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The Agreement For Sale And Sale Deed is a fundamental document in Malaysian property transactions, essential for both residential and commercial property transfers. This document type is specifically designed to comply with Malaysian legal requirements, combining the features of a sale and purchase agreement with a formal deed of sale. It is used when transferring property ownership in Malaysia, whether for residential, commercial, or industrial properties. The document must conform to the National Land Code 1965, Contracts Act 1950, and other relevant Malaysian legislation. It includes crucial elements such as property details, payment terms, conditions precedent, warranties, and completion requirements. The document is particularly important as it serves both as the initial agreement between parties and the final instrument of transfer, making it a crucial tool in Malaysian property transactions.

1. Parties: Identification of the Vendor and Purchaser with full names, identification numbers, and addresses as required under Malaysian law

2. Background: Recitals explaining the ownership of the property and the intention to sell/purchase

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

4. Property Details: Comprehensive description of the property including title details, lot number, and address as per National Land Code requirements

5. Purchase Price: Agreed purchase price and payment terms including deposit and balance payment schedule

6. Conditions Precedent: Essential conditions that must be fulfilled before completion

7. Vendor's Obligations: Obligations of the seller including providing good title and vacant possession

8. Purchaser's Obligations: Obligations of the buyer including payment terms and due diligence responsibilities

9. Completion: Details of the completion process, timing, and requirements

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

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

12. Default and Termination: Consequences of default and termination rights

13. Costs and Stamp Duty: Allocation of legal costs, stamp duty, and other expenses

14. Notices: Process for serving notices between parties

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

16. Execution: Signing and witnessing requirements