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Deed Of Absolute Sale Portion Of Land Template for Malaysia

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Key Requirements PROMPT example:

Deed Of Absolute Sale Portion Of Land

"I need a Deed of Absolute Sale Portion of Land for selling 2.5 acres of my 10-acre commercial property in Selangor, Malaysia to ABC Corporation Sdn Bhd, with completion scheduled for March 15, 2025."

Document background
The Deed of Absolute Sale Portion of Land is a crucial document in Malaysian property transactions when selling part of a larger land parcel. It is commonly used in development projects, property subdivisions, or when landowners wish to sell only a portion of their property. The document must comply with Malaysian land law, particularly the National Land Code 1965, and requires careful preparation to ensure all legal requirements are met. This includes accurate property descriptions, proper execution as a deed, and registration with land authorities. The document typically requires prior subdivision approval and often involves technical input from licensed surveyors. It's essential for both commercial and residential property transactions and must address specific requirements for land subdivision under Malaysian state and federal laws.
Suggested Sections

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

2. Background: Recitals establishing the Vendor's ownership, intent to sell, and Purchaser's intent to buy the specified portion of land

3. Definitions: Defines key terms used throughout the deed, including Property, Purchase Price, Completion Date, etc.

4. Sale and Purchase: Core provision stating the absolute sale and transfer of the portion of land from Vendor to Purchaser

5. Purchase Price: Specifies the agreed purchase price and payment terms

6. Property Description: Detailed description of the portion of land being sold, including boundaries and measurements

7. Vendor's Warranties: Warranties regarding title, encumbrances, and authority to sell

8. Completion: Requirements and procedures for completing the sale, including documentation and registration

9. Title and Registration: Provisions regarding transfer of title and registration requirements under the National Land Code

10. Costs and Expenses: Allocation of costs including stamp duty, registration fees, and other expenses

11. Execution: Formal execution clause meeting requirements for deeds under Malaysian law

Optional Sections

1. Conditions Precedent: Used when there are specific conditions that must be met before completion, such as subdivision approval

2. Existing Tenancies: Required if there are existing tenants or occupiers of the portion of land

3. Planning and Development: Included when there are specific planning permissions or development conditions affecting the land

4. Environmental Matters: Required if there are environmental considerations or restrictions on the land

5. Access Rights: Needed when specifying rights of way or access arrangements for the subdivided land

6. Utilities and Services: Used when specific arrangements for utilities need to be documented

7. Tax Indemnities: Included when specific tax arrangements or indemnities are required

Suggested Schedules

1. Property Schedule: Detailed technical description of the portion of land, including lot number, title details, and exact measurements

2. Site Plan: Survey plan showing the portion of land being sold, boundaries, and access points

3. Payment Schedule: If payment is to be made in installments, details the payment structure and timing

4. Encumbrances Schedule: List of any existing encumbrances, easements, or restrictions affecting the land

5. Completion Requirements: Checklist of documents and requirements for completion

6. Form 14A: Statutory form for transfer of land under the National Land Code

7. Vendor's Title Documents: Copies of relevant title documents and previous transfers

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions





























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Relevant Industries

Real Estate

Property Development

Construction

Agriculture

Industrial Development

Commercial Property

Residential Property

Banking and Finance

Infrastructure Development

Investment and Asset Management

Relevant Teams

Legal

Real Estate

Property Management

Compliance

Development

Investment

Asset Management

Project Management

Operations

Finance

Relevant Roles

Legal Counsel

Property Manager

Real Estate Developer

Land Surveyor

Property Valuer

Conveyancing Lawyer

Real Estate Agent

Development Manager

Asset Manager

Compliance Officer

Property Administrator

Land Administrator

Project Manager

Investment 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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