All Countries
Real Estate
Purchase Contract (Real Estate)

Purchase Contract (Real Estate) Template for Pakistan

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Purchase Contract (Real Estate)

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Purchase Contract (Real Estate)

"I need a Purchase Contract (Real Estate) for buying a commercial property in Lahore, Pakistan, with a staged payment plan over 6 months and specific conditions about existing tenant rights, with completion scheduled for March 2025."

Celebrated by
Collaborations with
Investors
Document background
The Purchase Contract (Real Estate) is a fundamental legal instrument used in Pakistani property transactions to formalize the sale and purchase of real estate property. This document is essential for both residential and commercial property transfers in Pakistan, ensuring compliance with the Transfer of Property Act 1882, Registration Act 1908, and relevant provincial regulations. It serves as the primary agreement defining the terms of sale, including property details, purchase price, payment terms, and completion requirements. The contract is designed to protect both parties' interests while meeting local legal requirements for property registration and transfer. It includes necessary provisions for stamp duty payment, property inspection, title verification, and possession transfer, making it suitable for various types of real estate transactions from simple residential transfers to complex commercial property deals.
Suggested Sections

1. Parties: Identification of seller and purchaser with complete legal names, addresses, and CNIC numbers

2. Background: Context of the sale including brief property history and basis for the transaction

3. Definitions: Key terms used throughout the agreement including Property, Completion Date, Purchase Price, and other relevant definitions

4. Sale and Purchase: Core agreement for sale and purchase of the property, including the exact property description and agreed purchase price

5. Payment Terms: Detailed structure of payments including initial deposit, installments, and completion payment

6. Completion Requirements: Conditions and requirements for completing the sale, including documentation and registration requirements

7. Seller's Representations and Warranties: Seller's declarations regarding property title, encumbrances, disputes, and compliance with laws

8. Property Possession and Transfer: Terms for physical handover of the property and transfer of legal title

9. Costs and Taxes: Allocation of transaction costs, stamp duty, registration fees, and other applicable taxes

10. Default and Remedies: Consequences of breach by either party and available remedies

11. Governing Law and Jurisdiction: Specification of Pakistani law as governing law and relevant court jurisdiction

12. Notices: Process for serving formal notices between parties

13. Execution: Signature blocks and witness requirements as per Pakistani law

Optional Sections

1. Property Inspection: Terms regarding property inspection rights and conditions, used when buyer hasn't fully inspected the property

2. Financing Contingency: Conditions related to buyer's ability to secure mortgage financing, included when buyer requires bank financing

3. Tenant Rights: Provisions regarding existing tenants and their rights, included when property is currently tenanted

4. Construction Completion: Special provisions for properties under construction or requiring completion works

5. Power of Attorney: Provisions when either party is acting through an attorney, including verification requirements

6. Joint Ownership: Special provisions for multiple buyers or sellers, defining shares and rights

7. Agricultural Land Provisions: Special provisions required for agricultural land transfer under relevant laws

8. Shariah Compliance: Additional provisions ensuring compliance with Islamic law principles, if specifically required

Suggested Schedules

1. Property Description Schedule: Detailed property description including land area, boundaries, and construction specifications

