens, ground rent, premium, disputes, litigation etc of
any nature whatsoever with vacant and physical possession and the VENDEE has agreed
to purchase the said property for an agreed lump sum price of Rs._____________/-
(Rupees _________________________________ only) on the terms and conditions
herein contained.
______________________ ______________________
Signature of Vendor Signature of Vendee
Contd…..P/4
(4)
1. That the VENDOR has agreed to sell, transfer, convey and assign to the VENDEE
all his rights, title and interest in All that Bungalow (constructed Ground + First
Floor) Residential Plot of Land bearing No. ___________, measuring
__________ Square Yards, (Survey Sheet No. 35-P/1), situated at
______________ Co-operative Housing Society Limited, Block No.
__________, Karachi including all benefits, rights, title, privileges, utilities,
appurtenances, easements enjoyed or attached to the said property with valid,
subsisting and marketable title free from all encumbrances, liens, charges, taxes,
dues, duties, burdens, mortgages, ground rent, liabilities, disputes, litigation,
adverse possession etc. of any nature whatsoever with vacant, peaceful, physical
possession and the VENDEE has agreed to purchase the said property for the price
of Rs.______________/- (Rupees _________________________________ only)
on the terms and conditions herein contained.
______________________ ______________________
Signature of Vendor Signature of Vendee
Contd…..P/5
(5)
The receipts of which the VENDOR do hereby fully admit and acknowledge and
has also passed a separate receipt thereto as full and final payment.
3. That the Vendor having received full price against the sale of the said property in
the manner aforesaid amounting to Rs._____________/- (Rupees ___________
________________________ only), the VENDEE has this day on the execution
and of this Agreement handed over and delivered to the VENDEE vacant and
physical possession of the said property along with all the original documents of
title viz. Allotment Letter, Shares Certificate, Site Plan, Mutation/Transfer Letters,
upto date paid Ground rent Challan, upto date No Dues Certificate from
_________________ Co-operative Housing Society Limited Karachi, Karachi Co-
operative Housing Societies Union Limited, Ministry of Housing and Works,
Government of Pakistan, and with up-to-date paid challans of the said property
and other relevant papers and duly paid utility bills pertaining to and in respect of
the said property to the VENDEE and the VENDEE acknowledge to has received
vacant and physical possession of the same along with the said relevant
documents.
4. That the VENDOR has assured the VENDEE that he has got a good, valid,
subsisting and unencumbered marketable title to the said property under sale, free
from all encumbrances, commitments, charges, claims, disputes and liens of any
nature whatsoever and that he shall do and cause to be done at his own cost all the
lawful acts, deeds, matters and things for better assuring and more perfectly
assigning the said property in favour of the VENDEE.
5. That the VENDOR has assured the VENDEE that he has not entered into any
agreement of sale nor he transfer the said property in any other name or to any
other person by way of sale/gift/rent or by any other mode in respect of the said
property under sale prior to this Agreement.
6. That the VENDOR shall be responsible to pay and clear all the dues, taxes, and
charges including ground rent, non-utilization charges, dues, taxes, rates, charges,
fees, assessments, penalties, impositions liens and other out standings, if any,
payable against the said property including the dues payable to the
_________________ Co-operative Housing Society Limited Karachi, Karachi
Co-operative Housing Societies Union Limited, Ministry of Housing and Works
Karachi / Islamabad, Government of Pakistan, Excise and Taxation Department, or
any other concerned authority up till the date of registration of this Agreement in
favour of the VENDEE.
______________________ ______________________
Signature of Vendor Signature of Vendee
Contd…..P/6
(6)
8. That VENDOR and his predecessors further agree to sign all such Applications,
papers, deeds, documents whenever needed and shall appear before the authorities
concerned whenever required in connection with the transfer/mutation and
obtaining 99 Years Lease Form-B of the said property in favour of the VENDEE
or her nominees in ________________ Co-operative Housing Society Limited
Karachi, Karachi Co-operative Housing Societies Union Limited, Ministry of
Housing and Works Division, Karachi / Islamabad, Government of Pakistan.
9. That the VENDOR covenant with the VENDEE that the said property is his
separate, exclusive and individual property and that he has legal rights, full power
and lawful authority to transfer/sell/assign the same to the VENDEE.
10. That the VENDOR has assured the VENDEE that he is the full owner of the said
property and that the said property is free from all encumbrances, dues, charges,
demands, claims, disputes, litigations, loans (including bank loans) charges,
mortgages, liens, commitments and/or title adverse etc.
11. That the VENDOR hereby assure the VENDEE that the documents, under which
the said property is held are fully valid and subsisting and are in no way forfeited,
surrendered, cancelled, withdrawn or rendered void or voidable in any manner
whatsoever and the title documents are all in order and are in full force and effect.
12. That the VENDOR further covenant with the VENDEE that the VENDOR has not
committed any such act or thing by which the said property may be impaired or
has become or may become void or voidable and besides he has not prior to this
Agreement done, made, committed, caused or knowingly suffered to be done any
such act, thing, deed whereby or by reason of which the right to transfer the said
property has been or may be impaired or that the property is charged, encumbered
or prejudicially effected in any manner whatsoever.
13. That the VENDOR covenant that he has already mutated/transferred the said
property in the records of _______________ Co-operative Housing Society
Limited, Karachi, Karachi Co-operative Housing Societies Limited, Karachi,
Ministry of Housing and Works, Government of Pakistan, and has supplied copy
of the same to the VENDEE.
______________________ ______________________
Signature of Vendor Signature of Vendee
Contd…..P/7
(7)
14. That the VENDOR shall from time to time and at all times hereafter at the request
of the VENDEE execute and do and cause to be done executed and done such
further acts, deeds, matters and things as may be required by the VENDEE for
more perfectly assuring, conveying and transferring the said unto and to use of the
VENDEE and the VENDOR has No objection for transfer and mutation of the
VENDEE’S name in the relevant records.
15. That the VENDOR agree and undertake to indemnify and keep the VENDEE
dully indemnified, safe, fully secured and harmless from all costs, charges, dues,
duties, taxes and expenses and against all manner of losses, detriments, and
damages, caused due to the misrepresentation and mis-statement/concealment of
facts occasioned to or suffered the VENDEE owing to any defect in the title of the
VENDOR or on account of any action, claim, suit and if any liability or demand is
made by any person, authorities or in respect of the said property hereby sold,
transferred and assigned unto the VENDEE and the VENDOR shall make good
the same and compensate the VENDEE.
16. All objections, if any, received against the public notice published in the
Newspapers shall immediately be removed and complied with by the VENDOR.
17. That all the expenses towards the transfer of the said property in his name shall be
borne and paid by the VENDEE.
18. That all the terms and conditions of this Agreement have been read over to the
parties which they admit to be correct and agree to abide by the same.
______________________ ______________________
Signature of Vendor Signature of Vendee
Contd…..P/8
(8)
IN WITNESS WHEREOF the VENDOR and the VENDEE have set and subscribed their
respective hands to this agreement at Karachi on the day, month and the year first above
mentioned.
VENDOR:______________________
MR. ____________________________
S/O _____________________________
CNIC No. ________________________
VENDEE:______________________
MR. ____________________________
S/O _____________________________
CNIC No. ________________________
WITNESSES:
1. ____________________ 2. ____________________
______________________ ______________________
______________________ ______________________
______________________ ______________________