Sale and Purchase Agreement

Sale & Purchase Agreement
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SALE AND PURCHASE AGREEMENT

THIS AGREEMENT is made this
day of
2014.
BETWEEN
xxxxxxxxxxxxxxxxxxxxx of xxxxxxxxxxxxxxxxxxxxxxx (hereinafter
referred to as the Vendors) of the one part;
AND
xxxxxxxxxxxxxxxxx
of
xxxxxxxxxxxxxxxxxxxxxxxxxx
(hereinafter
referred to as the Purchaser) of the other part.

WHEREAS:A.
By a Sale and Purchase Agreement dated xxxxxxxx

(hereinafter referred to
as the Principal Agreement)
made between xxxxxxxxxxxx a company incorporated in

Malaysia
and
duly
licensed
under
the
Housing
Development Control and Licensing) Act 1966 (hereinafter

called
the
Developer)
xxxxxxxxxxxxxxxx
of
(hereinafter
the
one
called
part
the
and
First
Purchaser) of the third part, the Developer and the

Proprietor has agreed to sell and the First Purchaser has
agreed to purchase
the said Property more particularly
described in Section 4 of the First Schedule hereto

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Messrs xxxxxx
Advocates & Solicitors

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(hereinafter called the said Property) upon the terms and

subject
to
the
conditions
set
out
in
the
Principal
Agreement.
B.
Due to the default by the First Purchaser, the Property was

sold by auction to xxxxxxxxxxxxxxx
(hereinafter called
the Second Purchaser) vide Proclamation of Sale dated

20th of April 2006 (hereinafter referred to as the
Proclamation of Sale), and perfected vide Deed of
Assignment (Transfer) dated 13th April 2007.
C.
By a SALE AND PURCHASE AGREEMENT dated the

29th day of August 2008 (the same is hereinafter referred
to as the Second Sale and Purchase Agreement) made
between the Second Purchaser of the FIRST PART AND the
Vendor of the SECOND PART, the Second Purchaser has
agreed to sell to the Vendor and the Vendor has(have)
agreed to purchase from the Second Purchaser the said
Property in accordance to terms and conditions, as
contained therein in the Second Sale and Purchase
Agreement.
D.
The separate Individual Title in respect of the said

Property has yet to be issued by the relevant Authorities.
E.
The Vendors is hereby expressly and irrevocably declare

that he has voluntarily opted not to seek any legal
representation in relation here to and that he has
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voluntarily
executed
this
Agreement
and
that
he
understand contents and effect hereof.
F.
The
Purchasers
xxxxxxxxxxxxxxx
is
represented
(Advocates
&
by
MESSRS.
Solicitors)
of
xxxxxxxxxxxxxxxxxxxxxx.
G.
The Vendors and Purchaser hereby solemnly and sincerely

declare that they have not committed any act of Bankruptcy
(of liquidation, as the case may be) in court of law in
Malaysia.
H.
The Vendor is now desirous of selling and the Purchaser is

desirous of purchasing the said Property with vacant
possession upon the terms and conditions herein contained.
I.
The Purchaser intends to apply to a financial Institution

(hereinafter referred to as the Financier) for a Loan to
complete the purchase of the said property.
J.
The said Property is assigned to xxxxxxxxxxxxx.
IT IS NOW AGREED AS FOLLOWS:1.
CONSIDERATION
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Simultaneously
with
execution
of
the
Agreement
the
Purchaser shall pay to the Vendors sum of Ringgit Malaysia

xxxxxxxxxxxxxxx only being 10% of the Purchase Price
(hereinafter referred to as the deposit), and the Vendors
hereby agrees to sell transfer and assign all her rights, title
and interest in and to the Property free of all encumbrances
and caveats (in respect of the Property) and with vacant
possession but subject to such covenants stipulations and
conditions as may be imposed upon the same by or under the
Principal Agreement at the Purchase Price upon the terms and
conditions hereinafter stated.
2.
PAYMENT OF BALANCE PURCHASE PRICE

