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Deed Of Absolute Sale With Special Power Of Attorney

Deed Of Absolute Sale With Special Power Of Attorney Template for Malaysia

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Key Requirements PROMPT example:

Deed Of Absolute Sale With Special Power Of Attorney

"I need a Deed of Absolute Sale with Special Power of Attorney for a residential property sale in Kuala Lumpur, with a purchase price of RM 850,000 to be paid in three installments, with the final payment due March 15, 2025."

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Document background
The Deed of Absolute Sale With Special Power of Attorney is a specialized legal instrument used in Malaysian property transactions where a complete transfer of property ownership is required along with the delegation of specific powers to the purchaser. This document type is particularly useful in situations where the purchaser needs immediate authority to handle various aspects of the property even before the full registration process is completed. It combines the elements of a standard property sale deed with a special power of attorney, making it especially valuable in complex property transactions or when the seller may be unavailable for future property-related matters. The document must comply with Malaysian property law, including the National Land Code 1965 and the Powers of Attorney Act 1949, and typically requires proper execution before a Commissioner for Oaths or Notary Public.
Suggested Sections

1. Parties: Identification of the Vendor/Seller and Purchaser/Buyer with complete details including NRIC numbers

2. Background: Recitals explaining the ownership of the property and intention to sell

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

4. Property Details: Comprehensive description of the property including title details, lot number, and exact measurements

5. Consideration: Purchase price and payment terms

6. Vendor's Warranties: Warranties regarding ownership, encumbrances, and right to sell

7. Special Power of Attorney: Grant of power of attorney to the Purchaser for specific purposes

8. Scope of Authority: Detailed powers granted under the Special Power of Attorney

9. Completion: Procedures for completing the sale and transfer

10. Representations and Warranties: General representations and warranties from both parties

11. Costs and Expenses: Allocation of legal fees, stamp duty, and registration costs

12. Governing Law: Specification of Malaysian law as governing law

13. Execution: Formal execution blocks for parties and witnesses

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. GST Provisions: Needed if the transaction is subject to Goods and Services Tax

4. Bank Consent: Required if the property has an existing charge or mortgage

5. Vendor's Renovation Works: Used when there are ongoing or promised renovation works

6. Special Conditions: For any unique terms specific to the transaction

7. Revocation of Power of Attorney: Specific conditions under which the power of attorney may be revoked

8. Joint Owners Provisions: Required when the property has multiple owners

Suggested Schedules

1. Property Schedule: Detailed property description including boundaries and measurements

2. Title Particulars: Complete details from the land title

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

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

5. Powers Granted: Comprehensive list of powers granted under the Special Power of Attorney

6. Existing Encumbrances: Details of any existing charges, caveats, or other encumbrances

7. Form of Transfer: Prescribed form for transfer of land under the National Land Code

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions
































Clauses






























Relevant Industries

Real Estate

Property Development

Banking and Finance

Legal Services

Construction

Commercial Property

Residential Property

Investment and Asset Management

Property Management

Urban Development

Relevant Teams

Legal

Real Estate

Compliance

Property Management

Corporate Affairs

Risk Management

Asset Management

Investment

Operations

Documentation

Relevant Roles

Legal Counsel

Property Manager

Real Estate Agent

Property Developer

Corporate Lawyer

Conveyancing Lawyer

Land Registry Officer

Property Investment Manager

Asset Manager

Compliance Officer

Real Estate Transaction Manager

Property Acquisition Specialist

Legal Director

Real Estate Partner

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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