Property Purchase Option Agreement Template for Malaysia

1. Foreign Investment Approval: Required when the Option Holder is a foreign entity or person, detailing necessary approvals

2. Due Diligence: Include when the Option Holder requires a due diligence period before exercise

3. Financing Conditions: Include when the option exercise is conditional on the Option Holder obtaining financing

4. Property Access: Include when the Option Holder needs access for inspections or valuations during the option period

5. Assignment: Include when either party may need to assign their rights under the agreement

6. Agent Commission: Include when real estate agents are involved and commission arrangements need to be documented

7. Strata Title Conditions: Required for apartments or condominiums under strata title

8. Development Conditions: Include when the property is part of a development project with specific conditions

1. Schedule 1 - Property Details: Detailed description of the property including lot number, title details, and encumbrances

2. Schedule 2 - Option Exercise Form: Pro-forma notice for exercising the option

3. Schedule 3 - Payment Schedule: Breakdown of all payments including option fee, deposit, and balance purchase price

4. Schedule 4 - Special Conditions: Any special conditions or requirements specific to the property or transaction

5. Schedule 5 - Property Plans: Relevant plans, drawings, or surveys of the property

6. Appendix A - Required Approvals: List of required regulatory or governmental approvals

7. Appendix B - Form of Sale and Purchase Agreement: Draft of the sale and purchase agreement to be entered into upon option exercise