AGREEMENT TO SELL A PLOT
AN AGREEMENT made this ______day of ____________BETWEEN Mr. ____________son of ____________, NIC No. ____________resident of ____________ ____________ (hereinafter called the ‘Seller)’ of the One Part.
AND
____________ son of ____________, NIC No. ____________, resident of _________________________________________________________ (hereinafter called the ‘Purchaser;) of the Other Part.
WHEREAS the parties hereto mutually agree as follows:
i) That the ‘Seller’ will sell and the ‘Purchaser’ will buy Plot No. ______ measuring 125 Sq. Yds Phase VIII in Bahria Town, Rawalpindi / Islamabad at the total consideration of Rs. _________________(Rupees ___________________________________________________in words). The Plot stands allotted / transferred vide Bahria Town letter No. ________________ Registration No. ____________to the “SELLER”
ii) That the plot above-mentioned is free from all encumbrances, charges, dues, fees and litigation of all sorts.
iii) That the ‘Purchaser’ has paid and the ‘Seller’ has accepted and hereby acknowledge the receipt of the entire sale consideration i.e. Rs. _________________________
iv) That the ‘Seller’ will made himself / herself available and sign all documents, which he is called upon to sign, execute and confirm by the Bahria Town or the ‘Purchaser’ in connection with the transfer of the said plot in favour of the purchaser.
v) That the ‘Seller’ has delivered / handed over all original documents of title / allotment / transfer to the Bahria Town to enable Purchaser to finalize sale / transfer in his favour.
vi) That if the ‘Seller’ commits any fault / default complying with any of the conditions hereinabove mentioned, he / she shall be liable to pay to the purchaser a penalty of a sum of Rs. ________________________as charges / damages.
vii) That the terms ‘Seller’ and the ‘Purchaser’ hereinbefore used shall include their respective heirs, legal representatives, successors, assigns and nominees.
IN WITNESS WHEREOF the parties have to mentioned have set their respective hands on the date and year above-mentioned.
WITNESSES:- (SELLER)
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SIG
NAME
N.I.C No. (PURCHASER) -
SIG
NAME
N.I.C No.