1. mortgage Documentation Asad Ali Jafri House building finance Company ltd JULY 14, 2011

2. Properties or assets that are offered to secure a loan.
Collateral
Properties or assets that are offered to secure a loan.

3. Marketable Title
Marketable title means that the land is free from all encumbrances and free from litigation.

4. Title
Title can be defined as the evidence of the right which an owner has to possess his/her property.

5. Defected Title
A title is said to be defected when there is some absence of legal requisite or deficiency, imperfection or in sufficiency in the evidence or when it is encumbered by other interest.
The expression “title defects” has come to mean the existence of encumbrances, Restrictions, encroachments and other interest or claims which affects the owner’s rights over the property.

6. Types of Land Free hold Land Lease hold Land Evacuee Land
Cantonment Land
Government granted Land
Allotted Land
Abandoned Properties

7. Types of Rights
Lease hold right
Ownership Right

8. Who maintains Record of Rights
Development Authorities
Land Revenue Departments (Tehsildar/ Mukhtarkar)
Societies
Military Estate Office / Cantonment Board
Evacuee Properties Trust Board
Estate Office of Federal Govt. (Abandoned Properties

9. Forms of Legal Transfer
Sale Deed
Gift Deed / Relinquishment Deed
Allotment Order
Exchange Deed
Will
Grant
Lease/Sub-Lease
License/Sub-License

10. Free hold properties Registered Sale deed
Last Jama Bandi OR Certified copy of City Survey extract OR Deh Form (II)
Gift Deed (If property is gifted)
Exchange Deed (if Property is acquired in exchange).
Mutation/Transfer
1. NEC
Building Plan duly approved along with covering letter

11. Some Land Related Nomenclature
Khasra : List of folds field Register.
Harvest inspection Register.
Khatauni: A list of holdings of tenants.
Khiwat : A list of owner’s holdings.
Shajra : Map, Plan
Shamilat: Village Common Land.

12. Other documents required for investment
Karachi Division
Title Documents
Other documents required for investment
Lease hold properties
Lease/Sub-Lease/Sub-Liscence
Sale Deed (if there is subsequent transaction)
Gift Deed (If property is gifted)
Exchange Deed (if Property is acquired in exchange).
Mutation/Transfer
Permission to Assign
NEC / (Search Certificate)
Site Plan
Building Plan duly approved along with approval letter

13. Hyderabad/ MirpurKhas Division
Title Documents
Other documents required for investment
Free hold properties (Rural Areas):
L-20, Ownership Certificate duly issued by the Taluka Mukhtiarkar or Sanad
Deh Form-VII
Deh Form-II (Mutation)
B. Free Hold Property (Urban Areas):
P.T.O./P.T.D/Sale Deed/Gift Deed
City Survey Extract/Deh Form-II (Mutation)
Statement issued by the Legal Heirs along with copy of statement from City Survey in cases of heir ship
C. Lease Hold Property:
Lease Deed/Sub-Lease Deed/Sale Deed/Gift Deed
Allotment order
D. Cantonment Areas:
Lease Deed
Extract of the Property
N.E.C. for last 12 years
Approved Building Plan with approval letter
Approved Site Plan
Aks-e-Shajra
Permission to Assign (L-19)
N.E.C. from the date of execution of lease deed
Clearance Certificate from MEO

14. Sukkur/ Larkana/ Jacobabad/ Dadu/ Khairpur
Title Documents
Other documents required for investment
Urban Area
Sale Deed
P.T..D/P.T.O
F.T.O.
Gift deed
Lease Deed/Sub-lease deed
City Survey Extract
Deh Form-II
Deh Form-VII
Mutation
Rural Area
Owner Ship Certificates issued by Union Council Authorities
Owner Ship Certificate issued by Mukhtiarkar concerned
N.E.C.
Permission to Assign
Approved Building Plan with approval letter
Approved Building Plan
Development Certificate issued by Union Council

15. Quetta/ Bolochistan Lease hold properties Lease Deed
Title Documents
Other documents required for investment
Lease hold properties
Lease Deed
Sale Deed (in case of subsequent transaction)
Mutation
B Free Hold Property (Rural & Urban Area)
Sale Deed (Registered)
Mutation in favor of Applicant
Fard
Jamabandi Record for last 15 years
C Free Hold Property (with no sale deed):
Mutation in Favor of applicant
Jamabandi Record
L-20 (Certificate of Assurance)
D Lease Hold cases of Cantonment Area
Lease Deed (Registered)
Sale deed (In case of a subsequent Transaction)
E. Lease Hold cases where land leased by Municipal/Town Committee, Local Govt, Prov.Govt.
Jamabandi Record for last 15 year
Fard Jamabandi Record
Sale Deed (in case there is subsequent transaction (Registered)
Permission to assign
N.E.C. from the date of lease deed
Approved Building Plan
Building Plan with Building Permit
N.E.C.
Aks e Shajra
Sakni Certificate
Building Plan with Building Permit
Aks-e-Shajra
Site Plan
Non Encumbrance Certificate
Permission to Assign (L-19)

16. Quetta Lease deed (Patta) Registered QDA Cases
where still the cost of land has not been fully paid yet)
where the cost of Land has completely been paid
where the house has been constructed and investment is required for further construction
Sale/Purchase Agreement
Final Transfer Deed (Registered).
Sale Deed (Registered)
Fard

