Megaharta
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The document outlines the terms and conditions for property sale and purchase agreements in Malaysia. It discusses various types of property transactions including direct purchase from developer, sub-sales with or without title, and strata title properties. Key elements covered include parties to the agreement, payment terms, documentation requirements, default clauses, risks and warranties. Procedures differ depending on whether the property has title or is pending title issuance from the developer.
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- Implied conditions regarding quality and fitness only apply if the buyer relies on the seller's skill or the goods are of a type the seller usually supplies.
- On a 'sale or return' basis, property passes when the buyer signifies approval or retains the goods beyond a reasonable return period.
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www-shreeyanshlegal-com-practice-sale-agreement-registration-.pdf
SALE DEED MEANING :
A Sale Deed is a legal instrument whereunder a person can voluntarily transfer his/her rights, title, and interest in immovable property to the other person in consideration. Sale agreement is an instrument that grants rights to the property which is purchased by the buyer. Sale Deed/Sale agreement is an important document for buyer as well as the seller. In other words, a Sale Deed is proof of purchase. Sale Deed Registration/ Agreement for sale registration can be done in India.
We call Sale agreement by many names like Purchase and sale agreement, home purchase agreement, house purchase agreement, property sale agreement, purchase and sale contract.
When consideration is fully paid then on execution immediate possession will be given to the purchaser and the same is termed as the agreement of sale with possession.
Let’s see an example about Sale deed – Person “A” sell his house or land to person “B”. The legal document for this will be through a Sale agreement Registration which they both execute.
Laws related to Sale deed/Sale Agreement is specified under Section 54 of the Transfer of Property Act, 1882.
Sale agreement is also known as purchase and sale agreement, home purchase agreement, house purchase agreement, property sale agreement, house sale agreement, purchase and sale contract, sell purchase agreement.
When we purchase or sell non-residential property like a shop or godown then we call such agreements – commercial property purchase agreement.
5 2 Expression of Interest - Copy
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REO Sales Presentation
The document discusses opportunities in buying repossessed homes (REOs) from banks at discounted prices and reselling them for a profit using a turnkey support service. Key points:
- REOs can be purchased in bulk from banks for $18-21k each and resold for $35k or more through a support service that handles listing, sales, and paperwork.
- The support service qualifies buyers, sells homes on land contracts within 90 days, collects payments, and guarantees property exchanges if needed.
- Investors can earn cash flow from monthly payments and profit when buyers obtain loans to pay off contracts after a year of on-time payments. The process provides opportunities for investors, buyers, banks
Anti gazumping contract
This document provides an anti-gazumping contract and instructions for its use. The contract establishes an exclusivity period during home sale negotiations to prevent the seller from accepting higher offers from other buyers. It outlines terms for both the buyer and seller to appoint solicitors, provides the buyer a limited time frame to apply for a mortgage and complete inspections, and establishes each party's right to withdraw from the agreement. The document also includes template letters to formalize the buyer's initial offer, appoint solicitors, and issue withdrawal notices if needed.
Sale or transfer of immovable property
This document outlines the 10 step process for the sale or transfer of immovable property in Sri Lanka. It discusses checking the capacity and title of parties involved, obtaining necessary documents, executing sale agreements and deeds of transfer, paying stamp duty, registering the transfer, and obligations of the seller to provide good title, vacant possession, and peaceful enjoyment of the property. Key legal cases are also summarized relating to defective title, life interests, possession, and property held in trust.
REO Sales Presentation Aug
The document introduces an opportunity to purchase REO properties through C&C Land Travelers LLC. Key details include:
- Investors can purchase 10 REO properties for $23,000 each, totaling $230,000.
- C&C Land Travelers will handle listing, qualifying buyers, legal paperwork, and reselling the properties within 90 days via land contracts for around $35,000 each.
- Investors receive the monthly land contract payments as income for 1+ years before transferring deed to buyers. The support services are included at no extra cost, and guarantees are provided.
Basic Blac property Investment
The document discusses property investment in South Africa as a means of wealth creation. It outlines three main ways to make money in property: 1) appreciating property value over 5-10 years then selling for a profit, 2) renovating and quickly reselling properties for profit, and 3) renting out a property portfolio as long-term assets. It also notes current opportunities in the market from bank repossessions and auctions. Fees for purchases facilitated by Basic Blac are provided. The risks, responsibilities, and process for purchasing auction properties are explained.
Agreement For Sale
This agreement is for the sale of a property from the Seller to the Purchaser. The Seller owns the property and agrees to sell it to the Purchaser for Rs. (amount) as the sale price. The Purchaser has paid Rs. (amount) as an advance and will pay the remaining Rs. (amount) at the time of executing the sale deed. Both parties agree to complete the sale transaction and execute the sale deed by a specified date.
