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The Apartment Development Agreement is a crucial document in Malaysian property development that establishes the legal and practical framework for constructing apartment complexes. Used when a developer undertakes to construct multi-unit residential buildings, this agreement is essential for compliance with Malaysian housing development laws, including the Housing Development (Control and Licensing) Act 1966, Strata Management Act 2013, and various building and planning regulations. The document typically comes into play at the project initiation phase, after initial feasibility studies but before construction begins. It addresses key aspects such as development rights, construction specifications, timelines, financial arrangements, and regulatory compliance requirements. This agreement is particularly important in Malaysia's rapidly growing urban areas where apartment developments are increasingly common and require careful regulatory oversight.

1. Parties: Identification of the Developer and Landowner (if different), including registration details and registered addresses

2. Background: Context of the development, including description of the land, development concept, and basic commercial terms

3. Definitions: Detailed definitions of terms used throughout the agreement, including Project, Development, Common Property, Units, etc.

4. Developer's Rights and Obligations: Comprehensive listing of developer's responsibilities, including construction, obtaining approvals, and marketing

5. Development Requirements: Specific requirements for the development including specifications, standards, and compliance with laws

6. Project Timeline: Construction milestones, completion dates, and extension provisions

7. Financial Terms: Payment terms, development costs, profit sharing arrangements, and financial obligations

8. Approvals and Compliance: Requirements for obtaining necessary permits, licenses, and compliance with regulations

9. Quality and Standards: Construction standards, materials specifications, and quality control requirements

10. Representations and Warranties: Standard warranties regarding capacity, authority, and title

11. Risk and Insurance: Allocation of risks and required insurance coverage

12. Default and Termination: Events of default, remedies, and termination provisions

13. Dispute Resolution: Procedures for handling disputes, including mediation and arbitration provisions

14. General Provisions: Standard boilerplate clauses including notices, assignments, and amendments