The Addendum To Agreement Of Sale is a critical legal instrument used when parties need to modify terms of an existing sale agreement without drafting an entirely new contract. Common in Malaysian business practice, it's particularly relevant when circumstances require adjustments to price, delivery terms, specifications, or other key provisions of the original agreement. This document type is governed by Malaysian contract law and must comply with specific legal requirements, including the Contracts Act 1950 and, where applicable, the Sale of Goods Act 1957. It's essential for businesses operating in Malaysia to understand that such addendums may require stamp duty payment and proper registration, depending on the nature and value of the modifications. The document serves as a bridge between the original agreement and new terms, ensuring legal continuity while accommodating necessary changes.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of all parties to the original agreement, maintaining the same names and designations as used in the original agreement
2. Background: Reference to the original Agreement of Sale including its date, parties, and subject matter, and brief explanation of why the addendum is needed
3. Definitions: Key terms used in the addendum, incorporating definitions from the original agreement and any new terms introduced
4. Reference to Original Agreement: Specific clause confirming that this document serves as an addendum to the original Agreement of Sale
5. Amendments: Detailed description of specific modifications to the original agreement, clearly referencing the original clause numbers being modified
6. Effect on Original Agreement: Statement confirming that all other terms and conditions of the original agreement remain unchanged and in full force and effect
7. Integration: Clause stating that the addendum forms an integral part of the original agreement
8. Execution: Signature blocks for all parties, including dates and witness provisions as required by Malaysian law
1. Consideration: Required if the modification involves changes to payment terms or additional consideration
2. Regulatory Compliance: Include when modifications need to address specific regulatory requirements or approvals
3. Time Extension: Used when the addendum involves changes to timeframes or deadlines in the original agreement
4. Additional Representations and Warranties: Include when new representations or warranties are needed specific to the modifications
5. Conditions Precedent: Include when the modifications are subject to certain conditions being met
6. Stamp Duty Declaration: Required if the addendum needs to be separately stamped under Malaysian law
1. Schedule of Amendments: Detailed table showing original clauses and their modified versions for easy reference
2. Revised Payment Schedule: If payment terms are modified, detailed breakdown of new payment terms
3. Modified Specifications: If the addendum involves changes to product or service specifications
4. Updated Timeline: If the addendum modifies project milestones or delivery schedules
5. Regulatory Approvals: Copies of any relevant regulatory approvals or permits related to the modifications
Authors
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Manufacturing
Retail
Construction
Agriculture
Technology
Automotive
Consumer Goods
Industrial Equipment
Energy
Mining
Hospitality
Healthcare
Education
Relevant Teams
Legal
Procurement
Sales
Finance
Compliance
Operations
Commercial
Risk Management
Business Development
Contract Administration
Corporate Secretarial
Relevant Roles
Legal Counsel
Contract Manager
Procurement Manager
Sales Director
Business Development Manager
Company Secretary
Compliance Officer
Chief Financial Officer
Commercial Director
Operations Manager
Project Manager
General Manager
Managing Director
Risk Manager
Property Manager
Find the exact document you need
Motor Sale Agreement
A Malaysian law-governed agreement for the sale and purchase of motor vehicles, detailing terms, conditions, and ownership transfer requirements.
find out more
Car Buyer Seller Contract
A Malaysian law-governed agreement for the sale and purchase of motor vehicles, ensuring compliant transfer of vehicle ownership between parties.
find out more
Homesite Lease
A Malaysian law-compliant lease agreement for residential land use, governed by the National Land Code 1965 and state regulations.
find out more
Unconditional Contract Of Sale
A Malaysian law-governed unconditional contract that enables immediate and binding transfer of ownership from seller to buyer.
find out more
Lease To Purchase Contract
A Malaysian law-governed agreement combining property lease terms with a future purchase option, establishing rights and obligations for both leasing and buying phases.
find out more
Agreement To Sell Business
A Malaysian law-governed agreement that documents the formal transfer of business ownership from seller to buyer, including all key terms and conditions of the sale.
find out more
Real Estate Listing Contract
A Malaysian-law governed agreement between property owner and real estate agent establishing terms for property listing and sale.
find out more
Real Estate Installment Contract
A Malaysian law-governed agreement for the purchase of real estate through structured installment payments, outlining terms, conditions, and payment schedules.
find out more
Definitive Purchase Agreement
A Malaysian law-governed agreement that finalizes the terms and conditions for the purchase and sale of assets, shares, or a business.
find out more
Cross Purchase Buy Sell Agreement
A Malaysian law-governed agreement between shareholders establishing terms for purchasing each other's shares upon specific triggering events.
find out more
Absolute Agreement Of Sale
A Malaysian law-governed agreement for the absolute and unconditional transfer of ownership from seller to purchaser.
