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One To Four Family Residential Contract Template for Malaysia

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Key Requirements PROMPT example:

One To Four Family Residential Contract

"I need a One To Four Family Residential Contract for the sale of my double-story terrace house in Petaling Jaya, Malaysia, with completion planned for March 2025; the property includes an existing tenant whose lease expires in June 2025."

Document background
The One To Four Family Residential Contract is a standardized legal instrument used in Malaysia for residential property transactions involving properties with up to four family units. This document is essential for ensuring compliance with Malaysian property laws, including the Housing Development (Control and Licensing) Act 1966, National Land Code 1965, and other relevant legislation. It is typically used in transactions between private sellers and buyers, as well as in developer sales of new properties. The contract incorporates mandatory provisions required by Malaysian law while providing flexibility to address various scenarios such as strata properties, existing tenancies, or developer-sold properties. It includes comprehensive sections covering property details, payment terms, obligations of parties, and completion requirements, making it suitable for both straightforward single-family home sales and more complex multi-unit residential property transactions.
Suggested Sections

1. Parties: Identification of the seller(s) and purchaser(s) with full legal names and identification details

2. Background: Context of the transaction, including brief property description and intention to sell/purchase

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

4. Property Details: Comprehensive description of the property including lot number, title details, and built-up area

5. Purchase Price: Agreed purchase price and payment schedule including deposit and completion payments

6. Payment Terms: Detailed payment mechanisms, timelines, and conditions for each payment

7. Completion: Requirements and procedures for completing the sale, including documentation and timing

8. Seller's Obligations: Seller's commitments including property delivery, documentation, and warranties

9. Purchaser's Obligations: Purchaser's commitments including payment obligations and compliance requirements

10. Property Condition: Statement of property condition and any agreed repairs or modifications

11. Title and Transfer: Requirements for clean title transfer and registration procedures

12. Default Provisions: Consequences and remedies for default by either party

13. Termination: Circumstances and procedures for contract termination

14. Notices: Methods and addresses for formal communications between parties

15. Governing Law: Specification of Malaysian law as governing law and jurisdiction

16. Execution: Signature blocks and execution requirements

Optional Sections

1. Strata Title Provisions: Required when property is under strata title, including maintenance fees and sinking fund obligations

2. Existing Tenancies: Required when property has existing tenants, detailing handover of tenancy agreements and deposits

3. Renovation Works: Include when there are agreed renovation works to be completed before completion

4. Property Management: Required for properties in managed communities, detailing management fees and obligations

5. Furniture and Fittings: Include when sale includes specific furniture or fittings

6. Progressive Payment Schedule: Required for under-construction properties with stage payments

7. Bank Financing: Include when purchase is contingent on successful bank financing

8. Vacant Possession: Required when specific timing of vacant possession is crucial to the agreement

Suggested Schedules

1. Schedule 1 - Property Details: Detailed property specifications including lot number, title details, and floor plans

2. Schedule 2 - Payment Schedule: Detailed breakdown of payment amounts and due dates

3. Schedule 3 - Inventory List: List of included furniture, fittings, and appliances if applicable

4. Schedule 4 - Title Particulars: Complete details of the property title and any encumbrances

5. Schedule 5 - Special Conditions: Any special terms or conditions agreed between parties

6. Appendix A - Property Photos: Current photographs of the property's condition

7. Appendix B - Floor Plans: Detailed floor plans and measuring plans

8. Appendix C - Land Office Documents: Copies of relevant land office documentation

9. Appendix D - Strata Title Documents: Copies of strata title and management documents if applicable

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

Residential Property

Legal Services

Banking and Finance

Property Development

Property Management

Construction

Insurance

Relevant Teams

Legal

Real Estate

Property Development

Sales

Compliance

Documentation

Conveyancing

Finance

Property Management

Customer Relations

Risk Management

Relevant Roles

Real Estate Agent

Property Lawyer

Conveyancing Executive

Bank Manager

Mortgage Officer

Property Developer

Property Valuer

Legal Associate

Property Manager

Sales Director

Compliance Officer

Title Insurance Officer

Housing Development Officer

Real Estate Transaction Coordinator

Property Documentation Specialist

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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