PRACTICE AREA Snapshot CHECKLIST
Sub-sale of Property WITH TITLE – Purchaser .1.
 
 
File  reference:    
 
 

DISCLAIMER      This  Checklist  is  only  intended  to  provide  a  general  overview  of  the  matters  that  should  be  considered  in  managing  your  
case/transaction.  The  information  provided  in  this  Checklist  is  not  intended  to  be  legal  advice.  Many  factors  may  affect  the  applicability  of  any  
steps  or  procedures  set  out  here  to  your  case  and  consequently  you  should  apply  your  own  discretion  or  seek  appropriate  advice  (where  
applicable)  before  relying  on  these  procedures.  

 
     1.    VENDOR(S)  

 Name(s)  of  Vendor(s):   NRIC  No  /  Passport  No  /   Winding  Up  /  Bankruptcy  
Company  No:   Searches  /  Company  Searches  

Date   Date  
Requested:   Received:  

a.          
 

b.          
 

c.          
 

 2.    PURCHASER(S)  

 Name(s)  of  Purchaser(s):   NRIC  No  /  Passport  No  /   Winding  Up  /  Bankruptcy  
Company  No:   Searches  /  Company  Searches  

Date   Date  
Requested:   Received:  

a.          
 

b.          
 

c.          
 

Bar Council Malaysia

www.malaysianbar.org.my
    www.praktis.com.my

       
    

PRACTICE AREA Snapshot CHECKLIST: Sale & Purchase of Property WITH TITLE – Purchaser .2.
 
 
     3.    PROPERTY  PARTICULARS  

a.   Title  Search   Date  Requested:   Date  Received:  

 

b.   Title  particulars:  
 
 

c.   Address:  
 
 

d.   Property  Tenanted:      Yes  /  No  

  Name  of  Tenant:   Term  of  Tenancy:                      years   Expiry  Date:  

 

e.   Tenure:      Freehold  /  Leasehold  

  Tenure                                                                                Years     Commencement  Date:   Expiry  Date:  

 

f.   Restrictions  in  Interest:      Yes  /  No  

 

g.   Express  Conditions:      Yes  /  No  

 

h.   Charges:      Yes  /  No  

  Name  of  Chargee:   Presentation  No:  

 
 

i.   Caveats:      Yes  /  No  

  Presentation  No:   Name  of  Caveator:   Type  of  Caveat:   Presentation  Date:  
 
 
 

j.   Other  Encumbrances  (if  any):  

 
 
 
 
 

Bar Council Malaysia

www.malaysianbar.org.my
    www.praktis.com.my

       
    

PRACTICE AREA Snapshot CHECKLIST: Sale & Purchase of Property WITH TITLE – Purchaser .3.
 
 
     4.    LETTER  OF  OFFER  (if  any)  

a.   Date:   Earnest  Deposit  (RM):  

 

b.   Deadline  for  Execution  of  S ale  and  Purchase  Agreement:  

 

 5.    SALE  AND  PURCHASE  AGREEMENT

a.   Date:  
 

b.   Sale  and  Purchase  Agreement  Stamped:      Yes  /  No   Date:  

 

c.   Stamped  Copy(ies)  given:  

  Client(s):      Yes  /  No   Date:  

 

  Vendor(s):      Yes  /  No   Date:  

 

6.    PURCHASE  PRICE  AND  PAYMENT  TERMS  

a.   Purchase  Price  (RM):  

 

b.   Deposit  (RM):  
 

c.   Balance  Purchase  Price  (“BPP”)  (RM):  

 

d.   Retention  for  Real  Property  Gains  Tax  (“RPGT”)  (RM):  

 

e.   If  client  obtaining  loan:  

  i.       Loan  Sum  (“LS”)  (RM):   1.  Amount,  date  paid:  

 

  2.  Amount,  date  paid:  

 

  ii.   Difference  Between  BPP  and  LS  (RM):   Date  Paid:  

 

f.   Completion  Period/Date:   Revised  Date:   Revised  Date:  

 
 

Bar Council Malaysia

www.malaysianbar.org.my
    www.praktis.com.my

       
    

PRACTICE AREA Snapshot CHECKLIST: Sale & Purchase of Property WITH TITLE – Purchaser .4.
 
