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SALE AND PURCHASE AGREEMENT

THIS AGREEMENT is made the day of 2021

BETWEEN

NOREKHRAM BIN JASNI (NRIC NO.: 850730-03-6189) and NORULAIN BINTI


SEMAN (NRIC NO.: 860223-29-5302) of 75-03-26 Jalan Sentul, Tapak E, 51000 Bandar
Baru Sentul, WP Kuala Lumpur (hereinafter collectively referred to as “the Vendor”) of the
one part;

AND

WAN MAZITA BINTI WAN DIR (NRIC NO.: 880419-03-5308) of


_______________________________ (hereinafter referred to as “the Purchaser”) of the
other part.

WHEREAS:

A. Ownership: The Vendor is the registered owner of one (1) unit of Low Cost Flat as
A-5-04, Block A, Jalan Sejati 2C, Taman Selayang Sejati, 68100 Batu Caves,
Selangor Darul Ehsan measuring approximately 61 square metres in area
(hereinafter referred to as “the said Property”) erected on the leasehold land held
under Strata Title PN 53647/M1/5/50, No Bangunan M1, No Tingkat 5, No Petak
50 Lot No. 68989 Bandar Selayang, Daerah Gombak, Negeri Selangor
(hereinafter referred to as “the Strata Title”).

B. Restriction in Interest: It is hereby expressly acknowledged by the parties hereto


that the said Property is subject to the following Restriction in Interest: -

“Tanah yang diberi milik ini tidak boleh dipindahmilik, dipajak, atau digadai
melainkan dengan kebenaran Pihak Berkuasa Negeri”

C. Property Charged to Financial Institution: The Property is charged to RHB Bank


Berhad (hereinafter referred to as “the Vendors’ Financier”) as a security for a loan
granted by the Vendors’ Financier to the Vendor.

D. Agreement To Sell and Purchase: The Vendor has agreed to sell and the Purchaser
has agreed to purchase the said Property on an “as is where is” basis with vacant
possession free from all and any encumbrances, charges, claims, mortgages, liens,
caveats and equities whatsoever and but subject to all condition of the Strata Title and
restriction-in-interest whether express or implied affecting the same upon all the terms
and subject to all the conditions hereinbefore and to the terms and conditions
hereinafter contained in this Agreement.

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E. Application For Loan: The Purchaser will be applying to a bank or financial
institution (hereinafter referred to as “the Purchaser's Financier”) for a loan
(hereinafter referred to as “the said Loan”) to complete the purchase of the said
Property from the Vendor.

F. Certificate of Fitness For Occupation: The Certificate of Fitness for Occupation


has been issued.

G. Vendor’s Solicitors: In this transaction the Vendor is represented by MESSRS H.C.


TAN & ZAHANI, Advocates & Solicitors, No. 15-2, Jalan Cempaka SD 12/1,
Bandar Sri Damansara, 52200 Kuala Lumpur (hereinafter referred to as “the
Vendor’s Solicitors”).

H. Purchaser’s Solicitors: In this transaction the Purchaser is represented by MESSRS


YUSOF & CO, Advocates & Solicitors of Suite T2A-08-12, 3 Towers (Menara 3)
Jalan Ampang, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur
(hereinafter referred to as “the Purchaser’s Solicitors”).

NOW THIS AGREEMENT WITNESSETH as follows:

1. AGREEMENT TO SELL

1.1 In consideration of the sum of RINGGIT MALAYSIA ONE HUNDRED THIRTY


THOUSAND (RM130,000.00) only (hereinafter referred to as “the Purchase
Price”) the Vendor shall sell to the Purchaser and the Purchaser shall purchase from
the Vendor the said Property on an “as is where is” basis with vacant possession free
from all and any encumbrances, charges, claims, mortgages, liens, caveats and
equities whatsoever but subject to all condition of the Strata Title and restriction-in-
interest whether express or implied affecting the same upon all the terms and subject
to all the conditions hereinbefore and to the terms and conditions hereinafter
contained in this Agreement.

2. CONSIDERATION

2.1 Payment of the Purchase Price

(a) Payment of the Earnest Deposit: Prior to the execution of this Agreement,
the Purchaser has paid to the Vendor’s Agent, MAXXANREALTY SDN
BHD as stakeholder a sum of RINGGIT MALAYSIA THREE
THOUSAND NINE HUNDRED SEVENTY FIVE (RM3,975.00) only
(hereinafter referred to as “the Earnest Deposit”) (the receipt of which the
Vendor hereby acknowledges) as deposit and part payment towards the
account of the Purchase Price.

(b) Payment of the Balance Deposit: The Purchaser hereby agrees that upon the
execution of this Agreement, the Purchaser shall pay a sum of RINGGIT
MALAYSIA ONE THOUSAND AND TWENTY FIVE (RM1,025.00)
only (hereinafter referred to as “the Balance Deposit”) (the receipt of which

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the Vendor hereby acknowledges) to the Vendor which shall constitute the
deposit and part payment towards the Purchase Price

The aggregate of the Earnest Deposit and the Balance Deposit amounting to
RINGGIT MALAYSIA FIVE THOUSAND (RM5,000.00) only
(hereinafter referred to as “the Deposit”).

(c) Time of payment of the Balance Purchase Price: The Purchaser shall pay
to the Vendor’s Solicitors as stakeholders the balance of the Purchase Price in
the sum of RINGGIT MALAYSIA ONE HUNDRED TWENTY FIVE
THOUSAND (RM125,000.00) only (hereinafter referred to as “the Balance
Purchase Price”) within ninety (90) days from the Unconditional Date
(defined hereinbelow) (hereinafter referred to as “the Completion Date”).

(d) Extension of Time: In the event that the Purchaser is unable to pay the
Balance Purchase Price by the Completion Date, the Vendor hereby grant an
automatic extension of thirty (30) days from the date of expiry of the
Completion Date (hereinafter referred to as “the Extended Completion
Date”) SUBJECT TO payment by the Purchaser of late interest at the rate of
eight per centum (8%) per annum on such sum(s) of the Balance Purchase
Price outstanding calculated on a daily basis from the Completion Date until
the date of full payment of the same on or before the Extended Completion
Date, such late interests to be paid together with the Balance Purchase Price.

