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The Conveyance Agreement is a crucial legal instrument in Malaysian property transactions, used whenever there is a transfer of real property ownership. This document is essential under Malaysian law and must comply with the National Land Code 1965 and other relevant legislation. It is typically used in both residential and commercial property transactions, containing detailed provisions about the property being transferred, parties involved, purchase price, payment terms, and completion requirements. The agreement serves as the primary document evidencing the transfer of property rights and obligations between parties, and it forms the basis for subsequent registration of the transfer with the relevant Land Office. The document must be properly stamped and registered according to Malaysian legal requirements to ensure its validity and enforceability.

1. Parties: Identifies and provides full details of the transferor (vendor) and transferee (purchaser), including names, registration/identification numbers, and addresses

2. Background: Recites the ownership of the property, the intention to transfer, and any relevant prior agreements or circumstances leading to the conveyance

3. Definitions: Defines key terms used throughout the agreement, including property-specific terminology and legal concepts

4. Agreement to Transfer: Core clause establishing the vendor's agreement to transfer and the purchaser's agreement to accept the property

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

6. Property Details: Describes the property being transferred, including title details, location, and boundaries

7. Conditions Precedent: Lists conditions that must be fulfilled before completion can occur

8. Vendor's Warranties: Sets out the vendor's representations and warranties regarding the property

9. Completion: Details the completion process, including timing, location, and documents to be delivered

10. Post-Completion Matters: Addresses actions required after completion, including registration of transfer

11. Costs and Stamp Duty: Allocates responsibility for legal costs, stamp duty, and other expenses

12. Notices: Specifies how formal notices under the agreement should be given

13. Governing Law: Confirms Malaysian law as governing law and jurisdiction