The
Balance
Purchase
Price
of
Ringgit
Malaysia
xxxxxxxxxxxxxxx (hereinafter referred to as the Balance

Purchase Price) shall be paid within three (3) months from
the date of this Agreement or from the date receipt of the
Developers Confirmation (whichever is later) (hereinafter
referred to as the Completion Date).
3.
EXTENSION OF TIME
3.1
If the Balance Purchase Price or any part thereof is not paid

by the Completion Date, the Vendors shall grant to the
Purchaser thirty (30) days to pay the same with interest
commencing on the day next following the Completion Date
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(hereinafter referred to as the Extended Completion Date)

PROVIDED ALWAYS THAT late payment interest of eight (8%)
per centum per annum shall be payable calculated on a daily
basis and the Completion Date shall be extended in the event
that there is delay attributable to the Vendors, Developer
and/or the Lender. For the purpose of this Agreement, delay
shall mean a period of time in excess of fourteen (14) working
days from:
3.1.1
the date a request is made for the redemption

statement cum letter of undertaking (if any) from the
Vendors financier (Lender) to the date of receipt by
the Purchasers Solicitors or the Financiers Solicitors,
as the case may be;
3.1.2
the date full payment of the redemption sum (if

any) is made to the Lender to the date the Receipt and
Reassignment and the Lenders Documents referred to
in Clause 5.1.1 are received by the Purchasers Solicitors
or the Financiers Solicitors, as the case may be.
3.2
Upon the happening of any of the events in Clauses 3.1.1 to

3.1.2, the Completion Date shall be extended the time period
which is in excess of the said fourteen (14) working days.
4.
FAILURE OF PURCHASER IN PAYING THE BALANCE

PURCHASE PRICE
If the Vendors have fulfilled all their obligations under this
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Agreement and if the Purchaser fails to pay the Balance

Purchase Price together with interest, if any, in accordance
with the terms of this Agreement, the Deposit paid shall be
absolutely forfeited to the Vendors and all payments made in
excess of the Deposit shall forthwith be refunded without any
interest to the Purchaser. Further, the Purchaser shall return
to the Vendors, all the documents with the interest of the
Vendors remains intact and where vacant possession has been
delivered, the Purchaser shall restore vacant possession to the
Vendors and shall at his own costs and expenses withdraw or
cause to be withdrawn immediatelyany private caveat and all
other encumbrance created by the Purchaser and/or the
Financier, such evidence to be produced to the Vendors.
Thereafter this Agreement shall be terminated and neither
party shall have any further claims against the other. The
Vendors shall be entitled to resell the Property without notice
to the Purchaser in such manner as the Vendors shall deem fit
without having to account to the Purchaser for any profit
made on such resale.
5.
PURCHASERS LOAN
5.1
If the Purchaser is applying for a loan (the Loan) from a

bank or a licensed financier (the Financier) to complete the
purchase of the Property, the Purchaser shall procure an
undertaking
(the
Financiers
Undertaking)
from
the
Financier to the Vendors directly:

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5.1.1
to release a sum (the Redemption Sum) (if any)

sufficient for redeeming the Property from the Lender
upon the Lenders written undertaking to deliver a valid
Receipt and Re-assignment and to deliver the original
stamped Principal Agreement, the original stamped Loan
Agreement, Deed of Assignment and other security
documents referred to in this Agreement to perfect the
assignment of the Property to the Purchaser (collectively
referred
to as the Lenders
Documents)
to the
Financier or its Solicitors; and upon the Lenders further

undertaking (if any) to refund the Redemption Sum paid
in the event that the Receipt and Reassignment cannot
be perfected for any reasons whatsoever, and/or
5.1.2 to release the balance of the Loan or the Loan as the
case may be to the Vendors on or before the Completion
Date or the Extended Completion Date upon the
Purchasers Solicitors undertaking to deliver to the
Financier or its Solicitors the duly executed adjudicated
and stamped Deed of Assignment.
5.2
Upon approval of the Purchasers Loan, the Purchaser

shall pay the difference between the Balance Purchase
Price and the Loan (Difference Sum), if any, to the
Purchasers Solicitors as Stakeholders.
5.3
The Vendors shall within fourteen (14) days of request by

the
Purchasers
Solicitors
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or
Financiers
Solicitors
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deliver an undertaking to refund to the Financier the