3. EXCLUDED DAYS

3.1 Notwithstanding any provisions to the contrary and upon fulfillment by the Purchaser
of all his undertaking, covenant and obligations, the following events which causes
the delay of the Purchaser’s settlement towards the Balance Purchase Price by the
Completion Date or the Extended Completion Date, as the case may be, then the time
in excess of the time period specified below shall be deemed as time extended in
favour of the Purchaser free of interest and shall not be taken into account in the
computation of the Completion Date or the Extended Completion Date, as the case
may be:-

(i) Vendor’s Undertaking To Refund:

Any delay in delivering to the Purchaser’s Financier’s Solicitors the Vendor's


Letter of Undertaking To Refund (hereinafter defined) in excess of seven (7)
days from the date of receipt of such request to the date of receipt of the same
by the Purchaser's Financier's Solicitors;

(ii) Vendor’s Financier’s Redemption Statement Cum Undertaking

Any delay in excess of fourteen (14) days from the date of request by the
Purchaser's Solicitors (in the event the Purchaser is not taking a loan) or the
Purchaser's Financier's Solicitors, as the case may be, for the Vendor’s
Financier’s Redemption Statement Cum Undertaking (hereinafter defined) to

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the date of receipt by the Purchaser's Solicitors or the Purchaser's Financier or
the Purchaser's Financier's Solicitors, the case may be, of the same;

(iii) Request for the Shortfall

Any delay in excess of seven (7) days fourteen (14) days from the
Purchaser’s request to the Vendor to settle the difference/shortfall in the
Redemption Sum (hereinafter defined) (if any) to the date of the Purchaser’s
Solicitors’ receipt of the said difference/shortfall;

(iv) Redeemed Documents

Any delay in excess of fourteen (14) days from the date of receipt by the
Purchaser’s Solicitors of the Redemption Sum to the date of receipt by the
Purchaser's Solicitors or the Purchaser's Financier's Solicitors, as the case may
be, of the Redeemed Documents, original Strata Title, a certified true copy of
the Vendor’s identity cards, certified true copies of the latest quit rent and
assessment receipts and all other documents/receipts incumbent upon the
Vendor to deliver for the purpose of presentation of the same free from
encumbrances at the land office/registry.

(v) Statutory Declaration

Any delay in delivering to the Purchaser’s Solicitors or the Purchaser’s


Financier’s Solicitors, as the case may be, the Vendor’s statutory declaration of
non-bankruptcy in form and substance satisfactory to the Purchaser’s Solicitors
or the Purchaser’s Financier in excess of seven (7) days fourteen (14) days
from the date of receipt of such request to the date of receipt of the same by the
Purchaser’s Solicitors or the Purchaser’s Financier’s Solicitors, as the case
may be;

(vi) Settlement of Outstanding Charges By The Vendor

Any delay in delivering to the Purchaser’s Solicitors or the Purchaser’s


Financier’s Solicitors, as the case may be, receipts of full settlement of all
outstanding charges by the Vendor in excess of seven (7) days fourteen (14)
days seven (7) days from the date of receipt by the Vendor of a written request
from the Purchaser's Solicitors or the Purchaser's Financier's Solicitors, as the
case may be, (whichever is earlier) to the date of receipt of the same by the
Purchaser’s Solicitors or the Purchaser's Financier's Solicitors, as the case may
be;

(vii) Vendor’s Documents

Any delay in delivering to the Purchaser’s Solicitors or the Purchaser’s


Financier’s Solicitors, as the case may be, the Vendor’s Documents (hereinafter
defined), a certified true copy of the Vendor’s identity card, certified true
copies of the latest quit rent, assessment and service charges receipts and all
other documents/receipts incumbent upon the Vendor to deliver for the purpose

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of transferring the said Property to the Purchaser free from encumbrances in
excess of seven (7) days fourteen (14) days from the date of receipt by the
Vendor’s Solicitor of the Balance Purchase Price (in the event the Purchaser is
paying the Balance Purchase Price by cash) OR in excess of seven (7) days
fourteen (14) days from the date of receipt by the Vendor’s Solicitor of the
Differential Sum and the Purchaser’s Financier’s Undertaking (in the event the
Purchaser is paying the Balance Purchase Price by using the said Loan) to the
date of receipt of the same by the Purchaser’s Solicitors or the Purchaser's
Financier's Solicitors, as the case may be;

(viii) Other Documents

Any delay in excess of seven (7) days fourteen (14) days from the date of
request by the Purchaser’s Solicitors or the Purchaser’s Financier’s Solicitors,
as the case may be, of certified copies of the latest quit rent and assessment,
service charges receipts for the said Property and any other confirmations
and/or documents and/or receipts incumbent upon the Vendor to deliver to the
date of receipt by the Purchaser’s Solicitors or the Purchaser’s Financier’s
Solicitors, as the case may be, of the same AND In the event either the
Vendor’s or the Purchaser’s Solicitors is unable to carry out the relevant
conveyancing matter which includes but not limited to the bank in releasing the
loan sum because of the Movement Control Order (MCO) or Conditional
Movement Control Order (CMCO) then the computation of the Completion
Date or Extended Completion Date shall be deemed automatically extended by
the number of days corresponding of such delay free of interest.

3.2 Save and except as expressly provided herein, in the event there is any other delay by
the Vendor in complying with any time period stipulated in this Agreement for the
performance any other of their undertakings, covenants and obligations or delivery of
any documents or receipts stipulated in this Agreement, then the time taken for the
Vendor to perform their obligations hereof in excess of the respective time frame
stipulated in this Agreement shall be excluded in the computation of the Completion
Date and the Completion Date shall be deemed automatically extended by the number
of days corresponding to such delay, free of interest.

3.3 In the event the Vendor fails to deliver to the Purchaser’s Solicitors or the Purchaser’s
Financier’s Solicitors the Vendor’s Documents or any other documents mentioned in
this Agreement within thirty (30) days from the date of the Vendor’s Solicitors’
receipt of the Balance Purchase Price or the Purchaser’s Solicitors’ or the Purchaser’s
Financier’s Solicitors’ written request, as the case may be, the Purchaser shall be
entitled to terminate this Agreement and Clause 10.2 shall apply mutatis mutandis
OR grant a further extension of time to the Vendor to procure the Vendor’s
Documents or the said documents mentioned in this Agreement subject to such delay
being excluded in favour of the Purchaser free of interest and shall not be taken into
account in the computation of the Completion Date or the Extended Completion Date,
as the case maybe, and subject to further terms and conditions as the Purchaser in its
absolute discretion decide.

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4 CONDITION PRECEDENT

4.1 Condition Precedent: The parties hereto agree that the sale and purchase herein is
subject to and conditional upon the Purchaser obtaining the Low Cost Consent to
Transfer from Lembaga Perumahan Hartanah Selangor (LPHS) (hereinafter referred
to as “the Low Cost Consent”) and the Vendor obtaining the State Authorities’
consent to transfer the said Property to the Purchaser (hereinafter referred to as “the
Consent to Transfer”).

