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Addendum Deed Of Sale Template for Pakistan

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Key Requirements PROMPT example:

Addendum Deed Of Sale

"I need an Addendum Deed of Sale for a residential property in Lahore, Pakistan, to modify the payment schedule of the original sale deed dated January 15, 2025, extending the final payment deadline by six months and adjusting the installment amounts."

Document background
The Addendum Deed of Sale is utilized in Pakistan when parties need to modify terms of an existing property sale agreement without creating an entirely new deed. This document type is essential when circumstances require amendments to the original sale terms, such as price adjustments, payment schedule modifications, or corrections to property descriptions. The addendum must comply with Pakistani property law, including the Transfer of Property Act 1882 and Registration Act 1908, and requires proper registration and stamp duty payment. It's commonly used in both residential and commercial property transactions, ensuring that changes to the original agreement are legally documented and enforceable. The document serves as a crucial tool for property transactions where the original deed of sale requires modification while maintaining the fundamental agreement between parties.
Suggested Sections

1. Parties: Identification of all parties to the original deed and the addendum, including their full legal names, addresses, and capacity

2. Background: Reference to the original deed of sale, its date, registration details, and brief context for the addendum

3. Definitions: Key terms used in the addendum, including references to defined terms in the original deed

4. Purpose of Addendum: Clear statement of the purpose and scope of modifications being made to the original deed

5. Amendments: Specific modifications to the original deed, clearly stating what is being changed, added, or removed

6. Effect on Original Agreement: Statement confirming that all other terms of the original deed remain in full force and effect

7. Governing Law: Confirmation that the addendum is governed by Pakistani law

8. Registration and Stamp Duty: Provisions regarding registration requirements and applicable stamp duty

9. Execution: Signature blocks, witness requirements, and execution formalities

Optional Sections

1. Additional Consideration: Required if the modifications involve changes to the original purchase price or additional payments

2. Property Description Updates: Needed if there are any changes or corrections to the property description

3. Time Extension: Include if the addendum modifies any timeframes or deadlines in the original deed

4. Third Party Consents: Required if any third party approvals are needed for the modifications

5. Tax Implications: Include if the modifications have specific tax consequences that need to be addressed

6. Force Majeure: Add if new circumstances or events need to be accounted for in the force majeure provisions

Suggested Schedules

1. Schedule A - Original Deed: Copy or extract of the original deed of sale being modified

2. Schedule B - Modified Terms: Detailed listing of all modifications in tabular format showing original and revised terms

3. Schedule C - Updated Property Details: If applicable, revised or corrected property descriptions, measurements, or boundaries

4. Schedule D - Payment Schedule: If applicable, modified payment terms or additional consideration details

5. Schedule E - Supporting Documents: Copies of relevant permits, approvals, or third-party consents

6. Appendix 1 - Documentation Checklist: List of all required documents for registration and legal compliance

Authors

Alex Denne

Head of Growth (Open Source Law) @ 红杏直播 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions






























Clauses






















Relevant Industries

Real Estate

Construction

Banking and Finance

Property Development

Commercial Property

Residential Property

Industrial Property

Agriculture (for agricultural land)

Retail (for commercial properties)

Hospitality

Relevant Teams

Legal

Real Estate

Compliance

Property Management

Corporate Affairs

Documentation

Land Acquisition

Contract Administration

Asset Management

Risk Management

Relevant Roles

Legal Counsel

Property Manager

Real Estate Agent

Corporate Lawyer

Contract Manager

Property Developer

Land Acquisition Manager

Compliance Officer

Real Estate Transaction Coordinator

Title Officer

Property Rights Specialist

Real Estate Portfolio Manager

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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