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Land Sale Deed Template for Malaysia

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Key Requirements PROMPT example:

Land Sale Deed

"I need a Land Sale Deed for the purchase of a 2-acre industrial property in Selangor, Malaysia, with completion scheduled for March 2025, including specific provisions for existing factory buildings and environmental compliance requirements."

Document background
The Land Sale Deed is a fundamental legal instrument in Malaysian property transactions, essential for documenting and executing the transfer of land ownership. This document is required whenever there is a sale and purchase of land in Malaysia, whether between individuals, companies, or other entities. The deed must comply with the National Land Code 1965 and other relevant Malaysian legislation, including state-specific requirements where applicable. It contains comprehensive details about the property, parties involved, purchase price, payment terms, warranties, and conditions of sale. The Land Sale Deed also serves as the basis for stamp duty assessment and the registration of the transfer at the Land Office. Its proper execution is crucial for ensuring legal title transfer and protecting both parties' interests in the transaction.
Suggested Sections

1. Parties: Identification of the Vendor and Purchaser with full legal names, identification numbers, and addresses

2. Background: Recitals establishing the Vendor's ownership, authority to sell, and Purchaser's intention to buy

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

4. Property Details: Comprehensive description of the land including title details, lot number, area, and location

5. Sale and Purchase: Core agreement for the sale and purchase, including purchase price and payment terms

6. Conditions Precedent: Conditions that must be fulfilled before completion of the sale

7. Vendor's Representations and Warranties: Warranties regarding title, encumbrances, and property condition

8. Completion: Procedures and requirements for completing the transfer

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

10. Costs and Stamp Duty: Allocation of transaction costs and stamp duty obligations

11. Notices: Process for serving notices between parties

12. Governing Law: Confirmation of Malaysian law as governing law

13. Execution: Formal execution block for signing by parties

Optional Sections

1. Foreign Investment Approval: Required when purchaser is a foreign entity, detailing compliance with foreign ownership restrictions

2. Development Orders: Included when the land has existing development orders or planning permissions

3. Tenancies: Required when the property is subject to existing tenancies

4. Agricultural Conditions: Necessary when the land is subject to agricultural conditions or restrictions

5. Native Land Requirements: Required for land in states with native land restrictions

6. Strata Provisions: Included for sale of subdivided buildings or parcels

7. Environmental Warranties: Added when environmental issues are relevant to the property

8. Planning Restrictions: Required when specific planning or zoning restrictions affect the property

Suggested Schedules

1. Property Schedule: Detailed property information including title particulars, boundary plan, and area

2. Payment Schedule: Breakdown of payment terms and installments

3. Title Conditions: List of existing conditions and restrictions on the land title

4. Encumbrances Schedule: Details of any existing charges, liens, or encumbrances

5. Inventory: List of fixtures and fittings included in the sale

6. Required Approvals: List of regulatory approvals required for the transfer

7. Outstanding Payments: Schedule of outstanding payments such as quit rent and assessments

8. Property Documents: List of title and other property documents to be handed over on completion

Authors

Alex Denne

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

Relevant legal definitions


























Clauses


























Relevant Industries

Real Estate

Property Development

Construction

Agriculture (for agricultural land)

Industrial

Commercial Property

Residential Property

Hospitality

Retail

Manufacturing

Logistics

Urban Development

Relevant Teams

Legal

Real Estate

Compliance

Property Management

Corporate Secretarial

Finance

Risk Management

Business Development

Investment

Operations

Relevant Roles

Real Estate Lawyer

Property Manager

Land Administrator

Legal Counsel

Company Secretary

Real Estate Agent

Property Developer

Compliance Officer

Title Officer

Conveyancing Executive

Real Estate Investment Manager

Land Surveyor

Property Valuer

Due Diligence Officer

Transaction Manager

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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