An Agreement to Sell, also known as Iqrar Nama, is a written and duly drafted document that records the terms of a property sale or purchase. It serves as documented proof of the transaction between the parties involved in the sale or purchase of a property.
Iqrar Nama, or Agreement to Sell, is essentially a written record of the terms and conditions agreed upon for the sale or purchase of a property. It typically includes details such as the agreed price, advance payment, remaining balance, witnesses, and the location and status of the property.
An Iqrar Nama should be drafted with accuracy and legal precision to ensure that all terms are clearly defined and legally enforceable. It is strongly recommended to seek the assistance of an experienced lawyer to avoid errors and to eliminate any possibility of misrepresentation or future disputes.
For professional legal assistance, you may contact Asad Law Associates at 03016566633, 03332276633 or visit our offices in Islamabad, Lahore, Karachi, Rawalpindi, Peshawar, Faisalabad, Multan, Sialkot, Gujrat, Gujranwala, and Sargodha.
