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Simple Land Sale Contract
"I need a Simple Land Sale Contract for purchasing a 2-acre agricultural land plot in Selangor, Malaysia, with completion scheduled for March 2025, including specific provisions for existing crop rights and irrigation systems."
1. Parties: Identification of the Vendor and Purchaser with full legal names, identification numbers, and addresses
2. Background: Brief context of the transaction and confirmation of Vendor's ownership
3. Definitions: Definitions of key terms used throughout the agreement
4. Sale and Purchase: Core agreement to sell and purchase the property at the specified price
5. Property Description: Detailed description of the land including title details, lot number, and land area
6. Purchase Price: Statement of the purchase price and payment terms including deposit and balance
7. Conditions Precedent: Essential conditions that must be fulfilled before completion
8. Completion: Timeline and process for completing the sale, including documentation requirements
9. Vendor's Warranties: Warranties regarding title, encumbrances, and property condition
10. Purchaser's Warranties: Warranties regarding capacity to purchase and compliance with relevant laws
11. Title and Transfer: Process for transfer of title and registration requirements
12. Costs and Expenses: Allocation of legal fees, stamp duty, and registration fees
13. Notices: Process for serving notices between parties
14. Governing Law: Confirmation of Malaysian law as governing law and jurisdiction
1. Development Conditions: Required when the land is subject to specific development or planning conditions
2. Foreign Investment Approval: Needed when purchaser is a foreign entity or individual
3. Existing Tenancies: Required when the property is subject to ongoing tenancies
4. Environmental Warranties: Important when the land has potential environmental issues or previous industrial use
5. Planning Permissions: Necessary when specific planning approvals are required for intended use
6. Third Party Rights: Required when there are existing rights of way or easements
7. GST/Tax Provisions: Needed for clarity on tax implications and responsibilities
8. Force Majeure: Optional clause for unforeseen circumstances affecting completion
1. Schedule 1 - Property Details: Comprehensive property description including boundary plans and title particulars
2. Schedule 2 - Purchase Price Payment Schedule: Detailed breakdown of payment terms and installments
3. Schedule 3 - Title Documents: List of all relevant title documents and certified copies
4. Schedule 4 - Completion Documents: List of documents required for completion of the sale
5. Appendix A - Land Plan: Certified copy of the land survey plan
6. Appendix B - Property Photos: Current photographs of the property and boundaries
7. Appendix C - Encumbrances: Details of any existing charges or encumbrances
8. Appendix D - Required Consents: Copies of necessary consents and approvals
Authors
Balance Purchase Price
Business Day
Completion
Completion Date
Deposit
Encumbrances
Land
Land Office
Land Title
Local Authority
National Land Code
Parties
Property
Purchase Price
Purchaser
Registration Fee
Stamp Duty
Title Deed
Transfer Document
Vacant Possession
Vendor
Vendor's Solicitor
Working Day
Sale and Purchase
Purchase Price
Payment Terms
Property Description
Title and Ownership
Conditions Precedent
Vendor Warranties
Purchaser Warranties
Completion
Vacant Possession
Registration
Transfer
Stamp Duty
Due Diligence
Encumbrances
Default
Termination
Assignment
Costs
Notices
Time Essence
Governing Law
Dispute Resolution
Force Majeure
Severability
Entire Agreement
Amendments
Real Estate
Property Development
Construction
Banking and Finance
Agriculture (for agricultural land)
Industrial
Commercial Property
Residential Property
Hospitality
Retail
Legal
Real Estate
Property Management
Compliance
Commercial
Operations
Land Administration
Acquisitions
Investment
Development
Real Estate Lawyer
Property Manager
Real Estate Agent
Land Administrator
Property Developer
Commercial Director
Legal Counsel
Compliance Officer
Real Estate Investment Manager
Property Acquisition Manager
Land Surveyor
Title Officer
Real Estate Broker
Property Consultant
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