A common or easy definition of a Property Transfer can be as; it
happens when owner title on a piece of property or money changes hands. In
other words, rights of it are given to another individual. It can be a plot, a
house or any type of piece of land i.e. residential or commercial.
If the total time lapse is considered, then it usually takes
seven to eight working days to execute a property transfer successfully. In
this whole process, nearly four different departments of directorates are
involved that are as follows:
(a) Town Planning and Building Control Directorate
(b) Finance Directorate
(c) Customer and Support Centre
(d) Legal Directorate
(e) Transfer and Record Directorate
Once the file passes all these stages, it is ready to be
transferred in the buyer party. Apart from sale and purchase, we also entertain
gift transfers (the voluntary transfer of existing movable or immovable
property by one person to another) and legal hair transfers (property transfers
that occur on someone's death, where the will stipulates who will inherit the
deceased's property), each of it has a slight change in procedures.
In the whole transfer process, PAK Realtors provides you with the best
of services that will meet your time frame and would enhance your bond with the
market ethics. We deliver you the facilities from the very beginning phase i.e.
receiving and printing documents till the day of termination of the whole process
i.e. delivering you the file containing the record of property transfer. The record
folder includes all the payments which had been done during the progression, it
can be in the form of Transfer Dues of DHA, Tax of Federal Government, Tax of
Punjab Government, and other payments (if any). Also, the record file encloses
all the Non-Judicial stamp papers duly signed by both parties (Seller and
Buyer). At the end of the day, our only aim is that our services meet your
expectations. We assure you the best service of all times.