(a) Time To Obtain: The parties hereto agree that the sale and purchase herein
shall be subject to and conditional upon the Purchaser obtaining the Low Cost
Consent from the LPHS to the transfer of the said Property from the Vendor
to the Purchaser within four (4) months from the date of this Agreement
(hereinafter referred to as “the Consent Period”). The Purchaser shall
automatically be entitled to a further period of two (2) months from the expiry
of the Consent Period (hereinafter called "the Extended Consent Period") to
obtain the Low Cost Consent. The Vendor shall obtain from the State
Authority the Consent to Transfer from Vendor to the Purchaser within three
(3) months from the date Purchaser’s Solicitors receipt of the Low Cost
Consent.

(b) Execution of Documents: The Parties hereby expressly and irrevocably


undertake to execute within fourteen (14) days from the date of this
Agreement all such documents and provide all such information as require for
the purpose of submitting the requisite application for Low Cost Consent and
the Consent to Transfer with the LPHS and State Authority, where applicable.
All costs, expense and registration fees relating to the Low Cost Consent shall
be borne and paid by the Purchaser solely whereas all costs, expense and
registration fees relating to the Consent to Transfer shall be borne and paid by
the Vendor.

(c) Low Cost Consent Rejected: If the Low Cost Consent is:

(i) rejected by the Lembaga Perumahan Hartanah Selangor (LPHS);


or

(ii) not approved by the LPHS within the Consent Period or as extended by
the Purchaser then, this Agreement shall terminate whereupon the
following shall ensue:

I. in the event that the Low Cost Consent is still not obtained at the
expiry of the Extended Consent Period not due to any reason
attributable to either the Vendor or the Purchaser and such reason
cannot be resolved within a period of two (2) weeks from the
expiry of the Extended Consent Period (hereinafter called "the
Remedy Period") and unless both parties shall have mutually
agreed to a further extension of time thereof, then, either party shall

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be entitled to terminate this Agreement by written notice and the
Vendor shall within ten (10) working days from the date of the
LPHS’s letter of rejection of the Low Cost Consent refund the
Deposit free of interest to the Purchaser failing which the Vendor
shall be liable to pay the Purchaser interest at the rate of eight per
centum (8%) per annum accruing thereon calculated from the date
of the requisite notice until the date of actual refund thereof unless
the Purchaser agreed to a further extension of time thereof;

II. the Purchaser shall upon receipt of the money referred to above
within seven (7) working days deliver or cause to be delivered to
the Vendor:

(aa) the relevant presentation receipt of the withdrawal of


the private caveat(s) (in the even such private caveat(s)
have been entered by the Purchaser on the said
Property);

(bb) the Memorandum of Transfer (hereinafter defined);

III. neither party shall have any further claim against the other on any
matter in respect of or arising out of this Agreement save and
except for any antecedent breach; and

IV. thereafter the Vendor shall be free to deal with the said Property in
whatsoever manner as it may as the absolute and unencumbered
owner deem fit, free of the Purchaser’s interest therein.

4.2 The Unconditional Date: This Agreement shall be unconditional upon the
Purchaser’s Solicitors’ receipt of the following documents and the occurrence of the
following:-

1) receipt of the original Low Cost Consent from LPHS;


2) receipt of the original Consent to Transfer in favour of the Purchaser from the
State Authority;

shall be deemed as the “Unconditional Date”.

4.4 All documents/undertakings required by the Purchaser and/or the Purchaser’s


Financier’s Solicitors shall be requested after the Unconditional Date or shall be
deemed requested after the Unconditional Date if such requests are received prior to
the Unconditional Date.
5. LOAN BY PURCHASER

5.1 Purchaser Not Obtaining Loan

In the event that the Purchaser shall be paying the Balance Purchase Price out of his
own funds, the Vendor hereto hereby irrevocably request, direct and authorize the
Vendor’s Solicitors to release to the Purchaser’s Solicitors the Vendor’s Documents

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(hereinafter defined), a certified true copy of the Vendor’s identity card, certified true
copies of the latest quit rent and assessment receipts and all other documents/receipts
incumbent upon the Vendor to deliver for the purpose of transferring the said Property
to the Purchaser free from encumbrances for presentation at the relevant land
office/registry upon receipt by the Vendor’s Solicitors as Stakeholders of the Balance
Purchase Price.
5.2 Purchaser Obtaining Loan

In the event that the Purchaser is obtaining the said Loan from the Purchaser's
Financier to pay the Balance Purchase Price, the Vendor shall deliver or cause to be
delivered to the Purchaser’s Solicitors or the Purchaser’s Financier’s Solicitors, as the
case may be, the Vendor’s Documents (hereinafter defined), a certified true copy of
the Vendor’s identity card, certified true copies of the latest quit rent and assessment
receipts and all other documents/receipts incumbent upon the Vendor to deliver for
the purpose of transferring the said Property to the Purchaser free from encumbrances
subject to the Vendor’s Solicitors receipt of the following:-

(i) the difference between the Balance Purchase Price and the said Loan
(hereinafter referred to as “the Differential Sum”) (if any) from the
Purchaser; and

(ii) the Purchaser’s Financier’s letter of undertaking addressed to the Vendor to


release the said Loan to the Vendor’s Solicitors as stakeholders on or before
the Completion Date or the Extended Completion Date, as the case may be
(hereinafter referred to as “the Purchaser’s Financier’s Undertaking”).

5.3 Vendor’s Undertaking

The Vendor shall within fourteen (14) days of request from the Purchaser’s
Financier’s Solicitors issue a written undertaking in favour of the Purchaser’s
Financier, undertaking to refund or cause to be refunded the said Loan, without
interest, in the event that the Memorandum of Transfer in favour of the Purchaser is
not or cannot be registered for any reason whatsoever resulting in the non- registered
of the charge in favour of the Purchaser’s Financier (hereinafter referred to as “the
Vendor's Letter of Undertaking To Refund”).

5A. REDEMPTION (IF ANY)

5A.1 Power to Redeem: The Vendor shall within fourteen (14) days upon receipt of the
request from the Purchaser’s Solicitors or the Purchaser’s Financier’s Solicitors obtain
from the Vendor’s Financier the redemption statement and letter of undertaking in
respect of the said Property, to be issued in favour of the Purchaser or the Purchaser’s
Financier, as the case may be and deliver the same to the Purchaser or the Purchaser’s
Financier’s Solicitors (hereinafter referred to as “the Vendor’s Financier’s
Redemption Statement Cum Undertaking”) containing, inter alia:

(a) the Vendor’s Financier’s statement as to the amount of the redemption sum
(hereinafter referred to as “the Redemption Sum”);

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(b) the Vendor’s Financier’s undertaking:

(i) to deliver to the Purchaser’s Solicitors or the Purchaser’s Financier’s


Solicitors the duly executed discharge of charge (Form 16N) together
with:

(a) the Redeemed Documents;

(b) All other documents (if any) as may be necessary for the
registration of the discharge of charge; and

(ii) to refund the Redemption Sum to the Purchaser’s Financier in the


event that the discharge of charge (Form 16N) is not or cannot be
registered for any reason whatsoever.