 
g.   Extended  Completion  Period/Date:   Revised  Date:   Revised  Date:  
 

h   Late  Payment  Interest  Rate:                                %  pa   Amount  payable  (RM):   Date  Paid:  
 

7.    INSTRUMENT  OF  TRANSFER  (FORM  14A)  AND  STAMPING  PROFORMA  (PDS  15)  

a.   Executed:      Yes  /  No   Date  received  from  Vendor/Vendor’s  Solicitors:  

 

b.   Adjudication  

  Date  FORM  14A  Submitted  for   Date  Notice  of  Adjudication  Received:  
Adjudication:  
 

  Date  Stamp  Duty  Paid:   Date  Stamped  FORM  14A  Extracted:  

 

c.   Presentation:  

  Date  FORM  14A  (and  Discharge  of  Charge,  if  applicable)  Presented  for  Registration:  
 

  Date  issue  document  of  title  endorsed  with  name  of  Purchaser/transferee  extracted:  
 

  Date  issue  document  of  title  endorsed  with  name  of  Purchaser/transferee  given  to  purchaser:  
 

8.    CONDITIONS  PRECEDENTS  (if  any)  

a.   Conditions  Precedent     Extended  Conditions     Further  Extended  Date,    if  applicable:  

Period:   Precedent  Period:  
 

b.   Conditions  Precedent     Party  Responsible  for   Applied:   Fulfilled  /    

(“CP”)   Attendance  to  CP:   Not  Fulfilled:  

  i.     Approval  of  Foreign     Yes  /  No   Yes  /  No  

Investment  
  Date:   Date:  
Committee:  
 

  ii.      A pproval   o f   S tate     Yes  /  No   Yes  /  No  

Authority:  
  Date:   Date:  
 
 
 
 
 

Bar Council Malaysia

www.malaysianbar.org.my
    www.praktis.com.my

       
    

PRACTICE AREA Snapshot CHECKLIST: Sale & Purchase of Property WITH TITLE – Purchaser .5.
 
 
  iii.    Others:     Yes  /  No   Yes  /  No  

      Date:   Date:  
   

      Yes  /  No   Yes  /  No  

      Date:   Date:  
 

9.    REDEMPTION  OF  CHARGE(S)  (if  any)  

a.   Chargee’s  Redemption  Statement  and  Letter  of  Undertaking  

  Date  requested:   Deadline  to  deliver:   Date  received  from  Vendor:  

 

  Deadline  Exceeded:                                  days  

 

b.   Vendor’s  Undertaking  to  Refund  (if  applicable)  

  Date  requested: Deadline  to  deliver:   Date  received  from  Vendor:  

 

  Deadline  Exceeded:                                  days  

 

c.   Redemption  Sum:   Amount  (RM):   Date  paid:  

 

d.   Receipt  of  Original  Title,  Duly  Executed  Discharge  of  Charge,  Duplicated  Charge  from  Vendor  

    Documents  received  from  Vendor?      Yes  /  No   Date:  

 

    Deadline  for  Vendor’s  delivery  of  documents:   Deadline  Exceeded:                        days  

 

10.    DELIVERY  OF  VACANT  POSSESSION/POSSESSION  

a.   Deadline  for  delivery  of  vacant  possession  /  possession:  

 

b.   Vacant  possession  /  possession  delivered:      Yes  /  No   Date  Delivered:  

 
 

Bar Council Malaysia

www.malaysianbar.org.my
    www.praktis.com.my

       
    

PRACTICE AREA Snapshot CHECKLIST: Sale & Purchase of Property WITH TITLE – Purchaser .6.
 
 
11.    APPORTIONMENT  OF  OUTGOINGS:  

Cut  Off  Date  for  Apportionment  of  Outgoings:      

  Expense   Vendor’s  Portion  (RM)   Purchaser’s  Portion   Reimbursed  by  

(RM)   Purchaser  /  Paid  to  
Purchaser?  

a.   Quit  rent       Yes  /  No  

 

b.   Assessment       Yes  /  No  

 

c.   Sewerage       Yes  /  No  

 

d.   Others       Yes  /  No  

 

        Yes  /  No  
 

        Yes  /  No  
 
 
 

   My  notes…  
 
 
 
 
 
 

Bar Council Malaysia

www.malaysianbar.org.my
    www.praktis.com.my