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Thursday, February 9, 2012
   
CONVEYANCE DEED

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WHEREAS the Vendor abovenamed on the date of these presents is seized, possessed of and is otherwise well and sufficiently entitled to all that LEASEHOLD RESIDENTIAL PLOT OF LAND BEARING NO._____________________________PHASE ___________, MEASURING__________ SQ. YARDS (approx) TOGETHER WITH DOUBLE STOREYED BUNGALOW CONSTRUCTED THEREON, with all fittings and fixtures therein SITUATED AT PAKISTAN DEFENCE OFFICERS HOUSING AUTHORITY, KARACHI, hereinafter referred to as the ‘SAID PROPERTY”.

WHEREAS the said Vendor is fully entitled to sell, convey transfer the said property which has been dully described and shown in this schedule appearing at the foot of these presents.

AND WHEREAS SUB-LEASE (FORM-A) duly executed by Pakistan Defence officers Housing Authority, Karachi, and registered in the Office of Sub-Registrar, T-Division-IIA, Karachi, under Registration No..____________________________ _________________________________________________________________________________________________________.

AND WHEREAS ____________________________________________has constructed a One Unit Bungalow on the Plot of land after completion of the said Bungalow was Leased out in Form ‘B’ for a period of 99 years, duly executed by the President of Pakistan through M.E.O. Karachi, Circle, Karachi and Pakistan Defence Officers’ Housing Authority, Karachi, and Registered in the Office of the Sub-Registrar, T-Division-IIA, Karachi, under __________________________________________________________________________


WHEREAS the said ‘VENDOR’ abovenamed has agreed to sell, grant, transfer, convey and assign ‘SAID PROPERTY’ with peaceful physical vacant possession and free from all encumbrances, charges, liens, burdens, mortgages, with marketable title, demands, disputes, and litigation’s, previous commitment and dues to the said Vendee for a lumpsum sale consideration of Rs._______________________________________________________________________________________________________

AND WHEREAS the VENDEE abovenamed has agreed to purchase the SAID PROPERTY from the Vendor for a lumpsum sale consideration of Rs.__________________________________________________________________________________________

AND WHEREAS the VENDOR abovenamed has assured the VENDEE that the SAID PROPERTY is free from all sorts of claims, encumbrances, mortgages, liens, rights, burdens and dues etc and all the existing easements with absolute ownership rights which are enjoyed by the VENDOR without any restrictions or objections, from any authority or allied governing bodies etc., and the same are subsisting and in full force and same have not been impaired, lost or suspended for any reason whatsoever.

AND WHEREAS the VENDOR has filed affidavit declaring that he is not indebted to any Bank, Financial Institution, and/or any other person or Court or Co-operative Bank Co-operative Society either as principal or as a Surety for any loan payable now or in the future in respect of the ‘SAID PROPERTY.


 
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