2. Title Documents: List of title documents evidencing seller's ownership and chain of title

3. Payment Schedule: Detailed breakdown of payment installments with dates and amounts

4. Property Plans: Approved architectural plans, site plans, and location maps

5. Encumbrance Details: List of existing charges, mortgages, or encumbrances if any

6. Inventory: List of fixtures and fittings included in the sale

7. Required Approvals: List of governmental and regulatory approvals obtained or required

8. Outstanding Dues: Statement of outstanding utility bills, taxes, and other charges

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant legal definitions
Agreement
Property
Purchase Price
Completion Date
Completion
Business Day
Title Documents
Encumbrances
Deposit
Seller
Purchaser
Parties
Possession
Transfer Deed
Registration
Stamp Duty
Due Diligence
Land Revenue Records
Mutation
Force Majeure
Effective Date
Material Adverse Change
Property Rights
Permitted Use
Completion Payment
Default Notice
Dispute
Government Authority
Applicable Law
CNIC
Regulatory Approvals
Outstanding Dues
Property Tax
Transfer Costs
Sale Deed
Common Areas
Building Plans
Survey Plan
Fixtures and Fittings
Title Defect
Clauses
Sale and Purchase
Property Description
Purchase Price
Payment Terms
Title and Ownership
Representations and Warranties
Conditions Precedent
Due Diligence
Property Transfer
Registration and Stamp Duty
Possession
Encumbrances
Property Inspection
Seller Obligations
Purchaser Obligations
Completion
Default
Remedies
Force Majeure
Termination
Dispute Resolution
Governing Law
Notices
Assignment
Severability
Entire Agreement
Amendment
Costs and Taxes
Indemnification
Legal Compliance
Insurance
Property Maintenance
Utilities Transfer
Time of Essence
Further Assurance
Relevant Industries

Real Estate

Construction

Banking & Finance

Legal Services

Property Development

Urban Planning

Agriculture (for agricultural land)

Commercial Property

Residential Property

Property Investment

Relevant Teams

Legal

Real Estate

Compliance

Property Management

Business Development

Risk Management

Corporate Affairs

Operations

Finance

Investment

Relevant Roles

Real Estate Lawyer

Property Manager

Real Estate Agent

Legal Counsel

Compliance Officer

Property Developer

Land Acquisition Manager

Real Estate Investment Manager

Contract Administrator

Business Development Manager

Property Valuation Expert

Corporate Lawyer

Real Estate Transaction Coordinator

Risk Management Officer

Company Secretary

Industries
Transfer of Property Act, 1882: Fundamental law governing property transfers in Pakistan, defining legal requirements for sale of immovable property, rights and obligations of parties, and procedural requirements for valid property transfers
Registration Act, 1908: Mandates registration requirements for property transactions, specifies procedures for document registration, and establishes the registration system for property transfers
Stamp Act, 1899: Determines the stamp duty payable on property transfer documents and other legal instruments related to real estate transactions
Contract Act, 1872: Establishes basic principles of contract formation, validity, and enforcement that apply to all contracts including real estate purchases
Land Revenue Act, 1967: Regulates land records, revenue collection, and mutation of property ownership in government records
Provincial Building Control Ordinances/Regulations: Local laws governing building specifications, zoning requirements, and property development restrictions that may affect the property's use
Islamic Law (Shariah) Principles: Religious legal principles that influence property rights and transactions in Pakistan, particularly regarding interest (riba) and inheritance
Specific Relief Act, 1877: Provides remedies and relief in cases of breach of contract, including specific performance of property sale agreements
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Property Offer To Purchase

A legally binding document under Pakistani law representing a buyer's formal offer to purchase property, including specified terms and conditions for the transaction.

find out more

Contract Of Purchase And Sale

A standardized agreement under Pakistani law documenting the transfer of goods or property from seller to buyer, including essential terms and conditions of sale.

find out more

Installment Sales Contract For (Real Estate)

A Pakistani law-compliant contract for real estate sales through installment payments, outlining payment terms, property transfer conditions, and parties' obligations.

find out more

Agreement To Buy And Sell (Real Estate)

A legally binding agreement under Pakistani law that documents the terms and conditions for the sale and purchase of real estate property between parties.

find out more

Property Buying Agreement

A legally binding agreement under Pakistani law for the purchase and sale of property, detailing all essential terms and conditions of the transaction.

find out more

LOI Commercial (Real Estate)

A preliminary document outlining proposed terms for commercial real estate transactions in Pakistan, serving as a framework for subsequent negotiations and agreements.

find out more

Letter Of Intent (Real Estate)

A preliminary agreement outlining key terms and conditions for real estate transactions in Pakistan, serving as a framework for subsequent formal contracts under Pakistani law.

find out more

Lease Purchase Agreement (Real Estate)

