The Simple Contract To Purchase (Real Estate) is a fundamental legal instrument used in Pakistan for real estate transactions between buyers and sellers. This document is essential for both residential and commercial property transfers, incorporating requirements from Pakistani property law, including the Transfer of Property Act 1882, Registration Act 1908, and relevant provincial regulations. It serves as a comprehensive agreement that captures all crucial aspects of the property sale, from initial agreement to final transfer, while ensuring compliance with local legal requirements, including proper registration and stamp duty payments. The contract is designed to protect both parties' interests by clearly defining the property details, purchase price, payment terms, warranties, and completion requirements, making it suitable for straightforward property transactions where standard terms and conditions apply.
Create a bespoke document in minutes, or upload and review your own.
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:
Simple Contract To Purchase (Real Estate)
"I need a Simple Contract To Purchase (Real Estate) for buying a residential property in Lahore, Pakistan, with a completion date of March 15, 2025, including standard payment terms and immediate possession upon completion."
1. Parties: Identification of the seller and purchaser with complete legal names, CNIC numbers, and addresses
2. Background: Brief context of the transaction and property ownership status
3. Definitions: Key terms used throughout the agreement including Property, Completion Date, Purchase Price, etc.
4. Property Details: Comprehensive description of the property including exact location, dimensions, and registration details
5. Purchase Price: Agreed purchase price and payment terms including deposit and installment schedule if applicable
6. Payment Terms: Detailed breakdown of how and when payments will be made, including any conditions precedent
7. Completion Requirements: Conditions and requirements for completing the sale, including documentation and registration
8. Seller's Warranties: Warranties regarding property ownership, encumbrances, and legal status
9. Property Handover: Terms and conditions for physical possession of the property
10. Registration and Transfer: Process and responsibilities for legal transfer and registration of the property
11. Costs and Taxes: Allocation of transaction costs, stamp duty, and other taxes between parties
12. Governing Law: Confirmation of Pakistani law as governing law and jurisdiction
13. Execution: Signature blocks and witness requirements
1. Condition of Property: Used when specific property conditions need to be documented or when property is sold as-is
2. Financing Conditions: Include when purchase is contingent on buyer obtaining financing
3. Third Party Rights: Required when there are existing tenants or other third-party interests in the property
4. Development Requirements: Include for undeveloped land or properties requiring specific development obligations
5. Due Diligence: Add when buyer requires a due diligence period before finalizing the purchase
6. Utilities and Services: Include when transfer of utilities and services needs specific attention
7. Islamic Finance Compliance: Required when transaction needs to comply with Islamic financing principles
1. Property Description Schedule: Detailed legal description of property including plot number, measurements, and boundaries
2. Title Documents: List of all title documents and their copies
3. Payment Schedule: Detailed breakdown of payment installments and dates if not a single payment
4. Property Inventory: List of fixtures, fittings, and other items included in the sale
5. Outstanding Liabilities: Details of any existing mortgages, liens, or other encumbrances
6. Required Permits: List of necessary permits and approvals for property transfer
7. Property Plans: Site plans, building plans, and other relevant technical drawings
Authors
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Property Development
Construction
Banking and Finance
Legal Services
Property Management
Urban Development
Housing
Commercial Property
Residential Property
Islamic Finance
Relevant Teams
Legal
Real Estate
Property Management
Compliance
Operations
Acquisitions
Finance
Risk Management
Documentation
Corporate Services
Relevant Roles
Real Estate Agent
Property Lawyer
Legal Counsel
Property Manager
Real Estate Developer
Compliance Officer
Contract Manager
Property Consultant
Real Estate Investment Manager
Legal Administrator
Real Estate Portfolio Manager
Property Acquisitions Manager
Real Estate Transaction Coordinator
Find the exact document you need
Business Agreement Of Sale
A Belgian law-governed agreement establishing terms and conditions for the sale of business assets, goods, or services between commercial entities.
find out more
Simple Buy Sell Agreement (Real Estate)
A Saudi Arabian law-governed agreement for the sale and purchase of real estate property, outlining key terms and conditions while ensuring compliance with local regulations and Sharia principles.
find out more
Buy And Sell Agreement (Real Estate)
A Saudi Arabian real estate purchase agreement that details property transfer terms, compliant with local law and Sharia principles.
find out more
LOI For Commercial Real Estate Purchase
A preliminary document outlining proposed terms for commercial property purchase in the Philippines, serving as a framework for negotiations and future definitive agreements.
find out more
Agreement Of Purchase And Sale Of Shares By Shareholder
A Philippine law-governed agreement documenting the sale and transfer of company shares between shareholders, including terms, conditions, and regulatory compliance requirements.
find out more
Agreement Contract To Buy And Sell (Real Estate)
A legally binding agreement under Philippine law that documents the terms and conditions for the sale and purchase of real estate property.
find out more
Basic Home Purchase Agreement
A legally binding agreement under South African law for the sale and purchase of residential property, outlining key terms and conditions for property transfer.
find out more
Simple Contract To Purchase (Real Estate)
A Pakistani law-compliant contract for the purchase and sale of real estate property, outlining essential terms and conditions for property transfer.
find out more
Simple Purchase Agreement For House
A legal agreement under Pakistani law for the purchase and sale of residential property, outlining key terms and conditions of the property transfer.
find out more
Simple House Sale Contract
A standardized contract under Pakistani law for the sale and purchase of residential property, outlining key terms and conditions for property transfer.
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.
ұԾ’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; ұԾ’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 for more details and real-time security updates.
Read our Privacy Policy.