5A.2 Redemption

(a) Time To Deliver Redeemed Documents By Vendor’s Financier: Subject to


the Purchaser having paid to the Purchaser’s Solicitors the Differential Sum,
the Purchaser shall before the Completion Date or the Extended Completion
Date instruct the Purchaser’s Financier to pay the Vendor’s Financier the
Redemption Sum and the Vendor shall cause the Vendor’s Financier to deliver
to the Purchaser's Solicitors or the Purchaser’s Financier’s Solicitors the
Redeemed Documents within fourteen (14) days from the date of receipt by
the Purchaser’s Solicitors of the Redemption Sum.

(b) Vendor to Top Up Difference, if any: In the event that the Redemption Sum
of the said Property is more than the Balance Purchase Price, the Vendor shall
deposit with the Purchaser’s Solicitors within seven (7) days from the date of
the Purchaser’s Solicitors’ written notice such portion of the difference
between the Balance Purchase Price and the Loan and the Purchaser’s
Solicitors shall be authorized to forward the said difference to the Vendor's
Financier.

6. DOCUMENTS

6.1 Delivery of Documents

(a) Upon execution of this Agreement, the Vendor shall deliver or cause to be
delivered to the Purchaser’s Solicitors the following documents:

(i) the Memorandum of Transfer in favour of the Purchaser duly executed


by the Vendor (hereinafter referred to as “the Memorandum of
Transfer”);

(ii) A clear photocopy of the Strata Title together with the layout plan;

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(iii) A certified true copy of the latest duly paid quit rent (petak) receipt for
the current year together with the receipts from the management office
being payment for the service charges and all other lawful dues;

(iv) A certified true copy of the latest duly paid assessment receipt for the
current period;

(v) A certified true copy of the Identity Cards of the Vendor;


(vi) all other documents pertaining thereto for the purpose of presentation
of the Memorandum of Transfer in favour of the Purchaser free from
encumbrances for registration at the relevant land office/registry (if
applicable)

6.2 Adjudication of Memorandum of Transfer

The Purchaser’s Solicitors are hereby authorized by the parties herein to submit the
Memorandum of Transfer to the Collector of Stamp Duty solely for the purpose of
adjudication and stamping thereon at the appropriate time.

6.3 Time To Release Documents

The Purchaser’s Solicitors is hereby authorize to present the Memorandum of


Transfer for presentation at the land office/registry upon the Vendor’s Solicitors’
receipt of the Balance Purchase Price if the Purchaser is paying the Balance Purchase
Price by utilizing his own funds OR to release to the Purchaser’s Financier’s
Solicitors the Memorandum of Transfer after the date of receipt by the Vendor’s
Solicitors of the Differential Sum and the Purchaser’s Financier’s Undertaking.

7. CAVEAT

7.1 Lodgment of Private Caveat by Purchaser: At any time after the payment of the
Balance Deposit by the Purchaser to the Vendor, the Purchaser or the Purchaser’s
Financier shall be entitled at his/their own cost and expense to present and register or
cause to be presented and registered a private caveat against the said Property for the
purpose of protecting the Purchaser’s or the Purchaser’s Financier interest in the said
Property and prohibiting any dealing by the Vendor in the said Property prior to the
completion or lawful termination of this Agreement PROVIDED THAT the
Purchaser shall execute the Withdrawal of Private Caveat Form and deposit the same
together with the legal fees and registration fees for the withdrawal of the private
caveat with the Purchaser’s Solicitors.

7.2 Withdrawal of Private Caveat by Purchaser: The Purchaser shall cause the
Purchaser’s Solicitors to forthwith withdraw the private caveat upon lawful
termination of this Agreement at the Purchaser's own cost and expense.

7.3 Vendor’s Removal of Encumbrances: The Vendor shall within seven (7) days
from the date of the Vendor’s receipt of the Purchaser’s written request, at his own
cost and expense cause all encumbrances (if any) (excluding Private Caveat lodged
by the Purchaser or the Purchaser’s Financier or anybody claiming under or through

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the Purchaser) against the said Property, if any, to be removed on or before the expiry
of the said seven (7) days. If the Vendor fails to remove such encumbrance as
mentioned then the time in excess of the time period specified above shall be deemed
to be time extended in favour of the Purchaser free of interest and shall not be taken
into account in the computation of the Completion Date or the Extended Completion
Date, as the case may be or unless the Purchaser have mutually agreed to give a
further extension of time thereof PROVIDED ALWAYS if the Vendor fails to
remove such encumbrance as mentioned after the expiry of fourteen (14) days from
the said notification, the Purchaser shall be entitled to terminate this Agreement and
Clause 10.2 shall apply mutatis mutandis.

8. RELEASE OF BALANCE PURCHASE PRICE

The Balance Purchase Price shall be released by the Vendor’s Solicitors to the Vendor
in the following manner:-

a. the Differential Sum shall be held by the Vendor’s Solicitors as stakeholders and
to be released to the Vendor together with the Balance Purchase Price;

b. to pay all outgoings fees charges expenses and other payments, if any, payable by
the Vendor by virtue of these presents;

c. to retain such sum as required by the Director General of Inland Revenue Board
for the purpose of real property gains tax (if applicable) if the Retention Sum is
insufficient to pay the said real property gains tax;

d. the residue of the Balance Purchase Price (less the Retention Sum, if any) shall be
released by the Vendor’s Solicitors to the Vendor after the expiry of fourteen (14)
days from the date of presentation of the Memorandum of Transfer, the original
Strata Title and all other documents at the relevant land office/registry for
presentation of transfer by the Purchaser’s Solicitors or Purchaser’s Financier’s
Solicitors (as the case may be) provided vacant possession has been delivered to
the Purchaser in accordance to Clause 9.1 hereof.

