Foreign buyers shouldn't be discouraged from buying property within the country. Although the procedure is lengthy, adhering to the requirements would ensure an efficient purchase..Blue world city Buying Propertiesforeign buyers who are looking to purchase or rent a home must provide a valid passport, a copy of the landlord's/realtors CNIC, attested copy of ownership, a valid contract and an employment contract if the buyer is working for a company. These are just a few examples of the necessities that the government demands when purchasing or selling properties.

Buyers must thoroughly inspect the property that they are buying to ensure there is in good condition and ownership of the property is actually with the seller. Sales Deeds are the best way to determine if the property isn't encumbered. they can be obtained through local authorities. It is crucial that buyers check the property to avoid any penalties from the government.

Properties in Pakistan are governed by various laws and rules of the province or municipality in which the property is situated. The most significant law buyers must look at is the Transfer of Property Act 1882, Stamp Act 1899, Land Revenue Act 1967 and the Registration Act 1908. These laws outline the legal requirements as well as obligations that could arise when the purchase or sale of properties.

To be able to have the title given to another owner the sale Deed or "Bay Nama" must be registered at the government registrar office. The Sales Deed must be stamped with an obligation to stamp on it. The stamp duty indicates how much of the value of the property .For More The value differs depending on the size and worth of the property. In modern housing properties simply a simple allotment form is enough proof that the property has been legally transferred to the new owner.

If buyers aren't certain of how to proceed with the transaction, they can hire an attorney or a "Mukhtar-e-Aam" to help them with the legal process. It is important that buyers ensure the authenticity of the deed and the authority of the attorney they're transacting business with to ensure that all transactions are valid and legal.