land still on offer

Owner (actual owner- caveat?) want to sell for a good price.

1.  No Option letter to anyone,
2.  Buyer issue LOI to the "owner" together with a photocopy of bank draft of 5% of the selling price,
3.  Seller's lawyer direct issue letter of undertaking for our commissioning of site visit,
4.  Site visit,
5. After site visit, if yes -proceed to prepare MOA and hand over the original bank draft to seller's lawyer,
6.  Prepare S& P agreement where terms and conditions including more payment per schedule.

my handphones are 6012-8380897; 6013-8394513 and jknow823@gmail.com


Briefly this almost fully grown palm oil land of 25k ac in two titles in Kinabatangan near Keningau is for sale for more than @RM20k per ac. The ages of the palms are 2-10 years. Approx 22k acres planted and unplanted area is about 3k ac.  10k ac are in production.

At the present moment it is caveat to prevent the "registered owner" on the land title to sell the land.