We as BEST PROPERTY LAWYERS | TOP LAW FIRMS KARACHI PAKISTAN, offer fast and efficient services in the following areas of Property Law:
First of all, parties should publish advertisement of transaction in newspapers inviting objections. After publication, there is a seven-day waiting time for arrival of objections, if any. The buyer should verify the authenticity of the documents possessed by the seller as well his authority to act on behalf of the seller / entity to sell this property.
Then we, as lawyer draft a suitable sale purchase agreement. Payment of stamp duty, capital value tax, Town tax and registration fee, according to the valuation table and prescribe fee. The Deputy District Officer Revenue and the District Officer Revenue, at Town and city level respectively, issue a “No Objection Certificate” in favor of the Seller permitting the sale of the property, provided that the entire amount due and payable in respect of the property has been satisfied.
The conveyance deed must be executed before the registering authority. Execution of the deed is done before the Sub-Registrar of Conveyance / Assurances of the area, official responsible under the Registration Act. Registration of the deed automatically follows the execution of sale deed. A receipt is issued immediately, but the deed is delivered a few weeks later. The name of the buyer is recorded in the new deed, showing the change in ownership.
We as a law firm, deals cases before Mediations, Arbitrations, Trial Courts, Appellate Tribunals, High Courts and Supreme Court. We also provide complete legal directions and pathways on the subject in accordance with applicable laws. We are also providing complete consultancy to Pakistan and overseas clients. Our lawyers are having exclusive expertise to register a public limited company in Pakistan and providing full support after registration a public limited.