9. DELIVERY OF VACANT POSSESSION

9.1 Vacant Possession : Vacant possession of the said Property shall be delivered by the
Vendor to the Purchaser within four (4) working days of the receipt by the Vendor’s
Solicitors of the Balance Purchase Price and the late payment interest referred to in
Clause 3.1 (d) above (if any) and the apportioned outgoings payable by the Purchaser
pursuant to Clause 11.2 failing which the Vendor shall pay the Purchaser late delivery
interest calculated at the rate of eight per centum (8%) per annum on the Purchase
Price on a daily basis commencing from the expiry of the due date for delivery of
vacant possession until the actual date of delivery of vacant possession PROVIDED
that the Vendor has forwarded all outgoing receipts to the Purchaser’s Solicitors on the
next working day of the Vendor’s Solicitors’ receipt of the Balance Purchase Price,
failing which the Vendor shall deliver vacant possession to the Purchaser upon the
Vendor’s Solicitors receipt of the Balance Purchase Price and the late payment interest
within the due date stipulated herein.

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9.2 Local Authority: Upon the completion of this transaction the parties Purchaser
hereto shall thereafter deal with and notify in the prescribed form the local
government and utility agencies on all matters pertaining to accounts in order to
reflect the change of ownership of the said Property and that both the Purchaser’s or
Vendor’s Solicitors are not obliged to render assistance in the said matter herein.

9.3 Inspection of Property: The Purchaser have prior to the execution of this
Agreement inspected and examined the state and condition of the said Property and is
satisfied with its state and condition thereto. The Vendor shall deliver vacant
possession of the said Property to the Purchaser in substantially the same state and
condition as at the date of the said inspection and examination (fair, wear and tear
excepted).

10. DEFAULT

10.1 Default By The Purchaser: If the Purchaser shall fail to pay the Balance Purchase
Price and/or fail to perform or fulfill any of the other material obligations of the
Purchaser under this Agreement provided the Vendor shall have complied all terms
and conditions on his part to be observed herein, the Vendor shall be entitled to the
following remedies:

(a) the Vendor shall be at liberty to terminate this Agreement by giving a written
notice to the Purchaser and deal with or otherwise dispose of the said Property
in such manner as it shall see fit as if this Agreement had not been entered into;
and

(b) all monies previously paid by the Purchaser to the Vendor hereunder shall be
dealt with and disposed of as follows:

(i) firstly, the Deposit shall be forfeited in favour of the Vendor absolutely
as agreed liquidated damages without the need of the Vendor to prove
actual loss; and

(ii) secondly, the residue thereof (if any) shall be refunded to the Purchaser
free of interest within seven (7) days of the written termination of this
Agreement failing which the Vendor shall pay to the Purchaser interest
at the rate of eight per centum (8%) per annum on the outstanding
sum accruing thereon calculated on a daily basis from the expiry of the
aforesaid period until the date of actual refund thereof; and

(c) upon receipt of the monies referred to in Clause 10.1 (b) (ii) from the Vendor,
the Purchaser shall simultaneously exchange and return to the Vendor:

(aa) the Vendor’s Documents with the interest of the Vendor intact [if the
same had previously been released to them in accordance with this
Agreement];

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(bb) the Memorandum of Transfer (if the same is not required for
cancellation of the ad valorem stamp duty);

(cc) re-deliver vacant possession of the said Property to the Vendor (if the
same has been delivered to the Purchaser) in the same state and
condition as at the date of delivery of vacant possession without
compensation; and

(dd) a valid and registrable withdrawal of the private caveat duly executed
by the Purchaser and/or the Purchaser's Financier together with the
requisite registration fees (in the event such private caveat has been
entered by the Purchaser and/or the Purchaser's Financier on the said
Property); and

(d) neither party hereto shall have any further claim whatsoever save and except
for any antecedent breach.

10.2 Default by the Vendor: In the event of any material breach by the Vendor of any of
the provisions of this Agreement and/or in the event of the Vendor refusing or failing
to transfer the said Property to the Purchaser free from all encumbrances in
accordance with the provisions of this Agreement and provided the Purchaser shall
have complied all terms and conditions on his part to be observed herein, then it is
hereby agreed between the parties hereto that the Purchaser shall be entitled to either:

(a) terminate this Agreement by written notice to the Vendor whereupon:

(i) all whatsoever monies paid hereunder including the Deposit shall be
refunded to the Purchaser free of interest within seven (7) days of
receipt of the Purchaser’s or the Purchaser’s Solicitor written notice of
termination of this Agreement failing which the Vendor shall pay to
the Purchaser interest at the rate of eight per centum (8%) per annum
on the outstanding sum accruing thereon calculated from the expiry of
the aforesaid period until the date of actual refund thereof; and

(ii) a sum equivalent to the Deposit shall be paid by the Vendor to the
Purchaser as agreed liquidated damages without the need of the
Purchaser to prove actual loss failing which the Vendor shall pay to the
Purchaser interest at the rate eight per centum (8%) per annum on the
outstanding sum accruing thereon calculated from the expiry of the
aforesaid period in Clause 10.2 (a) (i) until the date of actual payment
thereof; and

(iii) upon receipt of the monies referred to in Clause 10.2 (a)(i) and (a)(ii)
above, the Purchaser shall simultaneously exchange and return to the
Vendor:

(I) the Vendor’s Documents with the interest of the Vendor intact
[if the same had previously been released to them in accordance
with this Agreement];

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(II) the Memorandum of Transfer (if the same is not required for
cancellation of the stamp duty);

(III) re-deliver vacant possession of the said Property to the Vendor


(if the same has been delivered to the Purchaser) in the same
state and condition as at the date of delivery of vacant
possession without compensation; and

(IV) a valid and registrable withdrawal of the private caveat duly


executed by the Purchaser and/or the Purchaser's Financier
together with the requisite registration fees (in the event such
private caveat has been entered by the Purchaser and/or the
Purchaser's Financier on the said Property); and

(iv) neither party shall have any further claim against the other save and
except for any antecedent breach; and

(v) the Vendor shall be free to deal with the said Property in whatsoever
manner as it may as the absolute and unencumbered owner deem fit,
free of the Purchaser’s interest therein.

OR

(b) specific performance of this Agreement and all reliefs flowing therefrom.

