PURCHASE OF PROPERTY

  • Review of Title Documents and carrying out Title Search to ensure correct ownership.
  • Valuation (if not already done) of the Property on the basis of location, size/area, date of construction, constructed/covered area, type of construction, amenities, current market valuation.
  • Possible visits to Excise and Taxation Department, Water & Sewerage Department and KDA for ascertaining any unpaid dues till the Closing Date.
  • Preparation of Public Notice for Purchase of Property for publication in the local press.
  • Consultations, Preparation and finalization of Agreement of Sale.
  • Consultations, Preparation, Review and Finalization of detailed Sale Deed (Conveyance Deed).
  • Coordination with Parties and the Property Registrar to execute and Register the Sale Deed in the Office of the Property Registrar.
  • Taking over of the vacant possession of the Property in good order.
  • Coordination at Microfilm Department to collect the Registered Documents as quickly as possible.
  • Review of Title Documents to ascertain correct ownership.
  • Title Search (if necessary) at the Property Registrar’s Office to ascertain Lesson’s title to the Property.
  • Consultations, negotiations, preparation and/or legal review, amendments, redrafting and finalization of the Lease Agreement, Fixture and Fittings Agreement etc.
  • Stamping of the final Lease Agreement through the Office of the Superintendent of Stamps, City Court, Karachi. (other cities).
  • Coordination with the Lessor / Lessee and the Estate Agent to list and organize all Identification / documents required on the part of the Lessor and the Lessee for presentation to the Property Registrar at the time of Registration.
  • Organizing an appointment from the Property Registrar for the Registration of the Lease Document. It would be our Endeavour to have the Registration process completed in our/Client’s Office as opposed to requiring the Parties to have to visit the Property Registrar’s Office, and be subjected to wastage of time.
  • After the Registration, we would complete the Legal Process of delivering the Lease Document to the Microfilming Department, follow-up and return of the Lease Documents to the Client after completion of microfilming process.