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| Legal Notice of Property Installments in Pakistan |
In the name of ALLAH, the most beneficent, the most
merciful
Format of Legal
Notice for payment of property on installments
When a person purchases a Property/ house on installments
but does not pay the due installments, a Legal Notice can be sent to such
person defaulter of installments. Following is the sample of legal notice about
property purchased on installments.
To,
_________________
Subject
: Legal Notice
I have been instructed by client _________________ to serve you with the following legal notice.
1.
That the “___________” is
a project for construction of houses and to allot to purchasers on installments
to mediocre people and also on cash basis. For the said purpose, many persons applied
and got transferred the houses through registered sale deeds and also entered into
agreements on installments.
2.
That you also approached to
my client for the purchase of house on monthly installment in said project. The
terms and conditions of the allotment were duly provided to you, which you read
and signed and then agreed to purchase the house on monthly installments. My
client on behalf of ___________executed an agreement with you on 05-09-2015 in
respect of House _____________in consideration of Rs. 29,00,000/- whereby you
paid an amount of Rs. 6,00,000/- and it was settled that you will pay the
remaining amount in monthly installments @ Rs. 15,000/- on or before 5th
of each month. It was also agreed in the agreement that in case of non-payment
of three consecutive monthly installments, the firm can cancel the agreement.
3.
That you failed to comply
with the terms and conditions of the agreement and failed to deposit the
monthly installments since 2016. Due to default in payment of monthly installments,
my client has a right to cancel the agreement taking action according to the
terms and conditions of the agreement.
4.
That in good faith, my client
gives you grace period of 15 days for deposit of arrears of installments along
with penalty and for deposit of future monthly installments without any fault.
5.
That through this notice, you
are hereby called upon to deposit the arrears of installments along with
penalty within 15 days after issuance of this legal notice and also to ensure
deposit of future monthly installments without any default, otherwise you
agreement will be cancelled and my client will be at liberty to proceed further
in accordance with the terms and conditions of the agreement and to proceed
before the court of competent jurisdiction at your risk and costs.
________
Advocate high court
Note: A
copy of this legal notice is retained in my office for record and further legal
action if required.