find out more
Used Car Sale Contract
A Malaysian law-governed contract for the sale and purchase of used vehicles, ensuring legal compliance and protecting both buyer and seller interests.
find out more
Software Sales Contract
A Malaysian law-governed agreement for software sales and licensing, detailing terms of sale, usage rights, and obligations between vendor and purchaser.
find out more
Simple Home Sale Contract
A Malaysian law-governed contract for residential property sale and purchase, incorporating essential elements for legal property transfer.
find out more
Sales Rep Contract
Malaysian-law governed agreement establishing terms between a company and sales representative, including territory rights, commission structure, and compliance requirements.
find out more
House Sale Agreement Form
A Malaysian law-governed agreement for the sale and purchase of residential property, detailing terms, conditions, and obligations of both parties.
find out more
Wholesale Contract
A Malaysian law-governed agreement establishing terms and conditions for wholesale trading relationships between commercial parties.
find out more
Sales Commission Contract
A Malaysian law-governed agreement establishing terms and commission structures for sales representatives and their principal companies.
find out more
Conditional Sale Agreement Land
A Malaysian law-governed agreement for the conditional sale and purchase of land, subject to specific conditions and completion requirements.
find out more
Commission Agent Agreement
A Malaysian law-governed agreement establishing terms between a principal and commission agent for sales representation and commission-based compensation.
find out more
Motor Vehicle Retail Installment Sales Contract
A Malaysian law-compliant contract for the sale of motor vehicles through installment payments, incorporating mandatory provisions under the Hire-Purchase Act 1967.
find out more
Personal Goodwill Purchase Agreement
A Malaysian law-governed agreement for the purchase and transfer of individual personal goodwill, including professional reputation and customer relationships.
find out more
Dealer Consignment Form
A Malaysian law-governed agreement establishing terms for dealers to sell goods on consignment basis, defining rights and obligations of both consignor and consignee.
find out more
Purchase And Sale Agreement For House
A Malaysian law-governed agreement documenting the sale and purchase of residential property, including all essential terms and conditions for property transfer.
find out more
Sale With Buyback Agreement
A Malaysian law-governed agreement for the sale of assets with predetermined buyback terms, suitable for both conventional and Islamic finance transactions.
find out more
Offer To Purchase Real Estate Form Private Sale
A Malaysian legal document presenting a formal offer to purchase real estate from a private seller, outlining purchase terms and conditions under Malaysian law.
find out more
Multi Family Purchase And Sale Agreement
A Malaysian law-governed agreement for the purchase and sale of multi-family residential properties, addressing property transfer, tenancies, and regulatory compliance requirements.
find out more
Commercial Real Estate Purchase Contract
A Malaysian law-governed agreement for the sale and purchase of commercial real estate, ensuring compliant transfer of property ownership.
find out more
Agreement For Sale Of Mortgaged Property
A Malaysian law-governed agreement for the sale of mortgaged property, detailing terms of sale and mortgage discharge procedures.
find out more
Sale Of Shares In Private Company Agreement
A Malaysian law-governed agreement for the sale and purchase of shares in a private company, detailing transaction terms and regulatory compliance requirements.
find out more
Sale And Construction Agreement
A Malaysian law-governed agreement combining property sale and construction obligations, structured to comply with local housing development and construction regulations.
find out more
New Car Purchase Agreement
A Malaysian law-governed agreement for the purchase of a new vehicle, detailing terms of sale, specifications, and obligations of both dealer and buyer.
find out more
Sale Of Partnership Interest Agreement
A Malaysian law-governed agreement facilitating the sale and transfer of partnership interests between parties, including terms, conditions, and regulatory compliance requirements.
find out more
Vehicle Installment Sale Agreement
A Malaysian law-governed agreement for vehicle purchase through installment payments, outlining payment terms, ownership rights, and parties' obligations.
find out more
Commercial Property Sale Contract
A Malaysian law-governed agreement for the sale and purchase of commercial property, establishing terms, conditions, and requirements for property transfer.
find out more
Sub Sale Agreement
A Malaysian legal document governing the sale of property between a current owner and new buyer, compliant with Malaysian property laws and regulations.
find out more
Assignment Of Purchase And Sale Agreement
A Malaysian law-governed agreement transferring rights and obligations under an existing Sale and Purchase Agreement from an original purchaser to a new purchaser.
find out more
Simple Buy Sell Agreement
A Malaysian law-governed agreement documenting the basic terms and conditions for the sale and purchase of goods between two parties.
find out more
Sale Of Sole Proprietorship Business Agreement
A Malaysian law-governed agreement for the complete transfer of ownership and assets of a sole proprietorship business from seller to buyer.
find out more
Bulk Sale Agreement
A Malaysian law-governed agreement for large-volume commercial transactions, detailing terms for bulk sale and purchase of goods between businesses.
find out more
ұԾ’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; ұԾ’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
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)