Loan or any part released in the event that the Receipt
and Reassignment and Deed of Assignment cannot be
effected or perfected for any reason whatsoever.
6.
DEED OF ASSIGNMENT
6.1
The Vendors shall upon execution of this Agreement execute a

Deed of Assignment in respect of the Property and deliver the
same to the Purchasers Solicitors who shall hold the same as
stakeholders.
6.2
The Purchasers Solicitors shall upon receipt of the duly

endorsed Deed of Assignment, shall forward the Deed of
Assignment for adjudication and payment of the stamp duty
payable. The Purchasers Solicitors shall undertake to forward
the duly adjudicated and stamped Deed of Assignment to the
Financier.
6.3
Where the Purchaser is not obtaining any financing, the Deed

of Assignment duly executed by all parties shall be released
by the Vendors to the Purchasers Solicitors upon full payment
of the Balance Sum to the Purchasers Solicitors. The
Purchasers Solicitors shall forthwith forward the Deed of
Assignment for adjudication and proceed to stamp the same
with ad valorem stamp duty upon due valuation.
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Messrs xxxxxx

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7.
DELIVERY OF DOCUMENTS
7.1
The Vendors shall simultaneously with the execution of this

Agreement
deliver
to
the
Purchasers
Solicitors
as
stakeholders:
7.1.1 a copy of the quit rent and assessment receipts for the
current year;
7.1.2
a copy of the national registration identity card of

the Vendors; and
7.1.3
7.2
particulars of the income tax reference no. of the

Vendors and the place of assessment, (if applicable).
Subject to the receipt of the Financiers Letter of Undertaking

to the Vendors directly and payment of the Difference Sum by
the Purchaser, the parties agree that the Principal Agreement,
Deed of Assignment, Receipt and Reassignment and the
Lenders Documents together with copy of current year
receipt for the quit rent (if any) and assessment of the
Property shall be released to the Purchasers Solicitors upon
completion of the sale and purchase or to the Financiers
Solicitors if the Purchaser shall be obtaining the Loan.
8.
INSPECTION AND CONDITION

The Purchaser hereby confirm and declare that she has
inspected the said Property and is satisfied with the condition
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state nature and character of the same and the Vendors

hereby covenant with the Purchaser that the said Property
shall be in and of the same condition state nature and
character (fair wear and tear excepted) at the date of delivery
of vacant possession as it is at the date of this Agreement.
9.
REAL PROPERTY GAIN TAX

The
parties
hereby
irrevocably
and
unconditionally
and
expressly confirm and agree that the Purchasers Solicitors shall

be required to retain a sum of equivalent to 2 % of the
Purchase Price as required under the Real Property Gain Tax
Act, 1976 from the deposit (hereinafter referred to as the
retention sum) in accordance with Section 21B of the Real
Property Gain Tax Act, 1976 and to remit the relevant authority
of the Real Property Gains Tax within 60 days from the date of
disposal.
10.
WARRANTIES AND REPRESENTATIONS
10.1 The Vendors warrant, represent and undertake with the

Purchaser as follows:
10.1.1
that the Vendors are the beneficial owner of the
Property and have full power and authority to execute,

deliver and perform the terms of this Agreement;
10.1.2
the Property will be free from all encumbrances
whatsoever on the Completion Date or the Extended

Completion Date, as the case may be;
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10.1.3
save
for
what
has
been
disclosed
in
this
Agreement, the Vendors have not entered into any

agreement to sell the Property or any part thereof or
assigned or granted to any party any right, title and
interest in the Property or granted any lease, option or
easement in the Property;
10.1.4
there
instituted
proceedings
is
no
court
including
proceeding
bankruptcy
against
the
Vendors
threatened
or
or
winding
up
or
affecting
the
Property of which they are aware or ought reasonably to

be aware;
10.1.5 save for what has been disclosed in this Agreement, the
Vendors will not after the date of this Agreement sell,
dispose, assign, lease or any way encumber the Property
or any part thereof;
10.1.6
all quit rent, assessment, sewerage services and
other outgoings that are due and payable shall be fully

paid on the date of this Agreement;
10.1.7
a certificate of fitness in respect of the Property
has been issued by the relevant authority;

