Mastering Sale & Purchase Agreements: Essential Skills for Real Estate Professionals
This course provides an essential introduction to the Sale and Purchase Agreement (SPA) in the Malaysian property market. Participants will gain an understanding of the key laws governing property transactions, including the Housing Development Act, the National Land Code, and the Contracts Act. The course covers the importance of the SPA, the various types, and the steps involved in its execution. It also addresses practical considerations for both buyers and sellers, such as preparing for a sale and identifying common challenges in SPA transactions. This course is ideal for professionals in real estate, law, and banking.
• Understanding the applicable laws governing the Sale and Purchase of property in Malaysia.
• Understanding the importance of the Sale and Purchase Agreement (SPA), the different types of SPAs
and the key items in an SPA.
• Understanding the steps in the SPA procedure.
• Understanding the required fees in an SPA transaction.
• Understanding ‘what can go wrong’ in an SPA.
• Cancellation and or termination of an SPA.
• Rights and remedies of parties upon cancellation and or termination of an SPA
• Property Managers
• Property Owners/Developers
• Bankers
• Contractors
• Legal Advisors/Lawyers
• Real Estate
• Negotiators / Agents
• Government Ministries and Department
• Land Administration Managers
• Local Authorities
• Interactive lectures
• Discussions and practical case studies on all relevant areas to ensure participants grasp clearly
issues presented.
DAY 1
• Module 1 The applicable Laws
• Module 2 Basic concepts of an agreement under the Contracts Act 1950
• Module 3 Preparing for the Sale
• Module 4 Buyer’s Checklist
DAY 2
• Module 5 Sale and Purchase Agreement (SPA)
• Module 6 The procedure of Sale and Purchase Agreement in Malaysia
• Module 7 Fees for SPA
• Module 8 What can go wrong in an SPA
• Module 9 Cancellation and termination of an SPA
• Module 10 Post-Purchase Considerations
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