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Deed Of Sale Form For Lot
"I need a Deed of Sale Form for Lot for a residential property transfer in Selangor, Malaysia, with completion scheduled for March 2025. This is a straightforward sale between individual parties with no encumbrances on the property."
1. Parties: Identification of the Vendor(s) and Purchaser(s) with full names, identification numbers, and addresses
2. Background: Recitals stating the Vendor's ownership, authority to sell, and intention to transfer the property
3. Definitions: Definitions of key terms used throughout the deed including 'Property', 'Purchase Price', 'Completion Date'
4. Sale and Purchase: Core agreement clause stating the Vendor's agreement to sell and the Purchaser's agreement to buy
5. Purchase Price: Statement of the purchase price and payment terms
6. Property Details: Detailed description of the lot including title particulars, lot number, and land area
7. Completion: Terms and conditions for completion of the sale including timing and delivery of documents
8. Vendor's Warranties: Warranties regarding title, encumbrances, and property condition
9. Registration and Transfer: Provisions regarding the registration of the transfer at the land office
10. Costs and Stamp Duty: Allocation of legal costs, stamp duty, and registration fees
11. Execution: Formal execution clause and attestation requirements
1. Conditions Precedent: Used when the sale is subject to specific conditions being met before completion
2. Development Conditions: Required when the lot is subject to development or building restrictions
3. Bank's Consent: Included when the property is subject to an existing charge requiring bank's discharge
4. Joint Venture Terms: Used when the sale involves development or joint venture arrangements
5. Special Conditions: For unique requirements specific to the particular transaction
6. Indigenous Rights: Required when dealing with native land or lots subject to indigenous rights
7. Environmental Warranties: Used when environmental concerns or restrictions apply to the lot
1. Schedule 1 - Property Description: Detailed technical description of the lot including boundaries, measurements, and title particulars
2. Schedule 2 - Purchase Price Payment Terms: Breakdown of payment schedule and method of payment
3. Schedule 3 - Title Documents: List of title documents and other relevant property documents
4. Schedule 4 - Existing Encumbrances: Details of any existing charges, caveats, or restrictions on the title
5. Appendix A - Site Plan: Certified plan showing the lot boundaries and location
6. Appendix B - Special Conditions: Detailed special conditions or restrictions affecting the property
7. Appendix C - Required Consents: Copies of necessary consents from authorities or third parties
Authors
Real Estate
Property Development
Construction
Agriculture
Industrial Development
Commercial Property
Residential Property
Banking and Finance
Legal Services
Land Development
Legal
Real Estate
Property Management
Compliance
Land Administration
Corporate Secretarial
Finance
Operations
Business Development
Risk Management
Property Lawyer
Real Estate Agent
Property Developer
Land Officer
Company Director
Legal Counsel
Conveyancing Executive
Property Manager
Land Surveyor
Compliance Officer
Real Estate Investment Manager
Title Insurance Officer
Property Acquisition Manager
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