The Short Sale Contract is a specialized legal instrument used in Pakistan when a property or security needs to be sold for less than its outstanding obligations. This document becomes necessary in situations where the seller cannot fulfill their full financial obligations and seeks to mitigate losses through a negotiated sale. The contract must comply with Pakistani legal requirements, including the Contract Act 1872, Securities Act 2015, and relevant SECP regulations. It typically includes comprehensive details about the asset being sold, payment terms, execution process, and necessary regulatory approvals. The Short Sale Contract serves as a crucial tool for financial institutions, property owners, and investors in managing distressed assets while ensuring legal compliance and protection for all parties involved.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identifies and provides full details of all parties involved in the short sale transaction, including the seller, buyer, and any intermediaries
2. Background: Contextual information explaining the purpose and circumstances of the short sale
3. Definitions: Defines key terms used throughout the agreement for clarity and precision
4. Subject Matter of Sale: Details of the property or securities being sold, including precise identification and quantity
5. Purchase Price: Specifies the agreed purchase price and payment terms
6. Execution Process: Step-by-step process of how the short sale will be executed, including timing and delivery mechanisms
7. Representations and Warranties: Statements of fact and assurances from both parties regarding their capacity and authority to enter into the agreement
8. Conditions Precedent: Conditions that must be satisfied before the short sale can be executed
9. Closing Mechanism: Detailed procedure for completing the transaction, including documentation requirements
10. Risk and Liability: Allocation of risks and responsibilities between the parties
11. Default and Remedies: Consequences of breach and available remedies to the non-defaulting party
12. Governing Law and Jurisdiction: Specifies Pakistani law as governing law and determines jurisdiction for dispute resolution
1. Broker Provisions: Include when a broker is involved in facilitating the transaction, detailing their role and compensation
2. Security Arrangements: Include when additional security or collateral is required for the transaction
3. Tax Provisions: Include detailed tax considerations when the transaction has significant tax implications
4. Force Majeure: Include when parties want specific provisions for unforeseen circumstances affecting the transaction
5. Confidentiality: Include when sensitive information is involved in the transaction
6. Assignment Rights: Include when parties want to specify rights to assign the contract to other parties
7. Islamic Finance Compliance: Include when the transaction needs to comply with Islamic finance principles
1. Property Details: Detailed description and documentation of the property or securities being sold
2. Payment Schedule: Detailed breakdown of payment terms, installments, and timing
3. Required Documents: List of all documents required for closing the transaction
4. Due Diligence Checklist: Comprehensive list of due diligence items to be completed
5. Regulatory Approvals: List of required regulatory approvals and their status
6. Broker Details: If applicable, detailed information about the broker and their commission structure
Find the exact document you need
Home Sale Purchase Agreement
A legally binding agreement under Pakistani law for the sale and purchase of residential property, incorporating civil and Islamic law requirements.
Download
Deed Of Sale Form For Car
A Pakistani law-compliant deed that documents the legal transfer of vehicle ownership from seller to buyer, including all essential sale terms and conditions.
Download
Real Estate Installment Sales Contract
A Pakistani law-governed agreement for the sale of real estate property through structured installment payments, outlining payment terms, possession rights, and transfer conditions.
Download
Sales Employee Contract
A Pakistani law-governed employment contract for sales professionals, outlining compensation, targets, and employment terms.
Download
Absolute Deed Of Sale
A legal document under Pakistani law that permanently transfers property ownership from seller to buyer, requiring official registration and stamp duty payment.
Download
Sales Channel Partner Agreement
A Pakistan-law governed agreement establishing terms and conditions between a principal company and its channel partner for product/service distribution.
Download
Furniture Sale Agreement
A Pakistani law-governed agreement for the sale and purchase of furniture, defining terms, specifications, and obligations between seller and buyer.
Download
Sales Rep Contract
A Pakistani law-governed agreement establishing the terms and conditions between a company and its sales representative, including commission structures and performance requirements.
Download
Export Sale Contract
A Pakistani law-governed contract establishing terms for international sale and export of goods from Pakistan to foreign buyers.
Download
Conditional Sale Agreement Property
A Pakistani law-governed agreement for the conditional sale of property, establishing terms for gradual property transfer subject to specified conditions and payments.
Download
Vehicle Sale Deed Agreement
A legal document under Pakistani law that formalizes the sale and transfer of ownership of a motor vehicle between parties.