10.1.8 the Property shall be in and of the same condition,
state, nature and character (fair wear and tear excepted)
at the date of delivery of vacant possession as it is at the
date of this Agreement;
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10.1.9
the Vendors have not received any notices from any
statutory or local authority which will or may prejudice

or adversely affect the present or continued use and
enjoyment by the Vendors of the Property or which will
or may subject the Vendors to onerous charge or
liability; and the Vendors shall give to the Purchaser
immediate notice of any such notices which he has
received after the date of this Agreement; AND
10.1.10 the representations and warranties herein shall
continue to have full force and effect notwithstanding
the completion of the purchase of the Property.
11.2 The truth and correctness of the matters stated in the
warranties and representations set out in this Clause shall
form the basis of the Purchasers commitment to purchase the
Property. If any warranty or representation of the Vendors are
found incorrect or if any undertaking of the Vendors are not
carried out and/or if the Vendors shall fail to make full
disclosure to the Purchaser of any material particular
concerning the Property, then in such an event, the Purchaser
shall be entitled by notice in writing to elect to:
11.2.1
complete the purchase of the Property in which
event
the
Vendors
shall
indemnify
and
keep
the
Purchaser indemnified against all loss, damage, interest,

costs and expenses (including solicitors costs on a
solicitors and client basis) suffered or incurred by the
Purchaser in completion the purchase of the Property;
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OR
11.2.2
terminate this Agreement in which event the
provisions of Clause 18 shall apply but failure to exercise

this right shall not constitute a waiver of any other rights
of the Purchaser arising out of any breach of covenant,
representation or warranty.
12.
RELEASE OF PURCHASE PRICE

Upon receipt of the Receipt and Reassignment of the Property
from the Lender, if any, and upon presentation of the Form
14A in favour of the Purchasers and Memorandum of Charge
in favour of the Purchasers Financier for registration at the
Land Office concern and provided that the conditions of the
Purchasers
Loan
shall
have
been
complied
with,
the
Purchasers Solicitors shall release the Balance Purchase

Price less the Redemption Sum (if any) , Retention Sum (if
any) and all lawful deductions or payments within seven (7)
working days from the date of presentation of the relevant
documents for registration with the relevant land registry/office
failing which the Stakeholder is hereby irrevocably authorised
by the parties hereto to immediately release the Balance
Purchase Price to the Vendor.
13.
PAYMENT OF OUTGOINGS
13.1 The Vendors shall prior to the Completion Date or the

Extended Completion Date (as the case maybe) produce to the
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Purchaser the official receipts for the payment of all outgoings

including quit rent, assessments or other charges levied by
the relevant authorities and/or the Developer in respect of the
said Property up to the current period of such levy.
13.2 All quit rents, assessments rates; service and maintenances
charges and other similar outgoings shall be apportioned
between the parties hereto on the date of delivery of vacant
possession and all moneys due from one party to the other
shall be paid on the day of release of the Balance Purchase
Price or the remainder thereof to the Vendors. The water and
electricity deposits shall be paid by the Purchaser to the
Developer, the relevant authorities or the Vendors as the case
may be.
13.3 The Vendors shall pay for all other payments in respect of the
Property due to the relevant authorities including drainage
contribution
and
land
premium,
if
such
payments
are
applicable for the period prior the date of vacant possession.

