S ALE A GREEMENT F OR

F ULL & F INAL P AYMENT

THIS AGREEMENT OF SALE IS MADE AND EXECUTED AT KARACHI ON THIS
DAY OF 2024.

BETWEEN

MR. S/O. MR. , Muslim, Adult,

holding NIC No. , resident of __________________________
__________________________________________, Karachi, hereinafter referred to as the
VENDOR (which expression wherever the context so permits shall mean and include his legal
heirs, executors, administrators, successors, attorneys, representatives, nominees, and assigns) of
the FIRST PART;
AND

MR. S/O. MR. , Muslim, Adult,

holding NIC No. , resident of __________________________
__________________________________________, Karachi, hereinafter referred to as the
VENDEE (which expression wherever the context so permits shall mean and include his legal
heirs, executors, administrators, successors, attorneys, representatives, nominees, and assigns) of
the OTHER PART;

Contd………..P/2
 ……. Page / 2 …….

WITNESSETH AS UNDER:-

WHEREAS the Vendor aforesaid is at the date of these presents seized and possessed of
and are otherwise well and sufficiently entitled owner of ____________
_____________________________________________________________________________
_________________________________hereinafter called the “SAID PROPERTY” free from
all sorts of claims, liens, charges, encumbrances of whatsoever nature.
AND WHEREAS the said Vendor have agreed to sell, convey, assign and transfer and
the vendee above named agreed to purchase the above said property for a lump sum sale
consideration of Rs._____________/- (Rupees ________________
_______________________Only) on the terms and conditions hereinafter appearing:

NOW THEREFORE THIS AGREEMENT WITNESSETH AS UNDER:-

1. THAT the VENDOR has received a sum of Rs.______________/- (Rupees

___________________________________Only)through Cash/Cheque/Pay order No.
_____________ dated _____________ amounting to Rs.____________/- (Rupees
___________________________________________Only) drawn on
_____________________________________________________, Karachi from the
aforesaid Vendee, as a FULL AND FINAL towards the sale consideration of the said
property, the receipt whereof the Vendor doth hereby acknowledges and passed a
separate receipt as well.

2 THAT the Vendor doth hereby undertake to deliver peaceful vacant physical possession
of the Said Property along with all its relevant documents to the Vendee and thereafter
the vendee shall be the sole and absolute owner and shall have, hold occupy, possess and
enjoy the full peaceful possession and profit of the same to which the said Vendor or any
other person or persons on other. behalf shall have no claim and concern therewith and
fully responsible to executive the Sub-Lease in favor of the Vendee.

3 THAT the Vendor further convenient with the Vendee that Lease / Sub-Lease / Allotment
/ Transfer Order in respect of said property are in full force and is subsisting and the
Vendor has not committed any thing by which the same may be impaired or has become
or may become void or void-able and that he / she has not prior to the date of these
presents done, made, committed, cause or knowingly suffered to be done any such act,
thing, deed, whereby or by reason of which the right to transfer the Said Property has
been or may be impaired or that the property is charge, encumbered or prejudicially
effected in any way that the vendor in respect of the said property shall be responsible to
pay all the dues, taxes and charges including property tax, water and conservancy
charges, electricity and or all other dues, taxes and charges payable to the KDA /KMC
/Government and or any other concerned department(s) authority(s) upto date and before
these presents and thereafter the vendee shall be responsible to pay the same. if there are
any dues outstanding against the Said Property, the vendor will be liable to pay the same.

4
THAT the Vendee shall bear stamp duty / registration charges / transfer fee /
documentation charges and all other charges and fee in connection with registration of
sale deed and transfer / mutation of the aforesaid property in his / her name.

5 THAT the Vendor shall keep the Vendee secured, harmless and indemnified against all
losses and claims made or preferred by anyone in respect of the Said Property.

Contd………..P/3
……. Page / 3 …….
6 THAT in case of any claim, regarding ownership or share in the said share or in case of
any defect in the title of the Said Property the Vendor shall indemnify the Vendee to the
extent of such claim which may compensate it.
7 THAT the Vendor and /or his / her successors further agreed to be ready and prepared to
sign all application / papers / deeds and documents whenever needed / required and
appear before the authorities concerned whenever required in connection with transfer of
Said Property in all respects.

8 THAT the Vendor hereby assures and conversant with the Vendee that he / she is the
absolute and lawful owner of the Said Property which is free from all sort of claims,
liens, charges and encumbrances whatsoever in nature and that he / she has good right,
title and lawful authority to sell / possess the Said Property Vendee in all respects.

9 THAT the Vendor hereby declare that he / she has not entered into any agreement of sale,
gift, rent, nor execute any power of attorney etc. of Said Property prior to this Agreement
of Sale.

10 THAT this Agreement is irrevocable and the terms and conditions of this agreement have
been over to the parties, which they admit to be correct, and agree to abide by the same.

IN WITNESS WHEREOF the parties have hereto hereunto set and subscribed their respective
hand at Karachi, on the day month and the year first above mentioned.

WITNESSES

1. SIGNATURE: _______________ ______________________________

NAME: ______________________ VENDOR
S/o. _________________________
NIC NO: _____________________
RESIDENT AT: _______________ NIC NO.
______________________________

1. SIGNATURE: _______________ ______________________________

NAME: ______________________ VENDEE
S/o. _________________________
NIC NO: _____________________
RESIDENT AT: _______________ NIC NO.
________________________________
 Contd………..P/5

……. Page / 5 …….

S ALE R ECEIPT

I, __________________________________ S/O. __________________________________,

Muslim, Adult, holding NIC No. ______________________, resident of _______________

____________________________________________, have Received with thanks a sum of RS.

__________________ (Rupees _________________________________________ Only)

through ____________, _______________ drawn on _______________________________

_____________________________ dated: _______________ being the FULL AND FINAL

settlement from __________________________________________________________ S/O.,

W/o., D/o. ___________________________________________________, Muslim, Adult,

holding NIC No. ______________________, resident of _____________________________

____________________________________________, settlement of property against

______________________________________________________________________________

_____________________________ as per sale agreement dated: ____________________,

WITNESSES

1. SIGNATURE: _______________ ______________________________

NAME: _________________________ VENDOR
S/o. ____________________________ ______________________________
NIC NO: ________________________ ______________________________
NIC NO. ______________________
2. SIGNATURE: _______________
NAME: _______________________
S/o. _________________________
NIC NO: _____________________