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DRAFT — FOR REVIEW ONLY (NOT LEGALLY VERIFIED WITHOUT LAWYER & STAMP)
JURISDICTION: ISLAMABAD (ICT / CDA / DHA / BAHRIA ENCLAVE)
DOCUMENT: BAYANA / EARNEST MONEY AGREEMENT
DATE OF EXECUTION: 2026-10-31
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1. PARTIES TO THE TRANSACTION
FIRST PARTY (SELLER / OWNER):
   Name: Malik Tariq Mehmood S/O, D/O, W/O Haji Abdul Karim
   CNIC No: 61101-4829104-3 | Contact: 0300-5123456
   Address: House No. 42, Street 18, Sector F-11/2, Islamabad

SECOND PARTY (PURCHASER):
   Name: Chaudhry Usman Ali S/O, D/O, W/O Chaudhry Muhammad Riaz
   CNIC No: 37405-8392017-5 | Contact: 0321-9876543
   Address: House No. 115, Phase 7, Bahria Town, Rawalpindi

2. SCHEDULE OF PROPERTY
   Category: Plot
   Property / Unit No: Plot No. 214, Street 14
   Sector / Housing Society: Sector G-13/1 (CDA), Islamabad
   Measured Area / Size: 10 Marla (35x65 ft / 250 Sq. Yards)
   Allotment / Khasra / Registration Ref: CDA Allotment / Membership No. CDA-G13-8821
   Controlling Authority: Capital Development Authority (CDA) / ICT Administration

3. FINANCIAL CONSIDERATION & PAYMENT SCHEDULE
   Total Agreed Consideration: Rs. 28,500,000
   Token Money Paid: Rs. 500,000
   Earnest Money / Bayana Paid: Rs. 5,000,000 via Pay Order / Bank Draft (Meezan Bank #PO-994120)
   Net Remaining Balance Payable: Rs. 23,000,000
   Final Transfer / Closing Deadline: 2026-12-15

   INSTALLMENT & MILESTONE SCHEDULE:
   (1) First Part-Payment (Upon NDC Application): Rs. 8,000,000 due on 2026-11-20 (Bank Pay Order)
   (2) Final Balance at CDA / Society Transfer Counter: Rs. 15,000,000 due on 2026-12-15 (Bank Pay Order)

4. COVENANTS, OBLIGATIONS & PROTECTIVE CLAUSES
   4.1. TITLE ASSURANCE: The First Party solemnly declares that the property is free from all encumbrances, bank mortgages, stay orders, family disputes, and prior agreements.
   4.2. DEFAULT & FORFEITURE CLAUSE: If the Second Party (Buyer) fails to pay the remaining balance by the stipulated closing date, the Bayana / Earnest money shall stand forfeited. Conversely, if the First Party (Seller) backs out or fails to transfer clean title, the First Party shall refund DOUBLE the Bayana amount to the Second Party.
   4.3. DUES & NDC CLEARANCE: All society development charges, property taxes, electricity, and gas bills up to the date of transfer/possession shall be cleared by the First Party.
   4.4. BIOMETRIC & TRANSFER APPEARANCE: The First Party undertakes to appear in person for NADRA biometric verification, e-Stamp execution, and Society / Sub-Registrar transfer upon receipt of the remaining balance.
   4.5. STATUTORY TAXES & COMMISSION: FBR Section 236C (Seller Advance Tax) shall be borne by Seller; Section 236K (Buyer Advance Tax), Stamp Duty, and Transfer Fee shall be borne by Buyer. Agency Commission (1% = Rs. 285,000) is payable upon deal signing.

5. EXECUTION & WITNESSES (UNDER QANUN-E-SHAHADAT ORDER 1984)
   IN WITNESS WHEREOF, both parties have set their hands and thumb impressions on this document out of their free will and without coercion.

   ___________________________                ___________________________
   FIRST PARTY (Seller / Owner)            SECOND PARTY (Purchaser)
   Name: Malik Tariq Mehmood                        Name: Chaudhry Usman Ali
   CNIC: 61101-4829104-3                    CNIC: 37405-8392017-5

   WITNESS NO. 1:                             WITNESS NO. 2:
   Name: Raja Kamran Abbasi                      Name: Syed Ali Raza
   CNIC: 61101-1928374-1                    CNIC: 37405-5647382-9
   Signature: ________________                Signature: ________________

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LEGAL NOTICE: This document is an AI-assisted draft generated via YourSmartToolKit Property Documents Studio. Legal validity, stamp duty, registration, and enforceability depend on applicable Pakistani law. Always print on official e-Stamp paper and have a qualified advocate review before execution.