13.4 The Purchaser shall within fourteen (14) days from the date of
delivery of vacant possession of the Property, individually
inform
all
the
relevant
local
authority/department
for,
including but not limited to, (a) quit rent; (b) assessment; and
(c) water, electricity and sewerage utilities, for the change of
ownership of the Property. The Vendors shall, as reasonably
necessary assist, provide any document and settle any
outstanding payment pertaining to the outgoings above
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accrued prior to the delivery of the vacant possession of the

Property in order to facilitate the Purchaser in performing the
foregoing matters. The parties agree that the Purchasers
Solicitors is not obliged to perform the foregoing matters.
13.5 The Purchaser shall indemnify the Vendors for any penalty
imposed by the relevant local authority/department onto the
Vendors if the penalty is imposed due to the Purchasers
failure to settle his outgoings for the period after the delivery
of vacant possession of the Property or failure to carry out his
obligation and likewise.
14.
GOVERNMENT ACQUISITION
14.1 The Vendors hereby warrant and represent to the Purchaser

that as at the date of execution of this Agreement the Vendors
have no knowledge of any intended acquisition of the Property
or any part thereof nor have any reason to believe that the
Property or any part thereof is subject to acquisition by any
governmental statutory urban or municipal authority or that
any advertisement in the Government Gazette of such
intention has been published to either Section 4 or Section 8
of the Land Acquisition Act, 1960.
14.2 Notwithstanding the warranty
or representation of
the
Vendors above, if the property or any part thereof is subject to

intended acquisition whether by notification or by publication
in the gazette or whether prior to or after the date of this
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Agreement but before the perfection of the assignment from

the Vendors to the Purchaser, the Vendors shall immediately
give
notice
to
the
Purchaser
of
such
notification
or
publication, whereupon the Purchaser shall be entitled by

notice to elect either to terminate this Agreement or to
complete the purchase of the Property. The provisions of this
clause shall not be deemed to be a waiver of the rights of the
Purchaser.
14.3 In the event that the Purchaser elect to terminate the sale and
purchase herein, the Vendors shall refund all monies within
fourteen (14) days of the date of receipt of the Purchasers
notice failing which the Vendors shall pay interest thereon at
the rate of eight (8%) per annum calculated on a daily basis
from the date of termination of this agreement to the date of
payment by the Vendors.
14.4 In the event that the Purchaser elects to complete the
purchase of the Property the Purchaser shall be entitled to all
compensation payable. The Vendors shall immediately notify
the relevant authority of the Purchasers interest in the
Property and shall do all acts and things as the Purchaser may
reasonably require at the cost of the Purchaser for the
purpose of obtaining the best compensation.
15.
VACANT POSSESSION
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15.1 The Vendors shall deliver vacant possession of the Property

(together with all complete sets of keys of the Property) to the
Purchaser or the Purchasers representative within five (5)
working days from the date of full payment of the Purchase
Price (together with late payment interest and the Purchasers
portion of outgoings, if any). In the event that the Vendors fail
to deliver vacant possession of the Property within the
aforesaid time, the Purchaser shall be entitled to elect either
of the following options:
15.1.1
the Vendors shall pay interest to the Purchaser at
the rate of eight per cent (8%) per annum calculated on

a daily basis on the Purchase Price from the next after
the expiry of the five (5) working days mentioned in
Clause 15.1 herein to the date the vacant possession is
actually delivered.
15.1.2
the above options shall not be construed to mean
that the Vendors shall be entitled to extension of time for

delivery of vacant possession.
15.2
The Vendor are also required to ensure that the

balcony, the wall from 2nd room and the other areas
which are leaking has been remedied and in a good
condition upon the time of delivery of the vacant
possession.
16.
SPECIFIC PERFORMANCE
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If the Vendors fail, omit and/or breach to complete the Sale

and Purchase herein, the Purchaser shall be entitled to take
such action in law as may be necessary to compel the Vendors
to compel specific performance of this Agreement to complete
the sale of the Property to the Purchaser. In addition, the
Purchaser shall be entitled to claim against the Vendors any
loss,
damage,
interest,
costs
and
expenses
(including
Solicitors costs on a Solicitor and client basis) suffered by the

