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Authorization Letter To Sell for Malaysia

Authorization Letter To Sell Template for Malaysia

A formal document governed by Malaysian law that grants specific authority to an appointed representative to sell property, goods, or assets on behalf of the authorizer. This legal instrument clearly defines the scope of selling authority, including any limitations on price, terms, and duration of the authorization. The document must comply with Malaysian legal requirements, including proper execution before witnesses and, where necessary, authentication by a Commissioner for Oaths. It serves as evidence of the representative's authority to conduct sales transactions and can be used for various types of assets, from real estate to personal property.

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Authorization Letter To Sell

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What is a Authorization Letter To Sell?

The Authorization Letter To Sell is a crucial legal instrument in Malaysian business and personal transactions, designed to facilitate the delegation of selling authority from one party to another. This document becomes necessary when property owners, businesses, or individuals need to authorize a representative to conduct sales transactions on their behalf, whether due to physical absence, business efficiency, or specialized expertise requirements. The letter must comply with Malaysian legal frameworks, particularly the Contracts Act 1950 and, where applicable, the Powers of Attorney Act 1949. It typically includes detailed information about both parties, specific descriptions of the assets to be sold, price parameters, duration of authority, and any conditions or limitations on the authorization. The document requires proper execution, often including witness signatures and possibly authentication by a Commissioner for Oaths to ensure legal validity.

What sections should be included in a Authorization Letter To Sell?

1. Date: Current date of the authorization letter

2. Authorizer's Details: Full name, NRIC/Passport number, and contact details of the person granting authorization

3. Authorized Party's Details: Full name, NRIC/Passport number, and contact details of the person being authorized to sell

4. Subject Matter: Clear description of what is being authorized for sale (property, goods, etc.) including specific details and identifying information

5. Scope of Authority: Specific powers being granted, including price parameters, negotiation limits, and terms of sale

6. Duration: Validity period of the authorization, including start and end dates

7. Declaration: Statement confirming the authorizer's consent and capacity to grant this authority

8. Signature Block: Space for authorizer's signature, witness signatures, and dates

What sections are optional to include in a Authorization Letter To Sell?

1. Special Conditions: Any specific conditions or restrictions on the authorization, used when there are particular requirements for the sale

2. Consideration: Details of any payment or commission to be made to the authorized party, included when there is a financial arrangement

3. Revocation Clause: Terms under which the authorization can be revoked, included when the authorizer wants specific termination rights

4. Governing Law Statement: Explicit statement about Malaysian law governing the authorization, included for added legal clarity

5. Language Declaration: Statement about the prevailing language version if multiple languages are used, included for international transactions

What schedules should be included in a Authorization Letter To Sell?

1. Description Schedule: Detailed description of the item(s) to be sold, including specifications, conditions, and any relevant documentation

2. Identification Documents: Copies of NRIC/Passport of both parties as appendices

3. Property Documents: If selling property, relevant title deeds or property documentation

4. Photographs: Visual documentation of items to be sold, if applicable

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Malaysia

Publisher

Ƶ

Sector

Banking

Cost

Free to use
Relevant legal definitions














Clauses














Relevant Industries

Real Estate

Retail

Automotive

Manufacturing

Agriculture

Fine Art and Antiquities

Consumer Goods

Industrial Equipment

Property Development

Import/Export

Commodities Trading

Relevant Teams

Legal

Sales

Operations

Corporate Services

Administration

Business Development

Property Management

Asset Management

Compliance

Real Estate

Relevant Roles

Sales Manager

Property Agent

Business Owner

Legal Counsel

Corporate Secretary

Asset Manager

Estate Agent

Business Development Manager

Property Manager

Operations Director

Managing Director

Procurement Officer

Commercial Director

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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