Download
Manufacturer Representative Agreement
A Pakistan-law governed agreement establishing terms for a manufacturer's representative to promote and sell products within a specified territory.
Download
Manufactured Home Purchase Agreement
A legally binding agreement under Pakistani law for the purchase and sale of manufactured homes, detailing terms, specifications, and obligations of all parties involved.
Download
International Sales Agreement
A Pakistani law-governed agreement for international sale of goods, addressing cross-border trade requirements and compliance.
Download
Boat Sale Agreement
A legally binding agreement under Pakistani law for the sale and purchase of a boat, detailing terms, conditions, and ownership transfer requirements.
Download
Plot Sale Agreement Form
A legally binding agreement for plot sale and transfer in Pakistan, compliant with local property laws and regulations.
Download
Houses For Sale Contract For Deed
A legal agreement under Pakistani law for the sale of houses through installment payments, where the seller retains title until full payment is received.
Download
Cash Sale House Contract
A Pakistani law-governed contract for the cash purchase of residential property, including all essential transaction and transfer details.
Download
Horse Sale Contract
A legally binding agreement for horse sales in Pakistan, compliant with local contract and animal welfare laws.
Download
Sales Manager Contract
A comprehensive employment contract for Sales Managers in Pakistan, incorporating local labor laws and sales-specific provisions.
Download
Plot Sale Agreement
A legally binding agreement under Pakistani law for the sale and transfer of plot/land property between parties, detailing terms, conditions, and obligations of the sale.
Download
Deed Of Sale Form For Motorcycle
A legal document under Pakistani law for transferring motorcycle ownership between parties, including vehicle details, sale terms, and registration requirements.
Download
Point Of Sale Contract
A Pakistani law-governed agreement for POS system implementation and maintenance, covering technical, operational, and commercial aspects of electronic payment solutions.
Download
Installment Land Sale Contract
A Pakistani law-governed agreement for the sale of land through installment payments, detailing payment terms, possession rights, and conditions for final property transfer.
Download
International Sales Representative Agreement
A Pakistani law-governed agreement establishing terms between a principal company and international sales representative, including territory rights, commissions, and compliance requirements.
Download
Deed Of Sale Form
A legally binding document under Pakistani law that transfers property ownership from seller to buyer, requiring official registration and compliance with federal and provincial property regulations.
Download
Vehicle Purchase Agreement
A legally binding agreement under Pakistani law that documents the terms and conditions for the sale and purchase of a vehicle between parties.
Download
Business Sale Non Disclosure Agreement
Pakistan-governed NDA for protecting confidential information during business sale transactions, compliant with local corporate and contract laws.
Download
Asset Purchase Agreement Form
A Pakistani law-governed agreement facilitating the transfer of assets between parties, detailing terms, conditions, and compliance requirements for asset sales.
Download
Domain Name Sale Agreement
A legal agreement for domain name ownership transfer under Pakistani law, covering sale terms, transfer procedures, and compliance requirements.
Download
General Sales Agreement
A Pakistani law-governed agreement establishing terms and conditions for commercial sale of goods between businesses, incorporating local commercial regulations and statutory requirements.
Download
International Sales Contract
A legally binding agreement for international sale of goods under Pakistani law, detailing terms of sale, delivery, and payment for cross-border transactions.
Download
Shares Sale And Purchase Agreement
A legally binding agreement under Pakistani law governing the sale and purchase of shares in a company, outlining all key transaction terms and conditions.
Download
General Sales Contract
A standardized sales agreement under Pakistani law governing the sale and purchase of goods between parties, compliant with local commercial legislation.
Download
Deed Of Sale Of Property
A legal document under Pakistani law that transfers ownership of property from seller to purchaser, requiring official registration and stamping.
Download
Standard Contract Of Sale
A legally binding sale agreement under Pakistani law that documents the transfer of goods or property between seller and buyer.
Download
Independent Sales Rep Agreement
Pakistani-law governed agreement establishing terms between a company and independent sales representative, defining sales rights, territories, and commission structures.
Download
Binding Sale Agreement
A legally enforceable agreement under Pakistani law that documents the terms and conditions of a sale transaction between parties.
Download
Short Sale Contract
A legally binding agreement for executing short sales under Pakistani law, detailing terms, conditions, and regulatory compliance requirements.
Download
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
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it