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PROCLAMATION OF SALE IN THE MATTER OF THE PROPERTY PURCHASE AGREEMENT, PROPERTY SALE AGREEMENT DEED OF ASSIGNMENT AND POWER OF ATTORNEY ALL DATED THE 16TH DAY OF FEBRUARY 2015 BETWEEN MALAYSIA BUILDING

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How to fill out condition of sale

How to fill out condition of sale:

01

Begin by carefully reading the terms and conditions of the sale agreement. Understand the scope and implications of each clause mentioned.

02

Identify any additional conditions or clauses that need to be included based on your specific requirements or concerns. This could involve adding clauses related to payment terms, delivery conditions, warranties, or any other relevant aspect.

03

Make sure to clearly outline the responsibilities and obligations of both parties involved in the sale. Specify the role of the buyer and the seller, including any specific actions or requirements they need to fulfill.

04

Clearly state the terms of payment, including the amount, due dates, and any applicable penalties or discounts. Be precise and include any relevant payment instructions or procedures.

05

Define the delivery terms, including the method of delivery, location, and any associated costs or responsibilities. Clarify who is responsible for arranging transportation and insurance, if applicable.

06

Include any relevant clauses related to warranties, guarantees, or product/service quality. Specify the duration of the warranty period and any conditions that might void it.

07

If applicable, address any specific legal or regulatory requirements that need to be fulfilled. This could involve compliance with certain laws, permits, licenses, or certifications.

08

Finally, review the completed condition of sale document carefully before finalizing it. Ensure that all the necessary details are accurate, consistent, and complete.

Who needs condition of sale:

01

Sellers: Sellers need a condition of sale document to outline the terms and conditions of the sale, protect their rights, and clarify their obligations to the buyer. This document helps establish a legally binding agreement between the seller and the buyer.

02

Buyers: Buyers also benefit from having a condition of sale document. It provides clarity on what they can expect from the seller, including product or service specifications, payment terms, delivery conditions, and any warranties or guarantees.

03

Legal and Financial Professionals: Lawyers, legal advisors, and financial professionals may also require a condition of sale document to ensure compliance with legal requirements, protect their clients' interests, and provide expert advice on the terms and conditions mentioned in the document.

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