Tenancy Agreement Example Malaysia

When it comes to renting property in Malaysia, a tenancy agreement is a crucial document that must be prepared between the landlord and tenant. The tenancy agreement establishes the terms and conditions of the rental period, and it protects both parties in case of any disputes that may arise during the tenancy period. In this article, we’ll discuss an example of a tenancy agreement in Malaysia.

1. Parties Involved

The first section of the tenancy agreement specifies the parties involved. The document should identify the landlord and tenant, as well as their addresses and contact information. This section should also include the property’s address, and any other necessary details regarding the rental property.

2. Rental Term

The next section of the tenancy agreement outlines the rental term. This includes the start and end date of the lease, as well as the rental amount and payment terms. This section should also provide details on any security deposit or other fees the tenant is required to pay.

3. Renewal Option

If the tenant has the option to renew the lease, this should be noted in the tenancy agreement. It should also specify the terms and conditions of the renewal, such as the amount of rent increase, if any.

4. Termination Clause

The termination clause is a crucial section in the tenancy agreement. It outlines the conditions under which either party can terminate the lease, such as non-payment of rent or violation of the terms and conditions.

5. Maintenance and Repairs

This section of the tenancy agreement specifies the responsibilities of both the landlord and tenant when it comes to maintenance and repairs. It should outline who is responsible for any repairs and how they will handle any maintenance issues that may arise during the rental period.

6. Occupancy Limits

The tenancy agreement should also specify the occupancy limits. This includes how many people are permitted to live in the rental property, as well as any restrictions when it comes to pets or guests.

7. Subletting

If the tenant is allowed to sublet the property, this should be clearly outlined in the tenancy agreement. It should also specify any requirements or restrictions that the tenant must adhere to.

8. Insurance

This section of the tenancy agreement outlines whether the landlord or tenant is responsible for obtaining insurance for the rental property. If the landlord is responsible, it should specify what type of insurance is required.

9. Notices and Communications

The tenancy agreement should specify how notices and other communications should be handled between the landlord and tenant. This includes the method of delivery, such as email or postal mail, as well as how much notice should be given for any changes or requests.

10. Governing Law

The final section of the tenancy agreement specifies the governing law. It should state which laws apply, as well as any other relevant legal information.

In conclusion, a tenancy agreement is a crucial document that must be prepared between the landlord and tenant in Malaysia. It establishes the terms and conditions of the rental period, and it protects both parties in case of any disputes that may arise during the tenancy period. By including the above-mentioned sections in the document, both the landlord and tenant can ensure a smooth and hassle-free renting experience.