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1. Parties: Identification and details of the Vendor and Purchaser, including full names, identification numbers, and addresses
2. Background: Context of the transaction, including brief description of the property and parties' intention to enter into a sale and purchase transaction
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Details: Comprehensive description of the property including title details, lot number, built-up area, and address
5. Purchase Price: Agreed purchase price and payment terms including deposit amount and payment schedule
6. Conditions Precedent: Conditions that must be fulfilled before proceeding to the final Sale and Purchase Agreement
7. Time Period: Duration for signing the final Sale and Purchase Agreement and completing conditions precedent
8. Deposit and Stakeholder Terms: Details of the deposit payment and stakeholder arrangements
9. Representations and Warranties: Basic warranties from both parties regarding their capacity to enter into the agreement and property ownership
10. Termination: Circumstances under which the agreement can be terminated and consequences of termination
11. Governing Law: Confirmation that the agreement is governed by Malaysian law
12. Execution: Signature blocks and execution formalities
1. Due Diligence: Terms for conducting property and title investigations, used when the purchaser requires a due diligence period
2. Bank Financing: Terms relating to the purchaser's financing arrangements, included when bank financing is required
3. Strata Title Terms: Specific provisions for strata properties, included when the property is an apartment or condominium
4. Vacant Possession: Terms regarding delivery of vacant possession, included when the property is currently occupied
5. GST/Tax Provisions: Special tax considerations, included when applicable to the transaction
6. Third Party Consent: Requirements for obtaining third party approvals, included when such approvals are needed
7. Property Management: Terms regarding maintenance fees and sinking fund for strata properties
8. Foreign Investment: Additional requirements if the purchaser is a foreign investor
1. Schedule 1 - Property Details: Detailed property information including exact measurements, boundaries, and title particulars
2. Schedule 2 - Payment Schedule: Detailed breakdown of payment terms and timeline
3. Schedule 3 - Property Condition: Current condition of the property and list of included fixtures and fittings
4. Schedule 4 - Required Documents: List of documents to be provided by each party
5. Appendix A - Copy of Title: Copy of land title or strata title
6. Appendix B - Property Plans: Floor plans, location plans, or other relevant property drawings
7. Appendix C - Special Conditions: Any special conditions agreed between the parties
Bank
Business Day
Completion
Completion Date
Conditions Precedent
Deposit
Encumbrances
Final Agreement
Identity Card
Land Office
Legal Fee
Local Authority
Property
Purchase Price
Purchaser
Ringgit Malaysia
Sale and Purchase Agreement
Stakeholder
State Authority
Strata Title
Title Deed
Transaction Documents
Vacant Possession
Vendor
Working Day
Purchase Price
Payment Terms
Conditions Precedent
Deposit
Due Diligence
Representations and Warranties
Stakeholder Obligations
Title and Ownership
Completion
Time of Essence
Default
Termination
Force Majeure
Notices
Assignment
Governing Law
Dispute Resolution
Entire Agreement
Severability
Costs and Expenses
Confidentiality
Further Assurance
Amendment
Good Faith
Real Estate
Residential Property
Commercial Property
Industrial Property
Property Development
Legal Services
Banking and Finance
Construction
Property Investment
Legal
Real Estate
Property Management
Business Development
Commercial
Compliance
Finance
Sales
Investment
Operations
Legal Counsel
Property Lawyer
Real Estate Agent
Property Developer
Contract Manager
Property Manager
Conveyancing Lawyer
Legal Executive
Company Secretary
Commercial Director
Real Estate Manager
Business Development Manager
Investment Manager
Property Consultant
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