10.3 Non-registration of documents: In the event that all or any of the relevant
documents necessary for effecting registration of the transfer of the said Property in
favour of the Purchaser free from all charges, liens and/or encumbrances and caveats
whatsoever nature is not or cannot be registered for any reason whatsoever save and
except where there is any default, neglect, omission or blameworthy conduct on the
part of the parties hereto:

(i) all whatsoever monies paid hereunder including the Deposit shall be refunded
to the Purchaser free of interest within seven (7) days of receipt of the
Purchaser’s or the Purchaser’s Solicitor written notice of termination of this
Agreement failing which the Vendor shall pay to the Purchaser interest at the
rate of eight per centum (8%) per annum on the outstanding sum accruing
thereon calculated from expiry of the aforesaid period until the date of actual
refund thereof; and

(ii) simultaneously in exchange for the monies referred to above the Purchaser
shall return to the Vendor:

(I) the Vendor’s Documents with the interest of the Vendor intact [if the
same had previously been released to them in accordance with this
Agreement];

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(II) the Memorandum of Transfer (if the same is not required for
cancellation of the stamp duty);

(III) re-deliver vacant possession of the said Property to the Vendor (if the
same has been delivered to the Purchaser) in the same state and
condition as at the date of delivery of vacant possession without
compensation; and

(IV) a valid and registrable withdrawal of the private caveat duly executed
by the Purchaser and/or the Purchaser's Financier together with the
requisite registration fees (in the event such private caveat has been
entered by the Purchaser and/or the Purchaser's Financier on the said
Property); and

(iii) neither party shall have any further claim against the other save and except for
any antecedent breach; and

(iv) the Vendor shall be free to deal with the said Property in whatsoever manner
as it may as the absolute and unencumbered owner deem fit, free of the
Purchaser’s interest therein.

11. APPORTIONMENTS

11.1 The Vendor shall be responsible to pay all rates, water, electricity, sewerage charges,
quit rent, assessments and other outgoings payable in respect of the Property prior to
the date of delivery of vacant possession.

11.2 All rates, water, electricity, sewerage charges, quit rent, assessments, service charges
and other lawful outgoings payable in respect of the said Property shall be paid by the
Purchaser after the date of date of vacant of possession. Such outgoings shall be
apportioned between the parties hereto as at the date of delivery of vacant possession.
The Purchaser shall upon receipt of the copies the latest billings and official receipts
of such outgoings and deposits, pay and reimburse to the Vendor the Purchaser’s
portion of such outgoings and charges.

11.3 The Vendor hereby irrevocably agree to indemnify and keep the Purchaser
indemnified against all loss damages fines penalties arising from any late payments of
any outgoings by the Vendor to the developer or management office or utility
provider as the case may be and pertaining to the said Property.

12. COMPULSORY ACQUISITION

12.1 Property not subject to government acquisition.

The Vendor warrants and undertakes to the Purchaser that to the best knowledge of
the Vendor the said Property or any part thereof has not been acquired or is subject to
acquisition or intended acquisition by any governmental statutory urban municipal or
other authority or that any advertisement in the Government Gazette of such intention

15
has been published pursuant to either Section 4 or Section 8 of the Land Acquisition
Act, 1960.

12.2 Notice Served Between the Date of Agreement and the Date of Presentation for
Registration

In the event that the Vendor shall be served with any such notice of acquisition at any
time between the date of this Agreement and the date of presentation for registration
of the Memorandum of Transfer and all other relevant transfer documents at the
relevant Land Office/Registry, the Vendor shall forthwith notify the Purchaser of any
such acquisition or intended acquisition and it is hereby agreed that the Purchaser
shall within seven (7) days of receipt of the Vendor’s notice be entitled at the
Purchaser’ sole discretion by notice in writing to the Vendor:-

(a) To Continue With The Agreement: to continue with this Agreement


whereupon all moneys payable by way of compensation by the governmental
statutory urban municipal or other statutory urban municipal or other authority
shall belong to the Purchaser PROVIDED THAT the Purchase Price has been
fully paid by the Purchaser to the Vendor. The Vendor hereby agrees to hold
such compensation on trust for the Purchaser in the event such compensation
is paid by the appropriate authorities to the Vendor and to pay to the Purchaser
within seven (7) days from the Vendor’s receipt of said compensation from
the appropriate authorities failing which the Purchaser is entitled to claim from
the Vendor interest at the rate of eight per centum (8%) per annum on the
outstanding amount accruing thereon calculated on a daily basis from the date
of the requisite notice until the date of actual payment thereof;

OR

(b) To Terminate This Agreement: to terminate Agreement whereupon the


provisions of Clause 10.3 in relation to termination shall apply mutatis
mutandis.

12.3 Notice Served After the Presentation For Registration

In the event that the Vendor shall be served with any such notice of acquisition or
intended acquisition at any time after the presentation for registration of the
Memorandum of Transfer and all other relevant transfer documents at the relevant
land registry, such acquisition or intended acquisition shall not nullify or invalidate
this Agreement nor shall it be a ground for any adjustment of the Purchase Price and
all moneys payable by way of compensation by the governmental statutory urban
municipal or other authority shall belong to the Purchaser provided that the Purchase
Price has been fully settled to the Vendor.

13. SEVERABILITY

If any provision of this Agreement herein contained or part thereof or any document
incorporated hereto is rendered void, illegal or unenforceable for whatever reason in
any respect under any law, it is hereby declared that such clause or document so

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affected shall not in any way affect or impair the validity, legality or enforceability of
the other terms or provisions herein contained which shall remain in full force and
effect provided that such invalidity or unenforceability shall not substantially nullify
the underlying intent of this Agreement and shall be deemed to be an independent
provision and the parties hereto shall be at liberty to have such provision severed from
the rest of this Agreement.

14. KNOWLEDGE OR ACQUIESCENCE

Knowledge or acquiescence by either party hereto of or in breach of any of the terms,


conditions or covenants herein contained shall not operate as or be deemed to be a
waiver of such terms, 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, conditions and covenants herein.

15. COSTS AND FEES

Cost of the Sale and Purchase Agreement: Each party hereto shall bear their own
solicitors’ costs in the preparation of this Agreement but the ad valorem stamp duty
and the registration fee on the Memorandum of Transfer shall be borne by the
Purchaser.

16. TIME IS OF THE ESSENCE

Time in respect of all acts and payments wherever and whenever mentioned shall be
of the essence of this Agreement both as regards the dates and period specifically
mentioned and as to any dates and period which may be agreed in writing between the
parties to be substituted for them.

17. DAMAGED BY FIRE, ETC.

17.1 Damage by fire, etc.: In the event before the delivery of vacant possession of the
Property to the Purchaser, the Property or any part thereof shall be substantially
destroyed or damaged by fire and/or any other cause(s) so as to become unfit for
occupancy, it is hereby expressly agreed that the parties hereto shall be entitled
unilaterally to rescind this Agreement by written notice whereupon the Vendor shall
on demand forthwith refund to the Purchaser the Deposit and all whatsoever monies
paid herein, free of interest, in any event not exceeding seven (7) days upon receipt of
written notification thereof failing this Agreement shall become null and void and
Clause 10.3 shall apply mutatis mutandis and neither party shall have any claim
against the other.

