The Conditional Agreement for Sale is a crucial legal instrument in Pakistani property transactions where parties wish to commit to a sale subject to specific conditions being met. This document is commonly used when certain prerequisites need to be fulfilled before the sale can proceed, such as obtaining financing, securing planning permissions, or completing due diligence. It provides a framework under Pakistani law for managing conditional property sales while protecting both parties' interests during the period between agreement and completion. The document incorporates requirements from relevant Pakistani legislation, including the Contract Act 1872 and Transfer of Property Act 1882, and typically includes detailed provisions for condition satisfaction timeframes, consequences of non-fulfillment, and completion procedures. It's particularly valuable in complex property transactions where immediate unconditional commitment is not feasible or desirable.

1. Parties: Identification and details of the seller and purchaser, including full legal names, addresses, and any registration numbers if companies

2. Background: Context of the agreement including brief description of the property and acknowledgment of the conditional nature of the sale

3. Definitions: Definitions of key terms used throughout the agreement, including 'Property', 'Completion Date', 'Condition Precedent', etc.

4. Sale and Purchase: Core agreement to sell and purchase the property subject to conditions

5. Conditions Precedent: Detailed description of the conditions that must be satisfied before the sale becomes binding

6. Purchase Price: Specified amount and payment structure, including deposits and installments

7. Completion Requirements: Process and requirements for completing the sale once conditions are met

8. Time for Satisfaction of Conditions: Deadlines for meeting conditions and consequences of non-satisfaction

9. Seller's Warranties: Warranties regarding property title, condition, and authority to sell

10. Purchaser's Warranties: Warranties regarding capacity to purchase and financial ability

11. Default and Termination: Consequences of default and circumstances for termination

12. Notices: Process for giving formal notices under the agreement

13. Governing Law and Jurisdiction: Confirmation of Pakistani law governance and jurisdiction