A Pakistani law-governed agreement combining property lease terms with a future purchase option, establishing conditions for both rental and potential ownership transfer.

find out more

Contract To Buy And Sell (Real Estate)

A legally binding agreement under Pakistani law for the purchase and sale of real estate property, detailing all essential terms and conditions of the transaction.

find out more

Home Buying Contract

A Pakistani law-governed contract for residential property transfer, incorporating both common law and Islamic law principles for property transactions.

find out more

Standard Agreement For The Sale Of (Real Estate)

A standardized agreement under Pakistani law for the legal transfer of real estate property between seller and purchaser, ensuring compliance with local property regulations.

find out more

Letter Of Intent To Purchase (Real Estate)

A preliminary document under Pakistani law expressing serious intent to purchase real estate, outlining key terms and conditions of the proposed transaction.

find out more

Closing Agreement (Real Estate)

A legally binding agreement under Pakistani law that finalizes the transfer of real estate property between parties, documenting all essential terms and conditions of the sale.

find out more

Real Estate Land Purchase Agreement

A legally binding agreement under Pakistani law for the purchase and transfer of real estate property, detailing all essential terms and conditions of the transaction.

find out more

Home Sales Agreement Contract

A legally binding agreement under Pakistani law for the sale and purchase of residential property, outlining all terms and conditions of the property transfer.

find out more

Property Buy Sell Agreement

A legally binding agreement under Pakistani law governing the sale and purchase of property, outlining terms, conditions, and obligations of both parties.

find out more

Purchase Agreement Residential

A legally binding agreement under Pakistani law for the sale and purchase of residential property, outlining terms, conditions, and obligations of all parties involved.

find out more

Letter Of Agreement For Sale Of Land

A preliminary agreement document used in Pakistan to formalize land sale terms between parties, serving as the basis for property transfer.

find out more

Contract For Buying A House

A legally binding agreement under Pakistani law for the purchase and sale of residential property, incorporating all necessary terms and compliance requirements.

find out more

Area Residential Purchase Contract

A legally binding contract under Pakistani law for the purchase and sale of residential property, incorporating all essential elements required by federal and provincial property legislation.

find out more

Purchase And Sale Deed

A legally binding document under Pakistani law that transfers property ownership from seller to buyer, requiring official registration and compliance with local property regulations.

find out more

Land Sell Agreement Form

A legally compliant Pakistani land sale agreement template that facilitates property ownership transfer while adhering to national and provincial property laws.

find out more

Agreement To Buy And Sell Real Estate Residential

A legally binding agreement under Pakistani law for the sale and purchase of residential real estate property, outlining transaction terms and ensuring legal compliance.

find out more

Immovable Property Sale Agreement

A legally binding agreement under Pakistani law for the sale and purchase of immovable property, detailing terms, conditions, and statutory requirements for property transfer.

find out more

Property Sale Contract Between Seller And Buyer

A legally binding agreement under Pakistani law that documents the terms and conditions for the sale and purchase of real property between parties.

find out more

Private Land Purchase Agreement

A legal document under Pakistani law facilitating private land ownership transfer between parties, incorporating all necessary terms and regulatory requirements.

find out more

Purchase And Sale Agreement For House

A legally binding agreement under Pakistani law for the sale and purchase of residential property, detailing terms, conditions, and obligations of both parties.

find out more

Short Form Real Estate Purchase Agreement

A simplified real estate purchase agreement template for property transactions in Pakistan, designed for straightforward property transfers.

find out more

Residential Offer To Purchase

A legally binding offer to purchase residential property in Pakistan, compliant with Pakistani property law and local regulations.

find out more

Contract For The Sale And Purchase Of Land

A Pakistani law-governed agreement for transferring land ownership between parties, detailing sale terms and ensuring legal compliance.

find out more

Real Estate Offer Contract

A legally binding real estate purchase offer document compliant with Pakistani property laws and regulations.

