๐ Legal Checklist Before Buying Commercial Property in Pakistan
Last Update 7 months ago
Before finalizing a commercial property deal, it's essential to go through a legal checklist to avoid future disputes and financial loss. Here’s what to include:
-
Verify Ownership
Request the Fard (record of rights) and Registry documents to confirm the seller is the legal owner. -
Check Title Chain
Ensure there’s a complete, unbroken history of ownership to avoid fraudulent transfers. -
Zoning Verification
Confirm with local development authorities (LDA, CDA, SBCA) that the property is zoned for commercial use. -
Obtain the Mutation Document (Intiqal)
This certifies that the property was properly transferred to the seller. -
Check Approved Building Plans
Especially for built properties, verify that construction complies with approved plans. -
Tax Clearance
Request property tax receipts to ensure there are no outstanding dues. -
NOC Verification
Ensure that all required No Objection Certificates (e.g., for utilities, road access, EPA clearance) are obtained. -
Possession Certificate
For newly constructed units, this proves that the developer has handed over legal possession to the current owner.
Consult a real estate lawyer to help interpret these documents and verify their authenticity before making payment.