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Offer Purchase Contract
"I need a Purchase Offer Contract under Malaysian law for acquiring a commercial property in Kuala Lumpur's central business district, with a completion date of March 15, 2025, including specific conditions about tenant rights and building inspection requirements."
1. Parties: Identifies and provides full details of the offering party (purchaser) and the party to whom the offer is made (seller)
2. Background: Sets out the context of the purchase offer and brief description of the subject matter
3. Definitions: Defines key terms used throughout the document for clarity and consistency
4. Subject Matter of Offer: Detailed description of the goods or property being offered to purchase
5. Purchase Price: Specifies the offered purchase price and any pricing conditions
6. Payment Terms: Details of how and when payment will be made, including any deposits or installments
7. Conditions Precedent: Conditions that must be satisfied before the offer becomes binding
8. Due Diligence: Terms regarding the buyer's right to inspect and verify the condition of the subject matter
9. Offer Validity Period: Specifies how long the offer remains open for acceptance
10. Acceptance Process: Describes how and when acceptance should be communicated
11. Completion: Details of the completion process and timing
12. Governing Law: Specifies Malaysian law as the governing law
1. Warranties and Representations: Used when specific assurances about the subject matter are required from the seller
2. Financing Conditions: Include when the offer is subject to the buyer obtaining financing
3. Property Title Conditions: Required for real estate purchases to address title requirements
4. Third Party Approvals: Include when the transaction requires regulatory or other third-party approvals
5. Confidentiality: Used when the offer contains sensitive commercial information
6. Break Fee: Include when there's an agreement for compensation if the deal fails under specific circumstances
7. Tax Provisions: Required when specific tax arrangements or considerations need to be addressed
8. Force Majeure: Include when protection against unforeseen circumstances is needed
1. Schedule 1 - Subject Matter Details: Detailed specifications or description of the goods/property being purchased
2. Schedule 2 - Payment Schedule: Detailed breakdown of payment terms and installments if applicable
3. Schedule 3 - Due Diligence Requirements: List of documents and information required for due diligence
4. Schedule 4 - Form of Acceptance: Template for formal acceptance of the offer
5. Appendix A - Required Documents: List of documents to be provided upon acceptance
6. Appendix B - Completion Checklist: List of items to be completed before and at completion
Authors
Purchase Price
Payment Terms
Due Diligence
Conditions Precedent
Representations and Warranties
Completion
Confidentiality
Inspection Rights
Title and Ownership
Risk and Insurance
Force Majeure
Governing Law
Dispute Resolution
Notices
Assignment
Time of Essence
Entire Agreement
Severability
Acceptance Process
Termination Rights
Good Faith
Further Assurance
Costs and Expenses
Real Estate
Manufacturing
Retail
Commercial Property
Industrial Equipment
Construction
Technology
Automotive
Agriculture
Mining
Energy
Telecommunications
Legal
Procurement
Finance
Commercial
Operations
Risk and Compliance
Business Development
Property Management
Contract Administration
Procurement Manager
Legal Counsel
Commercial Director
Business Development Manager
Contract Administrator
Finance Manager
Property Manager
Purchasing Officer
Chief Financial Officer
Operations Manager
Real Estate Manager
Compliance Officer
Risk Manager
Company Secretary
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