Process To Register Sale Deed in Pakistan
Process To Register Sale Deed in Pakistan
Sale deed
A sale deed, also known as a conveyance deed, is a legal document that transfers ownership of a
property from the seller to the buyer. It is a crucial document in the process of buying and selling a
property, and it serves as evidence of the sale transaction. This document also serves as evidence that
the buyer and seller completed the transaction, which will assist in identifying any instance of possible
fraud.
For the registry of land, plot or flat you will have to go with the seller of the property to the sub-registrar
branch of the concerned authority i.e. DHA, KDA, to register the property in your name.
1. Details of the property being sold, including its description, address, and boundaries.
6. Signature of witnesses.
The sale deed is executed by the seller and buyer, and it is then registered with the relevant authorities,
such as the Sub-Registrar of Assurances or the Registrar of Properties, to make it a legally binding
document.
3. Define terms: To outline the terms and conditions of the sale, including the sale price, payment
terms, and any encumbrances.
4. Protect rights: To protect the rights of both the seller and the buyer.
5. Facilitate registration: To enable the registration of the property in the buyer's name.
6. Prevent disputes: To prevent future disputes between the seller and the buyer.
1. Document Preparation
The first step is to prepare the sale deed document. The document should include all necessary details,
such as the property's description, sale price, payment terms, and identification of the parties involved
(buyer and seller). The document must be printed on non-judicial stamp paper of appropriate value.
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THE FHJDKBTTHE REGISTRATION PROCESS OF SALE DEED
List of compulsory of document
2. Title Deed (evidence of the right which an owner has to possess his/her property)
2. Sale Deed - if there is subsequent transaction (A case decree must be attached if the property’s
ownership has been disputed)
District officer board of revenue (BOR), mukhtiarkar and assistant commissioner issue a "Sales
Certificate" (No O8bjection Certificate) in favor of the seller permitting the sale of the property. Time to
complete is 14 days and associated cost is 300 rs.
Sub-Registrar's office as a part of the due diligence procedure, it is a common practice to search the
record and verify whether the counterpart actually owns the property. Lawyers also look into the
previous owners. The process is completely manual and does not have cost.
Once the document is prepared, the buyer needs to pay the stamp duty applicable to the sale deed. The
amount of stamp duty varies from state to state and is usually a percentage of the property's sale value.
In Karachi stamp duty is usually 2% of property value the buyer can purchase the required stamp papers
or e-stamp papers from authorized vendors.
The process of registering a document lies under sec 17 of registration act 1908.
The next step is to register the sale deed with the sub-registrar's office. Execution of the deed is done
before the Sub-Registrar of the area, official responsible under the Registration Act 1908. Registration of
the deed automatically follows the execution of sale deed. The name of the buyer is recorded in the new
deed, sh8owing the change in ownership. The documentation shall include: (i) Sale deed (stamped after
payment in Procedure 4) (ii) ID of parties (iii) Original title deed of seller (iv) Sales Certificate (obtained
in Procedure2 ) and (v) If the parties have authorized someone else through a power of attorney (POA) ,
the power of attorney in original with copies. After submitting the required documents, the parties will
arrange an appointment to sign and execute the sales deed in front of the sub-registrar. After executing
the deed, the registrar sends the transfer instrument to the scanning unit (there are two in Karachi). The
scanning unit scans the deed and inputs essential information in the electronic database for indexation
of the sales deed, publishing this information online in the Board of Revenue´s website. The sales deed is
then sent back to the sub-registrar office to be delivered to the buyer.
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THE FHJDKBTTHE REGISTRATION PROCESS OF SALE DEED
After the completion of the registration process, the sub-registrar's office will issue a registration
certificate to the buyer. The entire process takes around fourteen days and costs around amount to one
percent of the property value and varies according to the type of property and the area where it is
located
It is important to note that the registration of the sale deed should be done within the
prescribed time limit to avoid any penalty or legal consequences. The time limit for
registration varies from province to province.
Only 1% of the town tax or municipal tax and gains tax will be given by the seller.
➢ Property Ownership: Ensure that you have clear ownership of the property and all legal documents
in your name. Verify the property's ownership by checking the title deed, mutation, tax receipts, and
other relevant documents.
➢ Property Tax: Check if all the property taxes are paid up to date, and there are no outstanding dues
on the property.
➢ Property Verification: Verify the property with the relevant authorities to ensure it is not disputed or
involved in any legal issues.
➢ Registration Fees: Understand the registration fees and taxes involved in the process, as they can add
up to a significant amount.
➢ Fraudulent Practices: Be aware of fraudulent practices such as fake documents or false claims of
ownership, and take necessary precautions to avoid them.
➢ Note: The information provided is based on research conducted by me in the surveillance of Real
Estate Owner