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The Real Estate Development Contract serves as the primary agreement between developers, landowners, and other stakeholders in property development projects within Malaysia. This document is essential for projects falling under the Housing Development (Control and Licensing) Act 1966 and must comply with various Malaysian regulations including the National Land Code 1965, environmental regulations, and local authority requirements. It outlines development rights, construction specifications, timelines, payment terms, and quality standards while addressing both conventional and Shariah-compliant development structures. The contract is particularly crucial for managing complex development projects, establishing clear responsibilities, and ensuring regulatory compliance in Malaysia's unique legal environment.

1. Parties: Identification of the developer and landowner/client, including registration details and addresses

2. Background: Context of the development project, including property details and development objectives

3. Definitions: Detailed definitions of terms used throughout the contract

4. Project Scope: Detailed description of the development project, including specifications and deliverables

5. Development Timeline: Project schedule, milestones, and completion dates

6. Development Approvals: Requirements for obtaining necessary permits, licenses, and regulatory approvals

7. Contract Sum and Payment Terms: Pricing, payment schedule, and financial terms

8. Developer's Obligations: Comprehensive list of developer's responsibilities and commitments

9. Client's Obligations: Responsibilities and obligations of the landowner/client

10. Quality Standards: Construction and development quality requirements and applicable standards

11. Variations: Procedures for handling changes to scope or specifications

12. Defects Liability: Terms regarding defects identification and rectification

13. Insurance and Securities: Required insurance coverage and performance securities

14. Force Majeure: Provisions for unforeseen circumstances and their handling

15. Termination: Grounds and procedures for contract termination

16. Dispute Resolution: Procedures for handling disputes and jurisdiction

17. General Provisions: Standard boilerplate clauses including notices, assignment, and amendments