INDEMNITY BOND FROM TRANSFEROR (ALLOTTEE)

I, ______S/o, D/o,W/o ______resident of ______do hereby solemnly affirm and declare as under:

  1. That the executant has sold Plot No.______, Street No.______, Block_____ measuring ______Sq. Yds. ______Marlas in Housing Scheme______to Mr./Mrs./Miss.______S/o, D/o, W/o______resident of ______.
  1. That the executant has submitted transfer application dated ______to Director (H&W) Overseas Pakistanis Foundation, Islamabad for transfer of the said plot in favour of purchaser and the executant also submitted an indemnity bond to the effect that the above said plot is free from all sort of encumbrances and the executant is the sole/absolute and exclusive owner of the above said plot and has not taken any loan from any Bank or any other loan giving Agency against the said plot.
  1. That I hereby undertake to indemnify the purchaser and Overseas Pakistanis Foundation that if due to some legal defects in ownership of the seller or the purchaser and Overseas Pakistanis Foundation suffers any losses the executant shall pay back the entire sale consideration alongwith expenses and damages to the purchaser.
  1. That the executant further agrees for himself, his heirs and administrators assigns to have the purchaser and keep him harmless against any damage cost and expenses which he may sustain and incur by reason or claim being made by any arrear due therefrom.
  1. I,______S/o, D/o, W/o ______residentof ______CNIC No.______do hereby declare that my signature on ______do not tally with those on ______. I indemnify OPF against any claim arising due to difference in my signatures.

IN WITNESS WHEREOF I have here into set and subscribed under my hands at ______on this ______day of ______20___.

EXECUTANT______

Name______

CNIC No______

Witness 1.______

Witness 2.______

(To be typed on Rs _____ Non-Judicial Stamp paper of appropriate value & duly countersigned by Notary Public and Magistrate Ist Class alongwith copies of National Identity Cards of witnesses )

D:\Transfer and affidavits\Transfer Forms - New July 2015.doc