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The Contract To Sell Property is a crucial legal document used in Malaysian property transactions when transferring ownership of real estate from one party to another. This document is essential for both residential and commercial property transactions in Malaysia, ensuring compliance with local property laws including the National Land Code 1965 and the Contracts Act 1950. It contains detailed provisions regarding the property description, purchase price, payment terms, conditions precedent, warranties, and completion requirements. The contract serves as the primary agreement between parties and forms the basis for the subsequent transfer of title, making it a fundamental document in Malaysian property transactions. It's designed to protect both the vendor's and purchaser's interests while ensuring a smooth and legally compliant property transfer process.

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

2. Background: Context of the sale, brief description of the property, and confirmation of Vendor's ownership and right to sell

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

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

5. Purchase Price: Agreed purchase price and payment terms including deposit, progressive payments if any, and completion payment

6. Conditions Precedent: Any conditions that must be fulfilled before the contract becomes fully effective

7. Vendor's Obligations: Vendor's responsibilities including providing good title, vacant possession, and necessary documentation

8. Purchaser's Obligations: Purchaser's responsibilities including payment obligations and due diligence requirements

9. Completion: Process and requirements for completing the sale, including timing and documentation

10. Title and Transfer: Provisions regarding the transfer of title and registration process

11. Representations and Warranties: Standard warranties about the property's condition, ownership, and encumbrances

12. Default and Termination: Consequences of default by either party and termination provisions

13. Notices: How formal notices between parties should be given and received

14. Governing Law: Confirmation that Malaysian law governs the agreement and jurisdiction details