18. RISKS

18.1 The parties hereto hereby agree that all risks of the said Property shall pass to the
Purchaser only upon delivery of vacant possession of the said Property to the

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Purchaser and in the event the said Property is deteriorated from its present state (fair
wear and tear excepted), the Vendor agrees to do good of the same and if the Vendor
fails to do so the Vendor hereby agrees to indemnify the Purchaser or to allow the
Purchaser to contra the said sum from the Balance Purchase Price and the Vendor’s
Solicitors are hereby authorized to deduct the same.

18.2 Insurance: The risk and the benefit of any insurance on the Property shall remain
with the Vendor until the date of handing over of vacant possession whereupon the
risk shall pass to the Purchaser. The Purchaser shall be responsible for arranging
insurance coverage on the Property with effect from the date of handing over of
vacant possession.

19. REAL PROPERTY GAINS TAX

19.1 The parties hereto shall individually notify the Director General of Inland Revenue
(hereinafter referred to as “the DGIR”) of this transaction under the prescribed forms
within sixty (60) days from the date of the Consent to Transfer and that each party shall
individually do all acts executed all letters supply all information to the DGIR as may
necessary under the Real Property Gains Tax (Exemption) Order 2009 (or any
amendments or modifications made from time to time) in order to procure obtain and
secure the relevant Certificate of Clearance of Assessment from the relevant authorities.

19.2 In the event the Vendors has acquired the said Property for a period of more than five
(5) years, the Vendors shall execute CKHT 3 Form upon execution of the Consent to
Transfer and deposit a copy of the CKHT 3 Form together with all necessary documents
related to the filing of the CKHT 3 Form with the Purchaser’s Solicitors within thirty
(30) days from the date of this Agreement.

19.3 The Vendors hereby irrevocably agree and covenant with and undertake to the
Purchaser to pay any real property gains tax that may be payable by the Vendors in
respect of the disposal and sale of the said Property to the Purchaser and shall keep the
Purchaser fully indemnified in respect thereof.
19.1 The parties hereto hereby expressly agree, covenant and undertake with each other
that, each party shall individually notify the Director General of Inland Revenue in the
prescribed form of the acquisition and disposal (as the case may be) of the said
Property within sixty (60) days from the date hereof and further that each party shall
execute or cause to be executed all forms, or instruments and furnish all information
necessary for obtaining the relevant Certificate of Clearance or the Certificate of
Exemption, as the case may be.

19.2 The parties hereby covenant and agree that no portion of the Purchase Price shall be
remitted to the Director General of Inland Revenue in accordance with Section 21B of
the Real Property Gains Tax Act 1976 and the Finance (No. 2) Act 2017 in view of
the disposal price is lower than the acquisition price resulting a loss on the part of the
Vendor(s) in respect of the disposal of the Property. (Kindly let us have a copy of
Vendor’s previous SPA to confirm)

19.3 The parties hereby acknowledge and confirm that:

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(a) the Purchaser(s)’ Solicitors are not required to hold any part of the Deposit as
the retention sum to the Director General of Inland Revenue; and

(b) the Vendor(s) shall forward to the Purchaser(s)’ Solicitors a copy of the form
CKHT 3 duly executed by the Vendor(s) together with the Vendor(s)’ income
tax number and the filing branch of the Vendor(s)’ income tax office within
thirty (30) days from the date of this Agreement.

19.4 Notwithstanding Clauses 9.2 and 9.3 above, the Vendor(s) shall at all times indemnify
and keep the Purchaser(s) and the Purchaser(s)’ Solicitors fully indemnified and save
harmless against all whatsoever liability, losses, claims, assessment, demand,
damages, proceedings, costs and expenses by reason of or in connection with any late
or non-payment of the tax payable (if any) by the Vendor(s) which may be imposed
by the relevant tax authority (if any) in respect of the real property gains tax payable
for the disposal of the Property by the Vendor(s) including the payment of any
whatsoever fines and/or penalties which may be imposed thereon.

19.5 Pursuant to the Short Term Economic Recovery Plan beginning June 2020, RPGT
exemption shall apply for disposal of residential homes from 1 st June 2020 to 31st
December 2021 (This exemption is limited to the disposal of three units of residential
homes per individual), and based of the above, the parties hereby agree that the
Purchaser’s Solicitors shall not retain the Retention Sum for payment of RPGT in
respect of the said Property, the Vendor shall however undertake to obtain a
Certificate of non-chargeability issued by the DGIR PROVIDED ALWAYS that the
Vendor or the Vendor(s)’ Solicitors shall within thirty (30) days from the date of this
Agreement furnish to the Purchaser’s Solicitors a duly completed and executed
CKHT 3 Form for the submission to DGIR.

20. REPRESENTATIONS AND WARRANTIES

20.1 The Vendor covenants, undertakes, warrants and represents to and with the Purchaser
that:

(a) the recitals and all other information given by the Vendor are true and
accurate;

(b) the Vendor is the registered owner of the said Property and has full power and
authority to sell the said Property;

(c) the said Property is not in any way whatsoever affected by the interests (if
any) claimed by any third party (save as stated herein this Agreement) and is
free from all encumbrances save for those made known herein and no
impediment exists which would impede or obstruct the transfer of the said
Property;

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(d) the Vendor has not at any time prior to and up to the date hereof entered into
any agreements or arrangements, whether in writing or otherwise for the sale
or disposal of the said Property to any person or corporation, body corporate
or unincorporated nor granted any option or the right of first refusal, whether
written or otherwise in favour of any person, firm, corporation, body corporate
or unincorporated for the purchase of the said Property which is still valid and
not been terminated;

(e) no litigation, arbitration or administrative proceedings are presently current or


pending or threatened against the Vendor which default, litigation, arbitration
or administrative proceedings, as the case may be, might materially affect the
Vendor’s ability to perform the Vendor’s obligations under this Agreement or
frustrate the completion of the transaction hereunder;

(f) that this Agreement constitutes the legal, valid and binding obligations of the
Vendor and enforceable against the Vendor in accordance with the terms and
conditions contained herein;

(g) that there are no other party or parties with any valid or legal claim, interest or
benefit in the said Property or any part thereof save as stated herein;

(h) the Vendor have not granted any power of attorney to any person, corporation
or body corporate or unincorporated in respect of the said Property which is
still subsisting save as disclosed herein;

(i) the Vendor shall not hereafter deal with or encumber the said Property in any
way or do or suffer to be done or commit any act or thing which may render
the said Property or any part thereof liable to forfeiture or attachment or which
shall contravene provisions of any existing legislation or requirements up to
the date of full payment of the Balance of the Purchase Price;

(j) no bankruptcy or winding up proceedings, as the case may be have been


commenced against the Vendor as at the date hereof;

