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Vesting Deed
"I need a Vesting Deed to transfer three commercial properties in Kuala Lumpur from my company to a newly established subsidiary as part of our corporate restructuring, with the transfer to be completed by March 2025."
1. Parties: Identification of the transferor (vestee) and transferee (vestor), including full legal names and registration/identification details
2. Background: Recitals explaining the context and basis for the vesting, including any relevant prior agreements or circumstances
3. Definitions: Definitions of key terms used throughout the deed
4. Property Details: Detailed description of the property or assets being vested
5. Vesting Declaration: The operative part declaring the vesting of the property/assets from transferor to transferee
6. Consideration: Details of any consideration paid or given for the vesting
7. Representations and Warranties: Statements and guarantees about the property/assets and the parties' authority to execute the vesting
8. Registration and Stamp Duty: Provisions regarding registration requirements and responsibility for stamp duty payments
9. Execution: Formal execution block including witness requirements
1. Trust Provisions: Required when the vesting involves trust properties or creates a trust arrangement
2. Conditions Precedent: Include when the vesting is subject to certain conditions being met
3. Encumbrances: Include when there are existing charges, liens, or other encumbrances affecting the property
4. Tax Provisions: Required when there are specific tax implications or arrangements that need to be addressed
5. Further Assurance: Include when additional actions may be required post-vesting to complete the transfer
6. Governing Law and Jurisdiction: Include when there are potential cross-border elements or specific jurisdictional requirements
1. Schedule 1 - Property Description: Detailed legal description of the property including title details, lot numbers, and boundaries
2. Schedule 2 - Title Documents: List of all relevant title documents and supporting documentation
3. Schedule 3 - Encumbrances: Details of any existing encumbrances, charges, or restrictions on the property
4. Schedule 4 - Plans and Drawings: Relevant property plans, maps, or drawings
5. Appendix A - Required Consents: Copies of any required consents or approvals from authorities
6. Appendix B - Supporting Documents: Additional documentation supporting the vesting arrangement
Authors
Consideration
Effective Date
Encumbrances
Land
Land Office
Land Registry
Legal Title
National Land Code
Parties
Property
Registration
State Authority
Title Deed
Transfer
Transferee
Transferor
Vesting Date
Vesting Property
Working Day
Beneficial Interest
Charge
Covenant
Identity Card
Issue Document of Title
Land Revenue
Permitted Encumbrances
Registrar
Stamp Duty
Transaction Documents
Property Description
Title Guarantee
Consideration
Registration
Stamp Duty
Representations and Warranties
Encumbrances
Further Assurance
Costs and Expenses
Assignment
Notices
Severability
Governing Law
Trust Provisions
Succession
Prior Encumbrances
Land Revenue
Registration Requirements
Execution Formalities
Real Estate
Banking and Finance
Construction
Infrastructure
Mining
Agriculture
Manufacturing
Corporate Services
Government and Public Sector
Trust and Fiduciary Services
Legal
Property Management
Corporate Secretarial
Compliance
Real Estate
Asset Management
Corporate Finance
Risk Management
Operations
Administration
Legal Counsel
Property Manager
Real Estate Director
Corporate Secretary
Trust Officer
Compliance Officer
Land Administrator
Asset Manager
Property Development Manager
Corporate Restructuring Officer
Chief Legal Officer
Company Director
Property Lawyer
Conveyancing Executive
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