SAMPLE OF AGREEMENT TO SELL

AGREEMENT TO SELL

THIS AGREEMENT TO SELL is made at Karachi this 25 th day of November 2006,

BETWEEN JAMIL UDDIN ANSARI S/o. GHAYAS UDDIN, Muslim, adult resident of B-3, Pinjra pur Building, Aram Bagh, Karachi hereinafter called as the VENDOR (which expression wherever and whenever the context so permits shall means and include his heirs, executors, administrators, successors, assignees, legal representatives, attorneys, agents) of the ONE PART;

AND

MOHSIN JAMIL son of JAMIL UDDIN ANSARI, Muslim, adult resident of 190/332, Millat Town, Karachi hereinafter called the Vendee (which expression wherever and whenever the context so permits shall means and include his heirs, executors, administrators, successors, assignees, legal representatives, attorneys, agents) of the OTHER PART;

WITNESSES AS UNDER

1. WHEREAS the Vendor above named is at the date of these presents seized, possessed and sufficiently is the exclusive alotee/transferee and owner of immoveable property viz. open Plot No. 190/332, situated at Millat Town, near Azimpura, Karachi, which was acquired from Five Star Costruction Co. Millat Town, Scheme Survey No. 332, Karachi, by virtue of Allotment/Transfer and Possession Letter.

2. WHEREAS the Vendor is hereby agree to sell, convey, assign and transfer and the Vendee is hereby agree to purchase Plot No. 190/332, situated at Millat Town, near Azimpura, Karachi, for lump sum of Rs.400,000/= (Rupees Four Lacs only) being full and final settlement toward the sale price of the said Plot No. 190/332 measuring about 120 Sq. Yards, free from all claims, charges, mortgages, dues, encumbrances or dispute.

3. WHEREAS the Vendee has hereby paid the entire amount in cash to Vendor, the Vendor hereby acknowledges. A separate receipt for the said amount has also been executed in presence of witnesses.

4. That in pursuance of this agreement the Vendor has delivered the physical vacant possession of the said Plot/Land to the Vendee at the time of execution of this agreement.

5. That all the document, pertaining to the said Plot/Land bearing Plot No. 190/332 and entire possession this has been handed over by the Vendor to the Vendee.

6. That the Vendor and his heirs, executors, administrators, successors, assignees and other legal representatives will have no right or concern in the said property.

7. That in future all the demands, taxes, lease deed, occupancy value etc shall be borne by the Vendee.

8. That the vendor undertakes to effect the transfer of the said Plot in the name of the Vendee and will do all acts, things and deeds for the better and more perfectly conveying the said plot to the Vendee his heirs, executors, administrators, successors, assignees and other legal representatives.

IN WITNESSES WHEREOF the aforesaid parties have set their respective hands at Karachi on the day aforesaid in presence of the following witnesses.

WITNESSES

(1) ____________________ VENDOR __________________ ____________________

(2) ____________________ VENDEE ___________________ ____________________