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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."
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
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
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
Real Estate
Property Development
Construction
Agriculture
Industrial Development
Commercial Property
Residential Property
Banking and Finance
Infrastructure Development
Investment and Asset Management
Legal
Real Estate
Property Management
Compliance
Development
Investment
Asset Management
Project Management
Operations
Finance
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
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