Agreement To Purchase (ERES)
Are you Agent?
Yes, I am Agent
If you are the Agent tick this to fill your information and sign this document.
1. ATTENTION TO
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2. NEGOTIATOR'S NAME
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3. DESCRIPTION OF SAID PROPERTY
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4. ADDRESS OF THE SAID PROPERTY
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5. PURCHASE PRICE (RM)
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6. EXECUTION OF SALE AND PURCHASE AGREEMENT
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note* Full Working Days excluding Saturday, Sundays & Public Holidays
6.1 EXECUTION OF SALE AND PURCHASE AGREEMENT
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In the event that the Purchaser(s) fails to and/or refuses to execute the SPA within the ‘Said Period’ stipulated in clause 1(a) above, the Earnest Deposit shall be forfeited by the Vendor(s) as agreed liquidated damages PROVIDED that there is no delay on the part of the Vendor(s) or Vendor(s)’s Solicitor in agreeing to the terms and conditions of the SPA, and PROVIDED always that the non-execution of the SPA by the Purchaser(s) is not caused by, or attributable to, the Vendor’s misrepresentation, misconduct and/or fraudulent acts. Thereinafter upon such forfeiture, this Agreement shall be terminated and be null and void and neither party shall have any further claims whatsoever against each other.
In the event that the Vendor(s) fails to and/or refuses to execute the SPA or to complete the sale transaction within the said Period, the Vendor(s) shall refund to the Purchaser(s) free of interest the said Earnest Deposit, together with a compensation sum equivalent to the Earnest Deposit as agreed liquidated damages, and thereinafter this Agreement shall be terminated and be null and void and neither party shall have any further claims whatsoever against each other, failing which the Purchaser(s) shall be entitled to seek specific performance, and/or damages, of this Agreement.
7. (a)(i) PAYMENT TERMS-EARNEST DEPOSIT (%)
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7. (a)(i) PAYMENT TERMS-EARNEST DEPOSIT (RM)
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8. (a)(ii) PAYMENT TERMS-LESS THE EARNEST DEPOSIT (%)
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8. (a)(ii) PAYMENT TERMS-LESS THE EARNEST DEPOSIT (RM)
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9. TO BE PAID UPON:-
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Signing of the Formal Sale & Puchase Agreement (SPA)
Using Employees Provident Fund (EPF) withdrawal
10. (a)(iii) PAYMENT TERMS-BALANCE PURCHASE PRICE (%)
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10. (a)(iii) PAYMENT TERMS-BALANCE PURCHASE PRICE (RM)
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11. BALANCE PURCHASE PRICE TO BE PAID WITHIN 90 (NINETY DAYS) FROM:-
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Date of SPA
Date of receipt of the relevent consent from the Statutory Body/ Developer's Consent/ Developer's Confirmation/ FIC/ State Authorities/ Extract of LA/ Extract of Grant/ Extract of the Court Order of Sale.
12. Interest
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Upon expiry of the period stipulated in Clause 2 (a)(iii) above, to grant an extension period of 30 days (Thirty days) on the unpaid balance sum at an interest / ta'widh rate of 8% (Eight Percent) per annum calculated on a daily basis/ lump sum)
13. DELIVERY OF POSSESSION
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Vacant possession to be given upon full settlement
Non-vacant possession subject to existing tenancy upon full settlement of the balance Purchase Price
14. SOLICITOR'S COST
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Each party shall bear their own solicitor's cost; however, purchaser bears the Stamp Duty and Transfer Cost.
15. OTHERS CONDITIONS
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Earnest Deposit is refundable if loan/financing not approve by any financier (subject to submission of a decline letter and must be within the 'Said Period' stipulated in clause 1 (a) above). Once Earnest Deposit is refunded, this agreement will be cancelled.
This agreement is not valid until the payment is cleared.
This property will be sold based on "as is where is" basis.
15. OTHER CONDITIONS
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This property will be sold with following condition
16. PAYMENT BY
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*Select one only
Online Banking
Bank Draft
Cheque
PURCHASER EMAIL
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PURCHASER'S AGENT EMAIL
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VENDOR EMAIL
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VENDOR'S AGENT EMAIL
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Are you Purchaser?
Yes, I am purchaser
If you are the Purchaser tick this to fill your information and sign this document.
Section Below is to Need fill by Purchaser, Vendor and Witness Only
Please fill and sign in email only. Please proceed to 'Submit' button.
PURCHASER(S)
Signature
PURCHASER FULL NAME IN NRIC
PURCHASER NRIC
PURCHASER CONTACT NO
PURCHASER ADDRESS
UPLOAD YOUR NRIC
Max. file size: 128 MB.
SECOND PURCHASER(S)
Signature
SECOND PURCHASER FULL NAME IN NRIC
SECOND PURCHASER NRIC
SECOND PURCHASER CONTACT NO
UPLOAD YOUR NRIC
Max. file size: 128 MB.
PURCHASER WITNESSED BY
FULL NAME
PURCHASER WITNESSED BY
NRIC NO
PURCHASER WITNESSED BY
CONTACT NO
PURCHASER WITNESSED BY
DD slash MM slash YYYY
DATE
PURCHASER WITNESSED BY
Signature
Are you Vendor?
Yes, I am vendor
If you are the Vendor tick this to fill your information and sign this document.
ACCEPTED BY VENDOR(S)
Signature
VENDOR ACCEPTED FULL NAME IN NRIC
VENDOR NRIC
*vendor
VENDOR CONTACT NO
*vendor
VENDOR ADDRESS
*vendor
UPLOAD YOUR NRIC
Max. file size: 128 MB.
SECOND ACCEPTED BY VENDOR(S)
Signature
SECOND VENDOR ACCEPTED FULL NAME IN NRIC
SECOND VENDOR NRIC
*vendor
SECOND VENDOR CONTACT NO
*vendor
UPLOAD YOUR NRIC
Max. file size: 128 MB.
VENDOR WITNESSED BY
FULL NAME
VENDOR WITNESSED BY
NRIC NO
VENDOR WITNESSED BY
CONTACT NO
VENDOR WITNESSED BY
DATE
DD slash MM slash YYYY
VENDOR WITNESSED BY
Signature
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