Sale of goods act
The document discusses key concepts in Indian contract law relating to the sale of goods, including:
- Formation of sales contracts through offer and acceptance.
- Implied conditions and warranties in contracts.
- Rights and obligations of buyers and sellers in performing contracts, including delivery of goods, payment, and remedies for breach.
- Concepts relating to unpaid sellers, including rights of lien, stoppage in transit, and resale.
Property registration new
PROPERTY REGISTRATION
Advocate Selvakumar
property advocates in Bangalore
advocates in Bangalore
For More: http://kumarproperty123.blogspot.in/2016/01/property-registration.html
Chapter 11
This document discusses key differences and similarities between Articles 2 and 2A of the Uniform Commercial Code, which govern sales and leases of goods respectively. It covers topics like scope, formation of contracts, additional terms in acceptance, the statute of frauds, passage of title and risk of loss. For example, it notes that Article 2A applies to all commercial and consumer leases while Article 2 governs sales of tangible, movable goods. It also discusses rules around when risk of loss passes between buyers and sellers in shipment and destination contracts.
First American Title Aar Conference Escrow+Foreclosure
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CenterviewCrossingFlyer
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Megaharta
- 1. Michael Leong SIM & PARTNERS
- 3. Sale and Purchase Direct From Developer Sub-Sale With Title Without Title (Title Yet To Be Issued) With Title Without Title (Title Yet To Be Issued) House Shop House Land Factory Flats Apartment Condominium Land House Shop House Land Factory Flats Apartment Condominium Land Strata Title (Flats/Apartment Condominium)
- 4. sub-sale Developer First Purchaser (Vendor) Purchaser Purchaser sub-sub-sale
- 6. Single Storey Bungalow House
- 9. Double Storey Corner Lot
- 10. Double Storey Link House
- 11. Townhouse
- 12. Three Storey Shop House
- 13. Semi-D House
- 14. Flats
- 16. Apartment
- 17. Condominium
- 18. Factory
- 19. Land
- 20. Terms and Conditions (Sale and Purchase Agreement) The Parties The Recitals The Terms and Conditions
- 21. THE PARTIES The Vendor (Seller) The Purchaser (Buyer)
- 36. SNP (With Title) RECITALS The intention of the parties Intention to create a legally binding contract Vendor and Purchaser
- 39. The Agreement Vendor Purchaser
- 40. Conditions Precedent Consent (leasehold) Vendor Purchaser State Authority’s consent to transfer S 433B NLC 1965 (foreigner) State Authority’s consent to charge (if loan)
- 41. Kaveat Gadaian
- 42. Consideration & Price Purchase Price Earnest Deposit Balance Deposit Balance Purchase Price Normally pay to agent Upon signing of Agreement OR Upon receipt by Purchaser’s Solicitors of State Authority’s Consent to transfer
- 43. Balance Purchase Price With title With consent Without consent 90 days from date of receipt by Purchaser’s Solicitors of the State Authority’s letter of consent to transfer or charge 90 days from date of SNP
- 58. Land Assessment (Cukai Pintu) DBKL
- 59. Land Assessment (Cukai Pintu)
- 66. Default by Vendor Terminate Agreement Specific Performance OR
- 77. Notices
- 78. Passing of Risk
- 79. Passing of Risk
- 80. Passing of Risk
- 81. When do you think RISK should pass?
- 83. Time of Performance Shall be of the essence
- 86. Schedule of Fees (Sale & Transfer) 0.5% For the next RM2,000,000-00 Negotiable on the excess (but shall not exceed 0.4% of such excess) Where the consideration or adjudicated value is in excess of RM7,500,000-00 0.4% For the next RM2,500,000-00 0.6% For the next RM2,000,000-00 0.7% For the next RM850,000-00 1.0% (subject to a minimum fee of RM300) For the first RM150,000-00 Scale of Fees Consideration or Adjudicated Value
- 90. WITHOUT TITLE
- 97. Terminology Charge Assignment Discharge of Charge Receipt and Reassignment Memorandum of Transfer Deed of Assignment (by way of sale)
- 100. Developer First Purchaser (Vendor) Purchaser Strata Title Issued MOT-1 MOT-2 Direct Transfer NOT agreeable Consent to Transfer Consent to Transfer stamp duty stamp duty
- 102. Developer First Purchaser (Vendor) Purchaser DIRECT TRANSFER Strata Title Issued MOT Stamp duty
- 103. THE END