17. Multan/ Bahawalpur Division
Title Documents
Other documents required for investment
Free hold properties (Urban)
Sale Deed/Gift Deed/Exchange Deed/Court Decree
Court certified copy of Mutation
Copy of record of Right (Fard Malkiyat)
(b) Urban area land where no record is available in Revenue Department:
P.T.D.
Confirmation of P.T.D.
PT-I
(c) Lease Hold Property:
Lease Deed/Sub Lease Deed
Extract from GLR
Aks-e-Shajra
N.E.C. for last 12 years
Approved Building plan + Approval letter
N.E.C (for the last 12 years)
Clearance certificate from Excise & Taxation Department
Building plan + Approval letter
Indemnity Bond regarding finality of P.T.D.
Permission to Assign
Building Plan + Approval letter
N.E.C. from the date of Lease Deed
Approved Building Plan

18. Faisalabad/ Sargodha Division Other documents required for investment
Title Documents
Other documents required for investment
Free Hold property (Urban Area)
Sale deed,
Gift deed (Regd)
Mutation
Fard Jamanbandi
B. Evacuee Property (Urban Area)
PTD/PTO
Confirmation of PTD (Permanent Transfer deed)
C. FDA/Punjab Govt. Housing Scheme (Urban)
Sale Agreement (Regd)
Allotment order
Transfer letter (in case of transfer of plot)
D. Cantonment Board (Urban Area)
Lease deed
MEO letter
Copy of G.L.R.
E. Rural Area:
Sale Deed
Mutation or Oral Mutation
Jamanbandi
L-20 (Assurance certificate)/Demarcation Certificate
Aks-e-Shijra
N.E.C.
Approved Building Plan with approval letter
Permission to Assign
Possession slip
Permission to assign
Approved Building Plan with Approval letter from District Council/Union Council concerned

19. Lahore/Gujranwala Division
Title Documents
Other documents required for investment
Free Hold Properties:
Registered Sale Deed
Certified copy of Mutation
Jamabandi
L-20 (In case of rural area)
B) Government Schemes:
Registered Sale Agreement/Sale Deed
Transfer letter/Allotment letter
C) Lease Hold & Contentment Schemes:
Registered Lease deed/Sub-Lease
General Land Register (Certificate)
Akse-Shujra
N.E.C.
Building plan with approval letter
Permission to assign
Possession order
Site Plan
Building Plan with approval letter

20. Islamabad (Capital Area)Other cities of Islamabad Zone
Title Documents
Other documents required for investment
Allotment Letter/Transfer order
After completion of house a Conveyance Deed is executed between CDA and Allottee
a) Free hold properties (Urban
Registered Sale deed/Gift Deed
Last Jamabandi, or city survey record
Mutation or sakni certificate from Tehsildar if plot is Shamile Abadi Area
b) Free hold property (Rural)
The following documents are required in addition to above documents:
1. L-20 from Tehsildar
Permission to Assign
Site Plan/ Layout Plan
Demarcation Certificate
Up to date NEC
Approved Building plan along with approval letter
Certificate of soundness/value of building for house purchase
Possession order/slip
Akse Shajra duly demarcated
Approved Building Plan
Co-sharer Affidavit (in case of co-sharer)

21. Islamabad (Capital Area)Other cities of Islamabad Zone
(…….. Contd…..)
c) Lease hold property of Cantonment Area
Lease deed/Sub Lease duly registered
GLR (General Land Register)
d) Evacuee Property:
Permanent Transfer Deed
PT-1
Subsequent Transfer
Permission to Assign
Possession order
Site Plan of Plot
Upto date NEC
Approved Building Plan
Letter of approval of the building plan
1. Upto date NEC
2. Site Plan
3. Original Approved Building plan with approval letter

22. Government Colonies/Lease Hold Properties: Sale Agreement duly registered Allotment order Rural Area property: Oral Mutation (Court Certified Copy) Building Plan + Approval Letter Mutation (Court Certified Copy) Copies of Record of Right (Fard Malkiyat) for the Last 12 Years L-20 (HBFC/Certificate of Assurance) by tehsildar (Sakni Certificate) . N.E.C. (for the last 12 Years)

23. Possession Slip Site Plan Permission to Assign
N.E.C. (from the date of Sale Agreement)
Building Plan + Approval Letter
Aks-e-Shajra
N.E.C.
Permission to Assign (L-19)
Building Plan with Building Permit

24. Peshawar Division/ NWFP Other documents required for investment
Title Documents
Other documents required for investment
Lease Hold Properties:
Sale Deed
Lease Deed
Gift Deed
Permanent Transfer Deed in case of Evacuee Property (PTD)
Mutation Certificate
B. Free Hold Properties:
Last Jamabandi or City Survey Extract
Sale Deed (in case of purchase)
Mutation
Permission to Assign
Approved Building Plan with approval letter
Approved Site Plan
Certificate of Assurance by Collector
N.E.C.
Aks-e-Shajra
Building Plan

25. Abbottabad/Hazara Division/ Northern Areas
Title Documents
Other documents required for investment
A. Lease Hold Properties:
Lease deed or agreement for sale/Sale deed
B. Free Hold Property:
Mutation
Last Jamabandi
Sale deed (in case property is purchased by applicant)
C. Un-Settled Area of Northern Areas:
Un-settled area form (designed by HBFC Management)
L-20
Site plan of the plot
Permission to Assign
N.E.C.
Approved Building Plan with approval letter
Aks-e-Shajra
Site plan
Assurance Certificate (L-20 in case of Rural Area)
Approved Building Plan with approval letter.

26. Thank You All
Q/A