Land Sales Agreement Template for Malaysia

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Land Sales Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Land Sales Agreement

"I need a Land Sales Agreement for purchasing a 2-acre commercial plot in Penang, Malaysia, with completion scheduled for March 2025; the agreement should include standard warranties and vacant possession provisions."

Document background
The Land Sales Agreement serves as the primary legal instrument for documenting and executing land transfers in Malaysia. This document is essential when any party wishes to sell or purchase land, whether for residential, commercial, or industrial purposes. It must comply with the National Land Code 1965, Contracts Act 1950, and other relevant Malaysian legislation. The agreement typically includes detailed property descriptions, purchase price, payment terms, conditions precedent, warranties, and completion requirements. It's particularly important in Malaysia due to specific legal requirements regarding land ownership, transfer procedures, and restrictions on foreign ownership. The document should be tailored to address unique aspects of Malaysian land law, including requirements for State Authority consent where applicable, Bumiputera quotas, and foreign investment regulations.
Suggested Sections

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

2. Background: Context of the sale and brief description of the transaction

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

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

5. Purchase Price: Agreed purchase price and payment terms including deposit and completion amounts

6. Payment Terms: Detailed payment schedule, method of payment, and consequences of default

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

8. Vendor's Obligations: Responsibilities and warranties of the vendor including title guarantee and property condition

9. Purchaser's Obligations: Responsibilities of the purchaser including payment obligations and due diligence

10. Completion: Completion procedures, timing, and requirements

11. Title and Transfer: Provisions regarding transfer of title and registration procedures

12. Default and Termination: Consequences of default and circumstances for termination

13. Notices: Process and requirements for serving notices under the agreement

14. Governing Law: Confirmation of Malaysian law as governing law and jurisdiction

Optional Sections

1. Foreign Investment Approval: Required when purchaser is a foreign entity, detailing necessary approvals and conditions

2. Development Requirements: Included when the land is subject to development conditions or restrictions

3. Agricultural Conditions: Required when the land is agricultural land with specific conditions or restrictions

4. Existing Tenancies: Included when the property is subject to existing tenancies or occupancy rights

5. Planning Permissions: Required when specific planning permissions are relevant to the sale

6. Environmental Matters: Included when environmental issues or compliance requirements are relevant

7. Native Title Claims: Required for properties in areas where native title claims might exist

8. Subdivision Provisions: Included when the land will be subdivided as part of the transaction

Suggested Schedules

1. Property Schedule: Detailed property description including boundary plans and title particulars

2. Payment Schedule: Detailed breakdown of payment terms and installments

3. Title Documents: Copies of relevant title documents and certificates

4. Encumbrances Schedule: List of existing encumbrances, easements, or restrictions on the land

5. Completion Requirements: Checklist of documents and requirements for completion

6. Vendor's Warranties: Detailed list of warranties given by the vendor

7. Property Condition Report: Current condition of any structures or improvements on the land

8. Required Consents: List of necessary consents and approvals required for the sale

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 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

Construction

Agriculture

Commercial Development

Residential Development

Industrial Development

Hospitality

Retail

Manufacturing

Infrastructure

Energy

Tourism

Relevant Teams

Legal

Real Estate

Property Management

Compliance

Corporate Development

Investment

Operations

Facilities Management

Risk Management

Business Development

Finance

Administration

Relevant Roles

Real Estate Lawyer

Property Manager

Land Officer

Legal Counsel

Compliance Officer

Real Estate Developer

Investment Manager

Property Director

Land Acquisition Manager

Contract Administrator

Real Estate Agent

Development Manager

Corporate Lawyer

Transaction Manager

Property Consultant

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

Find the exact document you need

Apartment Agreement Of Sale

A legal agreement for the sale and purchase of an apartment unit in Malaysia, compliant with Malaysian property and strata title laws.

find out more

Property Sale Contract Form

A Malaysian law-governed contract form for property sale transactions, establishing terms and conditions for transferring property ownership from seller to buyer.

find out more

Private Party Auto Purchase Agreement

A legally-compliant agreement for private vehicle sales between individuals in Malaysia, covering purchase terms and ownership transfer.

find out more

Real Estate Purchase Contract Form

A standardized contract form for real estate purchases in Malaysia, compliant with Malaysian property laws and regulations.

find out more

Land Sales Agreement

A Malaysian law-governed agreement facilitating the legal transfer of land ownership between parties, detailing all sale terms and compliance requirements.

find out more

Conditional Sale And Purchase Agreement

A Malaysian law-governed agreement setting out terms and conditions for a conditional sale and purchase transaction, including payment terms and completion requirements.

find out more

Simple Buyer Seller Agreement

A Malaysian law-governed agreement establishing terms and conditions for the sale and purchase of goods or services between two parties.

find out more

Simple Home Purchase Contract

A Malaysian law-governed agreement for the purchase and sale of residential property, establishing terms and conditions for property transfer.

find out more

Purchase And Sale Agreement Extension Form

A Malaysian law-compliant document that extends the completion date and/or modifies terms of an existing Purchase and Sale Agreement.

find out more

Business Purchase Agreement Contract

A Malaysian law-governed agreement for the purchase and sale of an existing business, including its assets, liabilities, and operational components.

find out more

Agreement Of Purchase And Sale Business In Leased Premises

Malaysian law-governed agreement for the sale and purchase of a business operating from leased premises, including business assets and lease assignment.

find out more

Used Car Sell Agreement

A Malaysian law-governed agreement for the sale and purchase of a used vehicle, including vehicle details, price, warranties, and ownership transfer terms.

find out more

Purchase Contract Form

A Malaysian law-compliant purchase agreement template for commercial transactions, defining terms of sale between buyer and seller.

find out more

Real Estate Simple Letter Of Intent To Sell Property

A preliminary document used in Malaysian property transactions expressing intent to purchase property and outlining basic terms of the proposed sale.

find out more

Agreement Of Purchase And Sale Condominium

A Malaysian law-governed agreement for the sale and purchase of condominium property, detailing terms, conditions, and obligations of the transaction parties.

find out more

Unconditional Sale And Purchase Agreement

A Malaysian law-governed agreement for the unconditional transfer of ownership from seller to buyer, detailing sale terms and conditions.

find out more

Addendum To Purchase Contract

A Malaysian law-governed document that formally modifies specific terms and conditions of an existing purchase contract while maintaining other original terms.

find out more

Used Equipment Sale Agreement

Malaysian law-governed agreement for the sale and purchase of used equipment, including condition, warranties, and transfer terms.

find out more

Real Estate Buy And Sell Agreement

A Malaysian law-governed agreement documenting the sale and purchase of real estate property, including all essential terms and conditions for property transfer.

find out more

Bulk Sales Agreement

Malaysian-law governed agreement for bulk sale and purchase of goods, establishing terms for large-volume commercial transactions.

find out more

Equipment Purchase And Sale Agreement

A Malaysian law-governed agreement for equipment purchase and sale, detailing terms, conditions, and obligations of both buyer and seller.

find out more

Assignment Purchase Agreement

A Malaysian law-governed agreement facilitating the transfer of rights, interests, or property from an Assignor to an Assignee for agreed consideration.

find out more

Deed Of Sale Agreement

A Malaysian law-governed deed that formalizes the transfer of property ownership between parties, detailing sale terms and conditions in accordance with local property laws.

find out more

Installment Purchase Contract

A Malaysian law-governed agreement for the purchase of goods through installment payments, outlining payment terms, ownership rights, and parties' obligations.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.