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Property Evaluation Form for Pakistan

Property Evaluation Form Template for Pakistan

A comprehensive legal document used in Pakistan for the systematic evaluation and assessment of real property assets. This form adheres to Pakistani property law requirements and valuation standards, incorporating both federal and provincial regulatory requirements. It provides a detailed analysis of property characteristics, market conditions, and value determinants, serving as an official record for various purposes including sales, mortgages, insurance, and taxation. The document includes thorough assessment of physical attributes, legal status, and market positioning of the property, while ensuring compliance with local property regulations and valuation methodologies.

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What is a Property Evaluation Form?

The Property Evaluation Form is a critical document in Pakistan's real estate and financial sectors, designed to provide a standardized approach to property valuation and assessment. It is commonly used when determining property value for sales, mortgages, insurance, taxation, or legal proceedings. The form incorporates requirements from various Pakistani legislative frameworks including the Land Revenue Act, Registration Act, and relevant provincial regulations. It captures comprehensive information about property characteristics, market conditions, legal status, and value determinants, serving as a reliable basis for property-related decisions and transactions. The document is structured to meet the needs of various stakeholders including financial institutions, government authorities, and property professionals, while ensuring compliance with local valuation standards and regulatory requirements.

What sections should be included in a Property Evaluation Form?

1. Property Identification: Basic details including address, plot number, and property registration details

2. Ownership Information: Current owner details, title documentation references, and ownership history

3. Property Description: Physical characteristics including land area, built-up area, number of stories, room count

4. Construction Details: Building materials, age of construction, quality of finish, and structural condition

5. Location Analysis: Neighborhood characteristics, accessibility, amenities, and infrastructure

6. Legal Status: Encumbrances, liens, legal disputes, and zoning compliance

7. Market Analysis: Current market conditions, comparable properties, and recent transactions in the area

8. Valuation Methodology: Approaches used for valuation (Cost, Income, or Market Comparison)

9. Value Assessment: Final value determination with detailed breakdown

What sections are optional to include in a Property Evaluation Form?

1. Income Analysis: For income-generating properties, including rental history and projected income

2. Environmental Assessment: Environmental factors and risks affecting the property value

3. Development Potential: Analysis of future development possibilities and restrictions

4. Commercial Features: For commercial properties, including business potential and market positioning

5. Agricultural Assessment: For agricultural lands, including soil quality and crop potential

6. Heritage Status: For historical properties, including conservation requirements and restrictions

What schedules should be included in a Property Evaluation Form?

1. Appendix A - Property Photographs: Comprehensive photographic documentation of the property

2. Appendix B - Location Maps: Site plan, locality map, and zoning maps

3. Appendix C - Title Documents: Copies of relevant property ownership documents

4. Appendix D - Building Plans: Approved architectural and structural plans

5. Appendix E - Comparable Properties: Detailed analysis of comparable property transactions

6. Appendix F - Calculation Sheets: Detailed valuation calculations and methodologies

7. Appendix G - Legal Documents: Relevant permits, certificates, and legal clearances

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Pakistan

Publisher

Ƶ

Document Type

Evaluation Form

Cost

Free to use
Relevant legal definitions
















































Clauses





























Relevant Industries

Real Estate

Banking & Finance

Insurance

Construction

Property Development

Public Sector

Legal Services

Urban Planning

Agriculture

Industrial

Relevant Teams

Real Estate

Valuations

Legal

Compliance

Risk Assessment

Property Management

Asset Management

Mortgage Processing

Insurance Underwriting

Tax Assessment

Property Development

Investment Analysis

Relevant Roles

Property Valuer

Real Estate Appraiser

Property Surveyor

Real Estate Agent

Mortgage Officer

Property Lawyer

Tax Assessor

Insurance Underwriter

Property Manager

Urban Planner

Real Estate Investment Analyst

Property Development Manager

Asset Manager

Compliance Officer

Legal Counsel

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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