The Apartment Sale Agreement is a crucial legal document used in Malaysian property transactions for the transfer of ownership of strata-titled properties. This agreement is essential when selling or purchasing apartments, condominiums, or other stratified properties in Malaysia. The document must comply with various Malaysian regulations, including the Housing Development (Control and Licensing) Act 1966, Strata Titles Act 1985, and National Land Code 1965. It contains detailed provisions about the property, payment terms, completion requirements, and obligations of both parties, while also addressing specific requirements for strata properties such as management fees and shared facilities.
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 the Vendor and Purchaser with full names, identification numbers, and addresses
2. Background: Brief context of the transaction and property ownership status
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Details: Comprehensive description of the apartment including lot number, floor area, and strata title details
5. Purchase Price: Agreed purchase price and payment schedule in accordance with Malaysian regulations
6. Payment Terms: Detailed payment structure including deposits, progressive payments, and completion payments
7. Completion: Conditions for completion of sale and transfer of ownership
8. Vendor's Obligations: Responsibilities of the vendor including delivery of vacant possession and documentation
9. Purchaser's Obligations: Responsibilities of the purchaser including payment and compliance with terms
10. Title and Transfer: Provisions regarding transfer of title and registration requirements
11. Representations and Warranties: Standard warranties about property ownership, condition, and authority to sell
12. Default: Consequences of default by either party and remedies available
13. Notices: Process for serving notices between parties
14. Governing Law: Specification of Malaysian law as governing law and jurisdiction
15. Execution: Signature blocks and attestation requirements
1. Foreign Ownership: Required when purchaser is non-Malaysian, including approval requirements and restrictions
2. Bank Financing: Include when purchaser is obtaining bank financing, with relevant terms and conditions
3. Power of Attorney: Required when either party is acting through an appointed representative
4. Strata Management: Additional terms regarding management fees and sinking fund if not covered in standard terms
5. Renovation Works: Include if specific renovation terms or restrictions need to be addressed
6. Defect Liability: For new properties, detailed terms about defect liability period and remedies
7. GST/Tax Provisions: Specific tax-related provisions if applicable to the transaction
1. Property Schedule: Detailed description of property including floor plan and specifications
2. Payment Schedule: Detailed breakdown of payment stages and amounts
3. Inventory List: List of fixtures, fittings, and furnishings included in the sale
4. Title Particulars: Copy of relevant title details and encumbrances
5. Approved Plans: Architectural plans and approvals
6. Strata By-Laws: Copy of applicable strata by-laws and regulations
7. Completion Documents: List of documents required for completion
8. Special Conditions: Any special terms or conditions specific to the transaction
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Legal Services
Banking & Finance
Property Development
Construction
Property Management
Professional Services
Relevant Teams
Legal
Real Estate
Property Management
Sales
Compliance
Documentation
Business Development
Operations
Relevant Roles
Real Estate Agent
Property Lawyer
Conveyancing Executive
Property Developer
Bank Officer
Legal Associate
Property Manager
Sales Director
Compliance Officer
Transaction Manager
Real Estate Partner
Property Consultant
Find the exact document you need
Lease Option To Buy Contract
A Malaysian law-governed agreement combining property lease terms with a future purchase option, establishing rights and obligations for both lessor and lessee/potential buyer.
Download
Legal Purchase Agreement
A Malaysian law-governed agreement documenting the terms and conditions for the sale and purchase of goods, assets, or property between parties.
Download
Exclusive Buyer Agreement
A Malaysian law-governed agreement establishing an exclusive relationship between a buyer and real estate agent for property acquisition services.
Download
Discount Agreement
A Malaysian law-governed agreement establishing discount terms and conditions between commercial parties, including discount structures, thresholds, and implementation processes.
Download
Website Sale Agreement
A Malaysian law-governed agreement for the sale and transfer of website ownership, including all associated digital assets and intellectual property.
Download
Securities Purchase Agreement
Malaysian law-governed agreement for the purchase and sale of securities, complying with local regulatory requirements and market practices.
Download
Equity Investment Contract
A Malaysian law-governed agreement detailing terms and conditions for equity investment in a company, including share allocation, investor rights, and protective provisions.
Download
Used Car Purchase Agreement
A Malaysian law-governed agreement for the sale and purchase of a used vehicle, detailing terms, conditions, and ownership transfer requirements.
Download
Car Purchase Contract
A Malaysian law-governed agreement for the sale and purchase of a motor vehicle, detailing terms of sale, vehicle specifications, and ownership transfer requirements.
Download
Agreement For Hire Purchase Of A Motor Vehicle
A Malaysian law-governed agreement for the purchase of motor vehicles through installment payments, regulated by the Hire-Purchase Act 1967.
Download
Agreement For Advance Payment For Purchase Of House
A Malaysian law-governed agreement establishing terms for advance payments in house purchases, protecting both buyer and seller interests.
