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PROCLAMATION OF SALE IN THE MATTER OF FACILITIES AGREEMENT ASSIGNMENTAND POWER OF ATTORNEY ALL DATED 14TH MAY 2014 BETWEEN STANDARD CHARTERED SAADIQ BERHAD Co. And/or muniments offered by the Auctioneer as the title of the property upon the evidence afforded by the comparison of the description in the particulars of the Proclamation of Sale and muniments respectively. For the purpose of these conditions time shall be the essence of the contract. In the event of any discrepancy mis-statement...

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How to fill out proclamation of sale form

How to fill out a proclamation of sale:

01

Fill in the heading: Start by writing "Proclamation of Sale" at the top of the document. Include the date and place of the sale as well.

02

Identify the seller and buyer: Clearly state the full name, address, and contact information of the seller and the buyer. Include any specific identification details such as driver's license numbers or social security numbers if required.

03

Describe the property: Provide a detailed description of the property being sold. Include the address, legal description, and any pertinent information about the condition or features of the property.

04

Specify the terms and conditions: Clearly outline the terms and conditions of the sale. This includes the purchase price, payment details (such as down payment and installment plans), and any contingencies or conditions that need to be met.

05

Include any warranties or disclosures: If there are any warranties or disclosures related to the property, make sure to include them in the proclamation of sale. This may include information about defects, liens, or encumbrances on the property.

06

Sign and date the document: Once all the required information has been filled in, both the seller and buyer must sign and date the proclamation of sale. It's important to have witnesses present if necessary.

Who needs a proclamation of sale?

01

Sellers: People who are selling a property, whether it's real estate, a vehicle, or any other valuable asset, may need a proclamation of sale to legally document the transaction.

02

Buyers: Buyers may also need a proclamation of sale as proof of purchase and ownership. This document helps protect their rights as the new owner of the property.

03

Legal professionals: Lawyers and legal professionals often prepare and review proclamations of sale to ensure that all required information is included and the document is legally valid.

Overall, a proclamation of sale is essential in documenting a sale transaction and protecting the rights of both the seller and buyer. It provides a clear record of the terms and conditions agreed upon, making it an important legal document.

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What is proclamation of sale?

Proclamation of sale is a legal document announcing the upcoming auction of a property to recover debts or satisfy a judgment.

Who is required to file proclamation of sale?

The creditor or their authorized representative is required to file proclamation of sale.

How to fill out proclamation of sale?

Proclamation of sale must include details of the property, the reason for the sale, auction date, time, and location.

What is the purpose of proclamation of sale?

The purpose of proclamation of sale is to inform the public about the upcoming auction of a property.

What information must be reported on proclamation of sale?

The proclamation of sale must include details of the property, auction date, time, location, reason for the sale, and contact information for the creditor.

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