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Deed Of Sale Of Land Template for Malaysia

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Key Requirements PROMPT example:

Deed Of Sale Of Land

"I need a Deed of Sale of Land for a residential property transfer in Selangor, Malaysia, where I'm selling my freehold landed property to an individual buyer, with completion scheduled for March 2025."

Document background
The Deed of Sale of Land is a fundamental legal instrument in Malaysian property transactions, essential for documenting and effecting the transfer of land ownership. This document is required whenever there is a sale and purchase of land in Malaysia, whether for residential, commercial, or industrial purposes. It must comply with the National Land Code 1965 and other relevant Malaysian legislation, including requirements for execution as a deed. The document contains crucial information about the property, parties involved, purchase price, payment terms, warranties, and conditions of sale. It serves as the basis for the registration of the transfer at the Land Office and provides legal protection for both vendor and purchaser. The deed's format and content are significantly influenced by Malaysian property law and practice, making it distinctly different from similar documents in other jurisdictions.
Suggested Sections

1. Parties: Identifies and provides full details of the Vendor and Purchaser, including names, identification numbers, and addresses

2. Background: Recites the ownership status of the property and the parties' intention to enter into the sale and purchase transaction

3. Definitions: Defines key terms used throughout the deed including 'Property', 'Purchase Price', 'Completion Date', and other relevant terms

4. Agreement to Sell and Purchase: The core provision where the Vendor agrees to sell and the Purchaser agrees to buy the Property at the specified price

5. Purchase Price: States the agreed purchase price and payment terms, including deposit and balance payment arrangements

6. Property Details: Detailed description of the property being sold, including title particulars and reference to the detailed description in Schedule 1

7. Conditions Precedent: Lists any conditions that must be fulfilled before the sale becomes unconditional

8. Completion: Details the completion process, including timing, documentation requirements, and handover procedures

9. Vendor's Warranties: The Vendor's representations and warranties regarding the property's title, condition, and encumbrances

10. Purchaser's Warranties: The Purchaser's representations and warranties regarding capacity to purchase and funding

11. Title and Registration: Provisions relating to the transfer of title and registration requirements under the National Land Code

12. Costs and Stamp Duty: Allocation of responsibility for legal costs, stamp duty, and registration fees

13. Notices: Procedures for serving notices between parties

14. Governing Law: Confirms Malaysian law as the governing law and jurisdiction

Optional Sections

1. Existing Tenancies: Required when the property is subject to existing tenancies or occupancy rights

2. Property Tax Adjustments: Used when there need to be adjustments for property taxes paid in advance or in arrears

3. Development Orders: Needed when the property is subject to specific development orders or restrictions

4. Condition of Property: Detailed provisions about the property's physical condition, usually included for older properties

5. Environmental Matters: Required when there are environmental considerations or compliance requirements

6. Planning Permissions: Needed when the property requires specific planning permissions or has development potential

7. Service Agreements: Required when there are ongoing service contracts that need to be addressed

8. Islamic Finance Provisions: Required when the purchase involves Islamic financing arrangements

Suggested Schedules

1. Schedule 1 - Property Description: Detailed legal description of the property including lot number, title details, and area

2. Schedule 2 - Purchase Price Payment Terms: Detailed breakdown of payment schedule and method of payment

3. Schedule 3 - Title Particulars: Copy of title particulars and any relevant land office extracts

4. Schedule 4 - Existing Encumbrances: List of any existing charges, liens, or encumbrances affecting the property

5. Schedule 5 - Completion Documents: List of documents required for completion

6. Appendix A - Property Plans: Plans showing the property boundaries and location

7. Appendix B - Special Conditions: Any special conditions or requirements specific to the transaction

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

Banking and Finance

Legal Services

Construction

Agriculture (for agricultural land)

Industrial

Commercial Property

Residential Property

Infrastructure Development

Relevant Teams

Legal

Real Estate

Compliance

Property Management

Corporate Affairs

Land Administration

Conveyancing

Risk Management

Business Development

Asset Management

Relevant Roles

Property Lawyer

Real Estate Agent

Property Developer

Land Administrator

Corporate Lawyer

Conveyancing Executive

Property Manager

Legal Director

Compliance Officer

Land Surveyor

Real Estate Investment Manager

Property Acquisition Manager

Title Search Officer

Legal Partner

Real Estate Transaction Manager

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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