Purchaser.
17.
CONSEQUENCES OF TERMINATION
17.1 The Vendors shall forthwith upon receipt of the Purchasers

notice of termination under Clause 11.2.2 or 16.1 above, pay
to the Purchaser a sum equivalent to the Deposit as liquidated
damages and refund to the Purchaser all monies paid by the
Purchaser (the liquidated damages and refund of monies paid
shall be referred to as the aforesaid sums) within fourteen
(14) working days from the date of receipt of the notice of
termination by the Vendors (the expiry of the said 14 days
period shall be referred to as Termination Date) failing
which the Vendors shall also pay to the Purchaser interest at
the rate of Eight per centum (8%) per annum on a daily basis
calculated from the Termination Date until the date of actual
refund.
17.2 Upon receipt of the aforesaid sums together with interest, if
any, the Purchasers Solicitors shall return to the Vendors
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within fourteen (14) working days of all documents forwarded

by the Vendors or Vendors Financier or their Solicitors with
the Vendors rights and interests intact, the withdrawal of any
caveat entered by the Purchaser and/or the Purchasers
Financier pursuant to this Agreement and redelivery of vacant
possession of the Property to the Vendors (if already
delivered.). Thereafter, neither party shall have any further
claims against the other (save and except for antecedent
breach) and the Vendors shall be entitled to resell the
Property without notice to the Purchaser in such manner as
the Vendors shall deem fit without having to account to the
Purchaser for any profit made on such resale.
18.
COSTS
18.1 The parties shall pay their respective solicitors the costs of
and incidental to the preparation and execution of this
Agreement and the Assignment of the Property but all stamp
duty and registration fees shall be borne and paid by the
Purchaser.
18.2 The Purchaser further agree to pay as and when required any
additional or excess stamp duty and/or penalty that may be
imposed by the Collector of Stamp Duty or such other
competent authority or authority or authorities in respect of
this Agreement and the Deed of Assignment.
18.3 The Vendors shall pay their own solicitors costs and
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disbursements in respect of the Receipt and Reassignment (if

any) and confirmation charge.
19.
DAMAGE OF PROPERTY
In the event that the Property is destroyed by fire, landslide or
other Act of God to such an extent that it is irreparable to a
habitable
condition
before
the
perfection
the
Deed
of
Assignment in favour of the Purchaser, the Purchasers shall

be entitled to rescind this Agreement by written notice to the
Vendors and the Vendors shall refund to the Purchaser all
monies paid under this Agreement within fourteen (14) days
of the date of the said notice.
20.
LEGAL PROCEEDINGS
The Vendors declare and warrant that there is no court
proceeding threatened or instituted against the Vendors or
affecting the Property of which it is aware or ought reasonably
to be aware and acknowledge that the Purchaser is entering
into this Agreement in reliance upon this declaration and
warranty.
21.
KNOWLEDGE AND ACQUIESCENE

Knowledge or acquiescence by either party hereto of or in any
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breach of any of the conditions or covenants herein contained

shall not operate as or be deemed to be waiver of such
conditions or covenants or any of them and notwithstanding
such knowledge or acquiescence each party hereto shall be
entitled
to
exercise
their
respective
rights
under
this
Agreement and to require strict performance by the other of

the terms and conditions herein.
22.
NOTICE / LEGAL SERVICE

22.1 Any notice, request or demand required to be served by
either party hereto
to the
other under the provisions of
this Agreement shall be in writing and
shall be deemed to
be sufficiently served to the other:

22.1.1
if any notice, request, demand or any legal process
sent by the party or its Solicitors by prepaid registered

or ordinary post to the respective address for service of
the parties hereinbefore mentioned or its Solicitors and
in such a case, it shall be deemed (whether it is actually
delivered or not) to have been duly served and duly
received by the party within five (5) working days from
the day it is posted; or
22.1.2
if it is dispatched by hand to the party or its
Solicitors, it shall be deemed to have been received

when receipt of the same is acknowledged by the party
to be served or its Solicitors on the duplicate of the
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notice, request or demand; or

