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Agreement To Sell Real Estate Form
"I need an Agreement to Sell Real Estate Form for a residential property in Kuala Lumpur, with completion scheduled for March 2025, including provisions for the property to be sold with existing furniture and requiring the seller to complete specific repairs before handover."
1. Parties: Identifies and provides full details of the Vendor(s) and Purchaser(s), including names, identification numbers, and addresses
2. Background: Establishes the context of the sale, confirming the Vendor's ownership and authority to sell, and the Purchaser's intention to buy
3. Definitions: Defines key terms used throughout the agreement for clarity and legal certainty
4. Property Details: Comprehensive description of the property including title details, lot number, address, and land area
5. Purchase Price: States the agreed purchase price and payment structure, including deposit and balance payment terms
6. Payment Terms: Details the payment schedule, method of payment, and consequences of late payment
7. Conditions Precedent: Specifies conditions that must be fulfilled before the agreement becomes fully effective
8. Completion: Sets out the completion date, delivery of vacant possession, and completion procedures
9. Vendor's Warranties: Lists the Vendor's warranties regarding property title, encumbrances, and condition
10. Purchaser's Warranties: Contains the Purchaser's warranties regarding financial capacity and compliance with relevant laws
11. Default Provisions: Specifies remedies and consequences in case of default by either party
12. Notices: Specifies how formal notices should be given between parties
13. Governing Law: Confirms Malaysian law as governing law and jurisdiction for disputes
1. Existing Tenancies: Required when the property is subject to ongoing tenancies that will continue post-sale
2. Foreign Investment Approval: Needed when the purchaser is a foreign national or entity
3. Property Condition and Renovation: Used when specific agreements exist regarding property condition or permitted renovations
4. Strata Title Provisions: Required for apartments or condominiums under strata title
5. Bank Financing: Include when purchase is contingent on obtaining bank financing
6. Property Management: Needed for properties within managed developments with ongoing maintenance fees
7. GST/Tax Provisions: Required when specific tax arrangements need to be documented
8. Developer's Consent: Needed for properties still under developer's restriction period
1. Property Schedule: Detailed property description including boundaries, fixtures, and fittings
2. Payment Schedule: Detailed breakdown of payment terms, amounts, and due dates
3. Title Documents: Copies of relevant title documents and land searches
4. Inventory List: List of fixtures, fittings, and furniture included in the sale
5. Existing Tenancy Documents: Copies of current tenancy agreements if applicable
6. Property Condition Report: Detailed report on property condition at time of agreement
7. Required Consents: Copies of relevant consents from authorities or third parties
8. Outstanding Charges: Details of any outstanding charges, fees, or assessments
Authors
Property
Purchase Price
Completion Date
Deposit
Title
Land Office
Transfer Document
Vendor
Purchaser
Identity Card
Encumbrance
Completion Notice
Vacant Possession
Balance Purchase Price
Business Day
Certificate of Fitness
Strata Title
Quit Rent
Assessment
Land Revenue
Sale and Purchase Agreement
Legal Charge
Title Deed
Property Tax
Valuation Report
Bank
Stamp Duty
Registration Fee
Defect
Notice
Outgoings
Prescribed Rate
Default Interest
Caveat
Property Description
Purchase Price
Payment Terms
Conditions Precedent
Completion
Title and Ownership
Representations and Warranties
Default
Termination
Property Condition
Vacant Possession
Encumbrances
Registration
Stamp Duty
Assignment
Force Majeure
Notices
Governing Law
Dispute Resolution
Costs and Expenses
Indemnification
Severability
Entire Agreement
Property Maintenance
Insurance
Time of Essence
Further Assurance
Real Estate
Property Development
Banking and Finance
Legal Services
Construction
Property Management
Investment
Housing Development
Commercial Property
Residential Property
Legal
Real Estate
Property Management
Sales
Compliance
Finance
Operations
Business Development
Investment
Risk Management
Real Estate Agent
Property Lawyer
Conveyancing Executive
Property Manager
Bank Manager
Legal Counsel
Property Developer
Investment Manager
Real Estate Director
Compliance Officer
Property Valuer
Sales Manager
Contract Administrator
Transaction Manager
Land Administrator
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