Affidavit For Relinquishment Of Property Rights for Malaysia

Affidavit For Relinquishment Of Property Rights Template for Malaysia

A formal sworn document governed by Malaysian law, specifically the Statutory Declarations Act 1960 and National Land Code 1965, wherein an individual voluntarily declares their intention to give up their rights, title, and interest in a specified property. The document must be executed before a Commissioner for Oaths and requires detailed information about the property, the deponent, and the circumstances of relinquishment. It serves as a legally binding declaration that can be used in property transactions, family settlements, or other situations where formal renunciation of property rights is required.

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What is a Affidavit For Relinquishment Of Property Rights?

The Affidavit For Relinquishment of Property Rights is a crucial legal instrument in Malaysian property law, primarily used when an individual needs to formally and voluntarily surrender their rights, title, and interest in a property. This document is commonly required in various scenarios including family property settlements, dissolution of joint ownership, or as part of larger property transactions. The affidavit must comply with Malaysian legal requirements, particularly the Statutory Declarations Act 1960 and the National Land Code 1965, and must be sworn or affirmed before a Commissioner for Oaths. It contains detailed information about the property being relinquished, the deponent's personal information, and explicit declarations about the voluntary nature of the relinquishment. For Muslim property owners, additional considerations under Islamic law may apply.

What sections should be included in a Affidavit For Relinquishment Of Property Rights?

1. Title and Opening Declaration: States the document type and includes the standard opening declaration 'I, [name] of [address], [occupation], do solemnly and sincerely affirm/swear and say as follows:'

2. Deponent Details: Personal information of the person making the affidavit including full name, NRIC number, age, occupation, and current address

3. Property Details: Complete description of the property being relinquished including address, title details, lot number, and any relevant registration information

4. Statement of Ownership: Declaration of current ownership status and how the property was acquired

5. Declaration of Relinquishment: Clear and unambiguous statement of intention to relinquish all rights, title, and interest in the property

6. Voluntary Declaration: Statement that the relinquishment is made voluntarily, without coercion, and with full understanding of its implications

7. Verification Statement: Standard closing statement verifying that the contents are true and made under oath/affirmation

8. Execution Block: Space for signature of deponent and Commissioner for Oaths, with date and official seal

What sections are optional to include in a Affidavit For Relinquishment Of Property Rights?

1. Consideration Statement: If applicable, details of any consideration received for the relinquishment

2. Beneficiary Details: If the rights are being relinquished in favor of specific individuals or entities, their details and relationship to the deponent

3. Spousal Consent: Required for Muslim property owners or if the property is matrimonial property

4. Power of Attorney Reference: If the affidavit is being executed under a power of attorney, details of the power of attorney document

5. Language Declaration: If the deponent is not fluent in the language of the affidavit, a declaration that its contents have been explained in a language understood by the deponent

What schedules should be included in a Affidavit For Relinquishment Of Property Rights?

1. Property Title Documents: Copies of relevant property ownership documents, certified by Commissioner for Oaths

2. Identity Documents: Certified copies of the deponent's identification documents

3. Previous Agreements: If the relinquishment is pursuant to any prior agreement, certified copies of such agreements

4. Power of Attorney: If applicable, certified copy of power of attorney document

5. Property Valuation: If relevant, current valuation report of the property being relinquished

Authors

Alex Denne

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

Jurisdiction

Malaysia

Publisher

Genie AI

Document Type

Affidavit

Cost

Free to use
Relevant Industries

Real Estate

Legal Services

Property Development

Banking and Finance

Construction

Property Management

Public Administration

Family Services

Estate Planning

Islamic Finance

Relevant Teams

Legal

Real Estate

Property Management

Compliance

Administrative Services

Document Processing

Land Registry

Conveyancing

Risk Management

Customer Relations

Relevant Roles

Property Lawyer

Real Estate Agent

Property Manager

Legal Counsel

Conveyancing Executive

Land Administrator

Estate Planning Advisor

Property Rights Specialist

Commissioner for Oaths

Legal Administrative Officer

Property Development Manager

Compliance Officer

Title Officer

Real Estate Transaction Coordinator

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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