find out more

Contract To Sell Home

A legally binding agreement under Pakistani law for the sale and transfer of residential property ownership, incorporating all essential elements required by local property legislation.

find out more

Commercial Real Estate Offer To Purchase

A formal offer document for commercial property purchase in Pakistan, outlining purchase terms and conditions under Pakistani property law.

find out more

Apartment Sale And Purchase Agreement

A legally binding agreement under Pakistani law for the sale and purchase of an apartment property, outlining transaction terms and ensuring legal compliance.

find out more

Purchase Agreement Improved Property

A legally binding agreement under Pakistani law for the sale and purchase of improved property, including detailed terms and conditions for property transfer.

find out more

Buyer Contract Agreement

A Pakistani law-governed agreement defining terms and conditions for purchase of goods between buyer and seller.

find out more

Real Estate Sales Agreement Contract

A legally binding agreement under Pakistani law that documents the terms and conditions for the sale and purchase of real estate property.

find out more

Letter Of Offer To Sell Property

A legally-formatted offer letter for property sale in Pakistan, outlining key terms and conditions under Pakistani property law.

find out more

Real Estate Buyout Agreement

A legally binding agreement under Pakistani law that documents the terms and conditions for the purchase and sale of real estate property.

find out more

Buyer Seller Agreement

A Pakistani law-governed agreement establishing terms and conditions for sale and purchase of goods between buyer and seller.

find out more

Letter Of Offer To Purchase Property

A formal document under Pakistani law expressing intent to purchase property, outlining key terms and conditions of the proposed transaction.

find out more

Property Agreement Contract

A legally binding property agreement contract under Pakistani law that outlines terms and conditions for property transfer between parties.

find out more

Real Estate Agreement Contract

A legally binding property transfer agreement under Pakistani law that facilitates real estate transactions while ensuring compliance with local property legislation and registration requirements.

find out more

Letter Of Intent To Purchase Land

A preliminary document under Pakistani law expressing intent to purchase land and outlining basic terms of the proposed transaction.

find out more

Commercial Real Estate Sales Contract

A Pakistani law-governed agreement for the sale and purchase of commercial real estate, detailing terms, conditions, and requirements for property transfer.

find out more

Commercial Real Estate Purchase Agreement

A legally binding agreement under Pakistani law for the purchase and sale of commercial real estate property, outlining all terms and conditions of the transaction.

find out more

Letter Of Offer To Purchase Land

A formal written offer to purchase land in Pakistan, compliant with local property and contract laws, outlining key terms and conditions of the proposed land acquisition.

find out more

House Purchase Agreement Form

A legally binding agreement under Pakistani law for the purchase and sale of residential property, outlining terms, conditions, and obligations of all parties involved.

find out more

Buyers Agreement Contract

A legally binding purchase agreement under Pakistani law that establishes terms and conditions between buyer and seller, ensuring compliance with local regulations.

find out more

Standard Purchase And Sale Agreement

A legally binding purchase and sale agreement under Pakistani law that outlines terms, conditions, and obligations between buyer and seller.

find out more

Simple Real Estate Purchase Agreement

A legally compliant real estate purchase agreement for property transactions in Pakistan, conforming to local property laws and registration requirements.

find out more

Real Estate Offer Form

A standardized form under Pakistani law for making formal offers to purchase real estate, detailing proposed price and terms of sale.

find out more

Purchase Contract (Real Estate)

A legally binding real estate purchase agreement under Pakistani law, facilitating property transfer between seller and buyer with complete transaction terms.

find out more

Purchase Agreement For House

A Pakistani law-governed agreement for the sale and purchase of residential property, detailing terms of ownership transfer and ensuring legal compliance.

find out more

Offer To Purchase Real Estate Form

A formal offer document under Pakistani law presenting terms and conditions for purchasing real estate property, serving as the initial step in property acquisition.

find out more

Offer To Purchase (Real Estate)

A legally binding document under Pakistani law that outlines a buyer's formal proposal to purchase real estate property under specified terms and conditions.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.

Read our Privacy Policy.