The Unregistered Sale Agreement With Possession is commonly used in Pakistan's property market when parties wish to complete a property transaction with immediate possession transfer, but formal registration is delayed due to various factors such as pending payments or documentation. This document type bridges the gap between verbal agreements and registered sale deeds, providing a written record of the transaction terms while facilitating immediate property possession. It's particularly relevant in situations where parties need to proceed with the transaction quickly but cannot immediately fulfill all requirements for registration. The agreement must comply with Pakistan's Contract Act 1872 and Transfer of Property Act 1882, though it carries certain limitations due to its unregistered status. While not a substitute for a registered sale deed, it offers important interim protection for both parties' interests and serves as evidence of the transaction terms.

1. Parties: Details of the seller and buyer including full names, ID numbers, addresses and other contact information

2. Background: Brief context about the property sale and the parties' intention to enter into an unregistered sale agreement with immediate possession

3. Definitions: Key terms used in the agreement including Property, Possession Date, Sale Price, etc.

4. Property Details: Comprehensive description of the property including address, dimensions, boundaries, and any existing encumbrances

5. Sale Consideration: Details of the agreed sale price, payment terms, method of payment, and payment schedule if applicable

6. Possession: Terms and conditions regarding the transfer of possession, including the possession date and handover process

7. Seller's Representations and Warranties: Declarations by the seller regarding property ownership, absence of disputes, payment of dues, etc.

8. Buyer's Undertakings: Commitments from the buyer regarding payment, maintenance of property, compliance with laws, etc.

9. Rights and Obligations: Detailed responsibilities of both parties during the interim period until final registration

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. Execution: Signature clauses and witness requirements