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The Home Contract is a fundamental legal document used in Malaysian property transactions for the sale and purchase of residential properties. It serves as the primary agreement between a vendor and purchaser, incorporating all essential terms required by Malaysian law, particularly the Housing Development (Control and Licensing) Act 1966 and the National Land Code 1965. This document is crucial when transferring residential property ownership, whether for landed properties or strata titles, and includes detailed provisions for purchase price, payment terms, property specifications, and completion requirements. The contract ensures compliance with local property regulations, protects both parties' interests, and facilitates proper registration with relevant authorities. It's designed to be comprehensive yet adaptable to various residential property types, from individual homes to apartments, while maintaining adherence to Malaysian legal requirements.

1. Parties: Identification and details of the Vendor/Seller and Purchaser, including full names, identification numbers, and addresses

2. Background: Context of the sale, brief description of the property, and purpose of the agreement

3. Definitions: Definitions of key terms used throughout the agreement

4. Property Details: Comprehensive description of the property including lot number, title details, and precise measurements

5. Purchase Price: Agreed purchase price and payment terms including deposit, progressive payments, and completion payment

6. Completion: Conditions and timeline for completion of the sale, including documentation requirements

7. Vendor's Obligations: Responsibilities of the seller including property maintenance until completion and document provision

8. Purchaser's Obligations: Responsibilities of the buyer including payment obligations and compliance with terms

9. Title and Transfer: Conditions regarding property title, transfer process, and registration requirements

10. Representations and Warranties: Declarations by both parties regarding their capacity to enter into the agreement and property condition

11. Default and Termination: Consequences of breach and conditions for contract termination

12. Notices: Methods and addresses for formal communications between parties

13. Governing Law: Specification of Malaysian law as governing law and jurisdiction

14. Execution: Signature blocks and attestation requirements