Download
Heavy Equipment Purchase Agreement
Malaysian-law governed agreement for heavy equipment purchase, detailing specifications, terms, warranties, and compliance requirements.
Download
Shares Agreement
A Malaysian law-governed agreement detailing the terms and conditions for the transfer of shares between parties, ensuring legal compliance and protection of stakeholders' interests.
Download
Car Lease To Own Agreement
A Malaysian law-governed agreement establishing terms for vehicle lease-to-own arrangements, compliant with the Hire-Purchase Act 1967.
Download
Equipment Purchase Contract
Malaysian law-governed agreement for equipment purchase, covering specifications, payment terms, and delivery conditions under local commercial regulations.
Download
Offer To Purchase Agreement
A Malaysian legal document presenting a formal offer to purchase property, outlining key terms and conditions under Malaysian law.
Download
Business Sale Contract
A Malaysian law-governed agreement for the sale and purchase of a business, covering all aspects of ownership transfer and related obligations.
Download
Public Offer Agreement
A Malaysian law-governed agreement setting out terms and conditions for public offers of products or services to potential customers.
Download
Buyback Agreement
A Malaysian law-governed agreement setting out terms for the repurchase of assets, shares, or securities, complying with local corporate and securities regulations.
Download
Standby Bond Purchase Agreement
A Malaysian law-governed agreement establishing a financial institution's commitment to purchase bonds under specified conditions, providing liquidity support for bond issuances.
Download
Sale Agreement For House
A Malaysian law-governed agreement for the sale and purchase of residential property, detailing terms, conditions, and obligations of both parties.
Download
Lease Agreement With Option To Purchase
A Malaysian law-governed agreement combining property lease terms with an option for the tenant to purchase the property under specified conditions.
Download
Contingent Purchase Agreement
A Malaysian law-governed agreement for conditional purchase transactions, specifying terms and contingencies that must be met before purchase completion.
Download
Auto Purchase Contract
A Malaysian law-governed contract for the sale and purchase of motor vehicles, detailing terms, conditions, and obligations of all parties involved.
Download
Agreement For Advance Payment For Purchase Of Goods
A Malaysian law-governed agreement establishing terms for advance payment in goods purchase, including payment security, delivery terms, and quality specifications.
Download
Advance Agreement For Land Purchase
A Malaysian law-governed agreement establishing terms for land purchase with advance payments, structured under the National Land Code 1965.
Download
Purchase Agreement Letter
A legally binding document under Malaysian law that outlines the terms and conditions of a purchase transaction in letter format.
Download
Partnership Purchase Agreement
A Malaysian law-governed agreement for the purchase and transfer of partnership interests, including terms, conditions, and compliance requirements.
Download
Non Binding Letter Of Intent To Purchase Product
A Malaysian law-governed preliminary document expressing non-binding intent to purchase specific products, outlining basic terms without creating legal obligations.
Download
Dealer Purchase Agreement
A Malaysian law-governed agreement establishing terms and conditions between a supplier and dealer for product distribution and sales.
Download
Cross Purchase Agreement
A Malaysian law-governed agreement establishing procedures and obligations for remaining shareholders to purchase shares from departing shareholders upon specified trigger events.
Download
Buy Tenancy Agreement
A Malaysian legal document establishing rental terms and conditions between landlord and tenant, governed by Malaysian property and contract law.
Download
Truck Purchase Agreement
A Malaysian law-governed agreement for the sale and purchase of commercial trucks, covering specifications, price, delivery, warranties, and regulatory compliance.
Download
Intent To Buy Contract
A Malaysian law-governed preliminary agreement documenting a potential buyer's formal intention to purchase an asset, subject to conditions and due diligence.
Download
Purchasers Agreement
A Malaysian law-governed agreement that establishes terms and conditions for purchase transactions, detailing rights and obligations of purchaser and seller.
Download
Receivable Purchase Agreement
A Malaysian law-governed agreement documenting the sale and transfer of receivables from a seller to a purchaser, detailing transfer terms, price mechanisms, and parties' obligations.
Download
Letter Of Intent For Purchase Order
A Malaysian law-governed preliminary document expressing intent to proceed with a purchase order, outlining key commercial terms while maintaining a generally non-binding nature.
Download
High Purchase Agreement Form
A Malaysian law-compliant agreement for purchasing goods through installments, where ownership transfers upon final payment, regulated by the Hire Purchase Act 1967.
Download
Business Buyout Agreement
A Malaysian law-governed agreement facilitating the complete transfer of business ownership between parties, including all relevant terms, conditions, and regulatory compliance requirements.
Download
Model Stock Purchase Agreement
A Malaysian law-governed agreement setting out terms and conditions for the purchase and sale of shares in a company, including price, warranties, and completion mechanics.
Download
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)