This
agreement is made at
Between
Rabia
Sagheer Malik wife of Nabeel Asghar Khan Malik R/o Property No.16000-E,
Askari-II, Chaklala Scheme-III Rawalpindi
(hereinafter called the ‘Seller’) of the One part
And
Farhan Alam Mehmood Satti son of Muhammad
Ishaq Ahmed Naeem R/o Mohallah Parat Kotli Sattian Distt Rawalpindi NIC No.
34405-1212121211-3 (hereinafter called the ‘Purchaser’ which expression where
the context so admits shall include and mean his heirs also,
successors-in-interest, legal representatives and assignees) of the other part.
Whereas
the Seller is the owner of Askari Apartment No 100016-EB, 1st Floor alowng with
a Garage on Ground located at Askari-II_Chaklala Scheme-III Rawalpindi, hereinafter called the said property.
Whereas
the seller has agreed to sell, convey, transfer and assign the said property
together with all his rights, interests, estates and entitlements therein to
and in favour of the purchaser the said property free from all encumbrances,
loans, mortgages, claims, debts, charges etc. for a lump sum sale consideration
of Rs. 40,50,000/-(Rupees Forty Lacs
Fifty Thousands only) and the purchaser has agreed to purchase the said
property free from all encumbrance loans, mortgages, claims, debts, charges
etc., from the above mentioned consideration on the same terms and conditions
appearing hereinafter.
That
the seller has this day on signing of this sale agreement received a sum of
Rs.30,00,000 only) through no. Pay Order
No. 454542121211 dated 10/08/2004 Bank Al-Falah, Saddar Branch Rawalpindi from
the purchaser as Biana The receipt of which the seller hereby, admits and
acknowledges
The
balance amount which is Rs.10,50,000/-(Rupees Ten Lacs Fifty Thousands only)
excluding Transfer charges will be paid by the purchaser to the seller at the
time of transfer of the said property. That the seller will be responsible for
the transfer of the said property in the name of the purchaser of any of his
nominee(s).
That
after receiving NOC from the seller, the purchaser will be bound to transfer
the above said property within 7 days after paying the balance amount. The physical possession of the said property
will be given immediately after transfer by the seller.
And
that all liabilities and all prior, relevant dues pertaining to the subject
property including House Tax, REC Asakri-III, Electricity, Gas, Telephone,
Water, etc, if any will be paid/cleared by the seller for the period up to hand
over the said property to the purchaser and all transfer charges will be paid
by the purchaser.
That
the seller and his legal heirs will never challenge it in any manner if the
purchaser retains the above property with himself, or get it transferred in the
name of his legal heirs or attorney or resells it to any other person.
IN
WITNESS WHEREOF , both the parties have set their respective hands on this
Agreement on the day, month and year mentioned above.
Seller________________ Purchaser________________
Rabia Sagheer Malik Farhan Alam Mehmood Satti
CNIC NO. 37405-121212121-6 CNIC NO. 37405-444445555-3
Witness 1__________________ Witness 2.______________________
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