The Mobile Home Purchase Agreement serves as a legally binding document for transactions involving mobile homes in Malaysia. It is essential when purchasing or selling a mobile home, whether new or pre-owned, and ensures compliance with Malaysian housing development regulations, consumer protection laws, and property transfer requirements. The agreement covers crucial aspects including property specifications, payment terms, delivery arrangements, warranties, and installation requirements. It protects both buyers' and sellers' interests by clearly defining responsibilities, conditions of sale, and remedies in case of default. The document is structured to comply with various Malaysian legislative requirements including the Housing Development Act, National Land Code, and Consumer Protection Act, while addressing specific considerations unique to mobile home transactions.
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1. Parties: Identification of the seller and buyer with complete details including name, IC number/registration number, address and contact information
2. Background: Brief context of the transaction and purpose of the agreement
3. Definitions: Definitions of key terms used throughout the agreement
4. Subject Matter: Detailed description of the mobile home including make, model, year, serial number, and specifications
5. Purchase Price: Total purchase price, payment terms, deposit requirements, and payment schedule
6. Condition of Mobile Home: Current condition, any existing damage or wear, and seller's warranties regarding the condition
7. Title and Ownership: Confirmation of seller's ownership and commitment to transfer clear title
8. Delivery and Installation: Terms regarding delivery, transportation, and installation of the mobile home
9. Site Requirements: Specifications for the installation site and required permits
10. Representations and Warranties: Statements and guarantees made by both parties regarding the transaction
11. Completion: Process and requirements for completing the sale
12. Risk and Insurance: Assignment of risk and insurance requirements during transport and after installation
13. Default and Remedies: Consequences of default by either party and available remedies
14. Governing Law: Specification of Malaysian law as governing law and jurisdiction
15. Notices: Method and addresses for serving notices between parties
1. Financing Contingency: Terms related to buyer's financing arrangements, used when purchase depends on securing financing
2. Site Lease: Terms regarding lease of land where mobile home will be placed, if applicable
3. Trade-in Terms: Details of any trade-in arrangement if buyer is trading in existing mobile home
4. Utilities and Connections: Specifications for utility connections and responsibilities, if handled as part of the purchase
5. Furniture and Fixtures: List of included or excluded furniture and fixtures, if relevant
6. Extended Warranty: Terms of any extended warranty offered or purchased
7. Maintenance Agreement: Terms of any ongoing maintenance services agreed upon
1. Schedule A - Mobile Home Specifications: Detailed technical specifications, dimensions, and features of the mobile home
2. Schedule B - Inventory List: Comprehensive list of items included in the sale
3. Schedule C - Site Requirements: Technical requirements for installation site including dimensions and utility specifications
4. Schedule D - Inspection Report: Pre-purchase inspection report detailing condition of mobile home
5. Schedule E - Payment Schedule: Detailed breakdown of payment installments and due dates
6. Appendix 1 - Photographs: Current photographs of the mobile home interior and exterior
7. Appendix 2 - Certificates: Relevant certificates including manufacturer's certificate and compliance certificates
8. Appendix 3 - Warranty Documents: Manufacturer's warranty and any additional warranty documentation
Authors
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Manufacturing
Housing Development
Construction
Mobile Home Industry
Property Development
Financial Services
Insurance
Legal Services
Relevant Teams
Legal
Real Estate
Sales
Compliance
Property Management
Contract Administration
Quality Assurance
Documentation
Finance
Risk Management
Relevant Roles
Real Estate Agent
Property Manager
Housing Development Manager
Legal Counsel
Compliance Officer
Sales Manager
Contract Administrator
Property Development Director
Mobile Home Dealer
Housing Finance Manager
Insurance Underwriter
Site Installation Manager
Quality Assurance Inspector
Property Documentation Specialist
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