Pakistan - Property
Commercial Sale Deed
Legal document for transfer of commercial property ownership in Pakistan.
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Instructions
How to execute a Commercial Sale Deed:
1. Verify commercial use approval from relevant authority.
2. Check approved building plan and NOC from developer.
3. Ensure all developer payments and taxes are cleared.
4. For company transactions, obtain board resolutions.
5. Pay applicable stamp duty and CVT.
6. Register at Sub-Registrar's office.
7. Complete mutation/transfer at revenue office.
1. Verify commercial use approval from relevant authority.
2. Check approved building plan and NOC from developer.
3. Ensure all developer payments and taxes are cleared.
4. For company transactions, obtain board resolutions.
5. Pay applicable stamp duty and CVT.
6. Register at Sub-Registrar's office.
7. Complete mutation/transfer at revenue office.
Frequently Asked Questions
Is commercial property stamp duty different?
Commercial properties may attract higher stamp duty rates in some provinces. Check current rates with Sub-Registrar.
What about FBR requirements?
For properties above certain values, biometric verification at NADRA and FBR may be required.
Can I convert to residential use?
Conversion requires approval from the development authority and may involve additional fees and revised taxes.
What is CVT?
Capital Value Tax is a 2% tax on property transactions in certain areas, payable at registration.