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Absolute Deed Of Sale Land Template for Malaysia

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Key Requirements PROMPT example:

Absolute Deed Of Sale Land

"I need an Absolute Deed of Sale Land for a commercial property transfer in Kuala Lumpur between multiple corporate entities, with completion scheduled for March 2025 and including provisions for existing tenant agreements."

Document background
The Absolute Deed of Sale Land is a crucial legal instrument in Malaysian property transactions, used when there is a complete and permanent transfer of land ownership. This document, governed by the National Land Code 1965 and various state-specific regulations, is essential for both private and commercial property transactions in Malaysia. It includes comprehensive details about the property, parties involved, consideration, and transfer terms. The deed must account for Malaysia's unique legal framework, which combines common law principles with Islamic law considerations, particularly for Malay Reserve Land or when involving Muslim parties. The document requires proper execution and registration with the relevant land office to legally effect the transfer of ownership and must comply with state authority requirements, stamp duty regulations, and registration procedures.
Suggested Sections

1. Parties: Identification of the Vendor(s) and Purchaser(s) with full names, identification numbers, and addresses

2. Background: Brief recital of the Vendor's ownership, intention to sell, and Purchaser's intention to buy

3. Definitions: Definitions of key terms used throughout the deed

4. Property Details: Comprehensive description of the land including title details, lot number, area, and location

5. Consideration: Purchase price and payment terms

6. Vendor's Warranties: Warranties regarding title, encumbrances, and authority to sell

7. Transfer of Title: Express words of absolute transfer and assignment

8. Possession: Terms of vacant possession and delivery

9. Title Documents: Handling and transfer of title documents

10. Costs: Allocation of legal fees, stamp duty, and registration fees

11. Execution: Signing requirements and attestation

Optional Sections

1. Conditions Precedent: Used when there are specific conditions that must be met before completion

2. Existing Tenancies: Required when the property is subject to ongoing tenancies

3. Planning Restrictions: Included when there are specific land use or development restrictions

4. Native Land Rights: Required for properties in areas subject to native land rights

5. Islamic Law Compliance: Required for Malay Reserve Land or when parties are Muslim

6. Third Party Consents: Included when specific approvals are needed from authorities or other parties

7. Environmental Matters: Required when there are environmental considerations or restrictions

8. Development Orders: Included when the land has existing development orders or permissions

Suggested Schedules

1. Property Schedule: Detailed property description including boundaries, easements, and restrictions

2. Title Particulars: Copy of land title details and particulars

3. Payment Schedule: Breakdown of payment terms and installments if applicable

4. Inventory: List of fixtures and fittings included in the sale

5. Existing Encumbrances: Details of any existing charges, liens, or encumbrances

6. Land Use Conditions: Specific conditions and restrictions on land use

7. Required Consents: List of necessary approvals and consent requirements

8. Plan/Map: Certified plan or map of the property

Authors

Alex Denne

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

Relevant legal definitions

























Clauses






























Relevant Industries

Real Estate

Property Development

Construction

Banking & Finance

Agriculture

Industrial

Commercial Property

Residential Property

Infrastructure Development

Land Development

Tourism & Hospitality

Relevant Teams

Legal

Real Estate

Property Management

Compliance

Corporate Secretarial

Land Administration

Contracts Administration

Business Development

Investment

Operations

Relevant Roles

Real Estate Lawyer

Property Manager

Land Administrator

Legal Counsel

Property Developer

Real Estate Agent

Compliance Officer

Title Officer

Land Surveyor

Contract Manager

Real Estate Director

Property Investment Manager

Legal Manager

Company Secretary

Corporate 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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