Document background
The As Is Home Purchase Agreement is specifically designed for property transactions in Malaysia where the buyer agrees to purchase the property in its existing condition, without requiring the seller to make repairs or improvements. This document is particularly useful for transactions involving older properties, distressed sales, or situations where the seller wishes to limit their post-sale obligations. The agreement complies with Malaysian property law requirements, including the National Land Code 1965 and state-specific regulations, while clearly documenting the property's condition and limiting seller warranties. It includes detailed provisions for property inspection, explicit acknowledgments of the property's condition, and clear documentation of any known defects or issues.