(k) there is no current order for sale or foreclosure proceedings or prohibitory


order made over the said Property, as the case may be that might affect the
Vendor’s ability to perform the Vendor’s obligations under this Agreement;

(l) the Vendor shall pay all quit rent, assessment, electricity, water, sewerage,
service charges and other outgoings in respect of the said Property for the
period prior to the date of receipt of the Balance of the Purchase Price by the
Vendor’s Solicitors, as stakeholders;

(m) upon execution of this Agreement and save and except with the consent of the
Purchaser in writing, the Vendor shall not sell, transfer, charge, lease, agree to
lease or let the said Property or any part or parts thereof;

20
(n) the Vendor further undertakes and agree to indemnify and keep the Purchaser
indemnified from and against all actions, losses, claims, proceedings, costs,
demands and liabilities including legal fees on a solicitor client basis which
may be suffered or incurred by the Purchaser by virtue of the breach of any of
the warranties and representations set out herein;

(o) that there are no material facts and circumstances in relation to the said
Property or any part thereof within the knowledge of the Vendor which have
not been fully disclosed to the Purchaser and which if disclosed might
reasonably have been expected to affect the decision of the Purchaser to enter
into this Agreement.
20.2 Remedy for Breach of Representations

The truth and correctness of the matters stated in the representations and warranties as
set out shall form the basis of the Purchaser’s commitment to purchase the said
Property in accordance with the provisions of this Agreement. If any such
representation or warranty shall at any time hereafter be found to have been incorrect
in any material aspect at the date of this Agreement then and in such event and
notwithstanding anything to the contrary herein contained the Purchaser shall have the
right at their absolute discretion to terminate this Agreement and the following
consequences shall ensue whereby the Vendor shall within fourteen (14) days from
the date of written notification of such termination from the Purchaser or the
Purchaser’s Solicitors, refund to the Purchaser all whatsoever monies paid by the
Purchaser to the Vendor free of interest and the provisions of Clause 10.2 in relation
to termination shall apply mutatis mutandis.

20.3 Survival

Each representation and warranty shall survive the completion of this Agreement and
shall be deemed to have been reiterated as at the Completion Date or the Extended
Completion Date, as the case may be.

21. BINDING EFFECT

This Agreement shall be binding upon the respective heirs, personal representatives,
successors-in-title, nominees and permitted assigns of each of the parties hereto.

22. NOTICE

Any notice request or demand required to be served by either party hereto on the other
under the provisions of this Agreement shall be in writing and shall be deemed to be
sufficiently served and delivered if it is given by any party hereto by registered post
addressed to the party to be served at his/their address herein mentioned or at his/their
last known place of residence/address in Malaysia and in such case it shall be deemed
(whether it is actually delivered or not) to have been received at the time when such
registered post would in the ordinary course of post be delivered.

23. RIGHTS AND REMEDIES

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The rights and remedies in this Agreement are cumulative, and are not exclusive of
any rights or remedies of the parties provided at law, and no failure or delay in the
exercise or the partial exercise of any such right or remedy or the exercise of any
other right or remedy shall affect or impair any such right or remedy.

24. INTERPRETATIONS

24.1 In this Agreement, unless there is something in the subject or context inconsistent
with such construction or unless it is otherwise expressly provided:

(a) The words “hereof”, “herein”, “hereon” and “hereunder” and words of
similar import, when used in this Agreement, shall refer to this Agreement as
a whole and not to any particular provision of this Agreement.

(b) Where the context otherwise requires, words importing the singular number
include the plural number and vice versa and words denoting one gender shall
include all other genders.

(c) The table of contents, headings and sub-headings to the clauses hereof shall
not be deemed to be a part thereof or be taken into consideration in the
interpretation or construction thereof or of this Agreement.

(d) References to any statute or legislation include any statutory modification or


re-enactment thereof.

(e) Any reference to this Agreement or any other agreement or deed or document
shall be construed as a reference to this Agreement or, as the case may be,
such other agreement or deed or document, as the same may be or have been,
or may from time to time be amended, varied or supplemented.

(f) If any period of time is specified from a given day, or the day of a given act or
event, it is to be calculated exclusive of that day and if any period of time falls
on a day, which is not a business day, then that period is to be deemed to only
expire on the next business day. A business day shall be a day which is not a
Saturday, Sunday or Public Holiday for the State of Wilayah Persekutuan.

(g) The Recitals and the First Schedule (if any) to this Agreement shall have
effect and be construed as an integral part of this Agreement.

25. RESTRICTION OF MOVEMENT ORDERS

25.1 In the event that the Government shall impose a Restriction Of Movement Order
(RMO) or Movement Control Order (MCO) or Conditional Movement Control Order
(CMCO) or Recovery Movement Control Order (RMCO) or any Order under
Prevention And Control Of Infectious Diseases (Measures Within The Local Areas)
Regulation 2020 or Prevention And Control Of Infectious Act 1988 or the Police Act
or any of such Order/Act/Regulation of the same kind within the said Completion
Date and Extended Completion Date, as the case maybe that results:-

22
a) to the closure of offices essential to the completion of this sale transaction for
more than three (3) consecutive working days; and/or

b) The inability to proceed the sale transaction by the parties herein including the
financial institution, land office, stamping office, the solicitors’ ie the relevant
land registry/office has taken more than five (5) consecutive working days from
the date of application to issue the land search, presentation receipt for private
caveat, memorandum of transfer, charge and/or any dealings with the Property
thereby preventing the stamping and/or presentation and/or adjudication of the
Transfer and Charge due to the said restriction condition set forth by the said
Order.

25.2 Then the parties herein agree the Completion Date and the Extended Completion Date
shall be automatically extended interest free upon the expiry of the said three (3) or
five (5) consecutive working days as the case maybe and resume later once the
relevant financial institution, land office, stamping office, and/or solicitors’ office
resume their operation (applicable to Clause 25.1 (a) or upon expiry of maximum
delay for another five (5) days (applicable to Clause 25.1(b)).

&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&

IN WITNESS WHEREOF the parties hereto have hereunto set their hands the day and year
first above written.

THE VENDOR

SIGNED by the Vendor )


)

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in the presence of :- )
) __________________________________
) NOREKHRAM BIN JASNI
(NRIC NO.: 850730-03-6189)

__________________________________
NORULAIN BINTI SEMAN
(NRIC NO.: 860223-29-5302)

THE PURCHASER

SIGNED by the Purchaser )


)
in the presence of :- )
____________________________________
WAN MAZITA BINTI WAN DIR
(NRIC NO.: 880419-03-5308)

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