22.1.3 if is sent by facsimile, it shall be deemed to have been
received when it ought in the ordinary course to have
been received by the party to whom it is intended and
subject to the sender possesses a transmission note.
Any changes of address by either party during the period of the
transaction of this Agreement shall be communicated to directly
each other or to his respective Solicitors and nothing done in
reliance to subsection 23.1.1 to 23.1.3 above, shall be effected or
prejudiced by any subsequent change in the address of service over
which the other party has no actual knowledge of the time the act
or thing was done or carried out.
23.
DEFINITIONS
23.1 In this Agreement where the context so admits:
23.1.1
Where there are two or more persons included in
the term the Vendors and/or the Purchaser their

liabilities under this Agreement shall be joint and
several;
23.1.2
Words importing the masculine gender shall be
deemed to include the feminine and neuter genders and

words importing the singular number shall include the
plural and vice versa; and
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23.1.3 Working days herein shall mean a day (other than a

Saturday, Sunday or Public Holiday) on which banks, licensed
to carry on banking business
under the provisions of the
Banking and Financial Institutions Act 1989,
are open for
business in Selangor and Wilayah Persekutuan Kuala Lumpur.

24.
TIME
Time wherever mentioned shall be the essence of the
contract.
25.
GENERAL
This Agreement shall be binding upon the respective heirs,
personal representatives and successors of the Vendors and
the Purchaser.
26.
AMENDMENT
No amendments and/or additions and/or alterations to the
provisions of this Agreement shall be binding or effective
unless reduced in writing and executed by all parties hereto.
27.
SEVERABILITY
Any term, condition, stipulation, provision, covenant or
undertaking in this Agreement which is illegal void prohibited
or unenforceable shall be ineffective to the extent of such
illegality, voidness, prohibition or unenforceability without
invalidating the remaining provisions hereof and any such
illegality, voidness, prohibition or unenforceability shall not
23
__________________________________________________________________________________________
Messrs xxxxxx

____________________________________________________________________________________________________
invalidate or render illegal, void or unenforceable any other

terms,
conditions,
stipulations,
provisions,
covenants
or
undertakings herein contained.
IN WITNESS WHEREOF the parties hereto have hereunto set

their respective hands the day and the year first above written.
SIGNED by the said Vendors
)
)
)
in the presence of:
SIGNED by the said Purchaser
in the presence of:
24
__________________________________________________________________________________________
Messrs xxxxxx

____________________________________________________________________________________________________
SCH E D U L E 1
(which shall be read and construed as an essential part of this
Agreement)
Section 1
Date of Agreement
Section 2
Vendor(s)
Address
Section 3
Purchaser(s)
Address
:
:
Section 4
Particulars of Property:
Section 5
Purchase Price
Ringgit Malaysia xxxxxxxxxxxx Only
25
__________________________________________________________________________________________
Messrs xxxxxx

____________________________________________________________________________________________________
Section 6
Manner of payment
: Simultaneously with execution of

the Agreement the Purchaser shall pay
sum of xxxxx being 10% Deposit of the
Purchase Price; and
The
Balance
of
Purchase
Price
xxxxxxxxx shall
amounting to
be paid to the Vendor(s) within three (3)

months from the date of this Agreement
or
from
the
Developers
date
receipt
Confirmation
of
the
(hereinafter
referred to as the Completion Date).

_______________________________________________________________________
Section 7
Balance Purchase Price
Ringgit Malaysia xxxxxxxxxxxxxx
Section 8
Completion Date
:
Three (3) months from the date of
this Agreement or from the date receipt
of
the
Developers
Confirmation
(whichever is later).
Section 9
26
__________________________________________________________________________________________
Messrs xxxxxx

____________________________________________________________________________________________________
Extended Completion Date :

the Completion
One (1) month from the expiry of

Date.
Section 10
Purchasers Solicitors
:
MESSRS xxxxxxxxxxxxxxxxx
(Advocates & Solicitors)
xxxxxxxxxxxxxx
Section 11
Time of delivery of
purchase price.
vacant possession
Upon
27
full
payment
of
balance
__________________________________________________________________________________________
Messrs xxxxxx

Sale and Purchase Agreement

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