tiktok³ÉÈ˰æ

Finance Lease Agreement Template for Malaysia

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Finance Lease Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Finance Lease Agreement

"I need a Finance Lease Agreement for a fleet of 5 heavy construction vehicles worth RM 2.5 million, with a 5-year lease term starting March 2025, including a purchase option at the end of the term and maintenance provisions under Malaysian law."

Document background
The Finance Lease Agreement is a crucial document in Malaysian commercial practice, particularly utilized when businesses need to acquire expensive assets without substantial upfront capital investment. This agreement type is distinctly regulated under Malaysian law, including the Financial Services Act 2013 and related regulations, with the option for Islamic (Shariah-compliant) structuring under the Islamic Financial Services Act 2013. The document establishes a long-term financing arrangement where the lessor maintains ownership while the lessee gains use of the asset, typically with an option to purchase at the end of the term. It includes comprehensive provisions for asset maintenance, insurance, payment terms, and risk allocation, making it suitable for high-value equipment and asset financing across various industries in Malaysia.
Suggested Sections

1. Parties: Identification of the lessor and lessee with full legal names and registration details

2. Background: Context of the lease arrangement, including the purpose and basic commercial understanding

3. Definitions and Interpretation: Definitions of key terms and interpretation rules for the agreement

4. Lease Grant and Term: Core leasing provisions, term duration, and conditions for commencement

5. Rental Payments: Payment terms, amounts, frequency, and payment mechanisms

6. Delivery and Acceptance: Provisions regarding delivery, inspection, and acceptance of the leased asset

7. Title and Risk: Ownership rights, risk allocation, and insurance requirements

8. Maintenance and Operation: Responsibilities for maintenance, repairs, and permitted operation of the asset

9. Representations and Warranties: Standard representations and warranties from both parties

10. Covenants: Positive and negative obligations of the parties during the lease term

11. Events of Default: Circumstances constituting default and consequences

12. Termination: Termination rights, process, and consequences

13. General Provisions: Standard boilerplate clauses including notices, amendments, governing law

Optional Sections

1. Islamic Finance Compliance: Required if the lease needs to be Shariah-compliant, including specific Ijarah provisions

2. Purchase Option: Include if the lessee has the option to purchase the asset at the end of the lease term

3. Security Provisions: Required if additional security or guarantees are part of the arrangement

4. Sub-Leasing: Include if sub-leasing is permitted and under what conditions

5. Tax Provisions: Detailed tax provisions if complex tax arrangements apply

6. Assignment and Transfer: Detailed provisions if either party may assign or transfer their rights

7. Force Majeure: Specific force majeure provisions if required beyond standard provisions

Suggested Schedules

1. Schedule 1 - Asset Description: Detailed description of the leased asset including specifications and condition

2. Schedule 2 - Payment Schedule: Detailed breakdown of all payments including rental amounts and dates

3. Schedule 3 - Delivery and Acceptance Protocol: Forms and procedures for asset delivery and acceptance

4. Schedule 4 - Maintenance Requirements: Detailed maintenance and servicing requirements

5. Schedule 5 - Insurance Requirements: Specific insurance requirements and coverage details

6. Schedule 6 - Condition Report: Initial condition report of the asset

7. Schedule 7 - Purchase Option Terms: Details of purchase option if applicable

8. Appendix A - Required Authorizations: List of required permits, licenses and authorizations

9. Appendix B - Form of Notices: Standard forms for various notices under the agreement

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions




































Clauses






























Relevant Industries

Manufacturing

Construction

Transportation and Logistics

Agriculture

Healthcare

Industrial Equipment

Aviation

Maritime

Technology and IT

Energy and Utilities

Mining and Resources

Telecommunications

Relevant Teams

Legal

Finance

Treasury

Procurement

Operations

Risk Management

Compliance

Asset Management

Commercial

Islamic Finance

Credit

Equipment Management

Relevant Roles

Chief Financial Officer

Finance Director

Treasury Manager

Legal Counsel

Corporate Lawyer

Risk Manager

Procurement Manager

Asset Manager

Operations Director

Financial Controller

Compliance Officer

Commercial Director

Fleet Manager

Equipment Manager

Shariah Compliance Officer

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Rental Agreement Letter

A Malaysian law-governed agreement that establishes the terms and conditions between landlord and tenant for property rental.

find out more

Apartment Lease

A Malaysian law-governed agreement establishing terms and conditions for apartment rental, defining rights and obligations of landlord and tenant.

find out more

Tenant Lease

A Malaysian law-compliant agreement establishing terms and conditions for property leasing between landlord and tenant.

find out more

Standard Lease Agreement Form

A Malaysian-law governed lease agreement template establishing terms and conditions between landlord and tenant for property rental.

find out more

Salon Lease Agreement

A Malaysian law-governed lease agreement for salon premises, addressing both standard commercial tenancy and specific salon operation requirements.

find out more

Shop Rental Agreement

A Malaysian law-governed agreement establishing terms and conditions for commercial shop rental between landlord and tenant.

find out more

Owner Operator Lease Agreement

A Malaysian law-governed agreement between a property owner and business operator for leasing and operating premises under specific terms and conditions.

find out more

Quick Lease Agreement

A simplified yet legally compliant lease agreement template for Malaysian property rentals, designed for efficient execution while maintaining essential legal protections.

find out more

Finance Lease Agreement

A Malaysian law-governed agreement enabling businesses to lease high-value assets with potential ownership transfer, structured under Malaysian financial services legislation.

find out more

Tenancy Agreement Form

A Malaysian law-governed agreement establishing rental terms and conditions between landlord and tenant for property lease.

find out more

Simple Rental Agreement Form

A Malaysian law-compliant rental agreement template establishing terms and conditions for property leasing.

find out more

Six Month Tenancy Agreement

Malaysian law-compliant six-month residential tenancy agreement template with standard terms and conditions.

find out more

Studio Lease Agreement

A Malaysian law-governed agreement establishing terms and conditions for studio space rental, including usage rights, obligations, and operational requirements.

find out more

Private Residential Tenancy Agreement

A Malaysian law-governed agreement establishing terms and conditions for residential property rental between landlord and tenant.

find out more

Leasehold Contract

A Malaysian law-governed agreement establishing a leasehold interest in property, detailing terms of occupation, rent, and parties' obligations.

find out more

Fixed Term Tenancy Agreement

A Malaysian law-governed agreement establishing fixed-term rental terms between landlord and tenant, defining rights and obligations for property usage.

find out more

Weekly Rental Agreement

A Malaysian law-governed agreement establishing terms for weekly property rental, including rights, obligations, and payment terms for landlord and tenant.

find out more

Trailer Lease Agreement

A Malaysian law-governed agreement establishing terms and conditions for commercial trailer leasing, ensuring compliance with local transport regulations.

find out more

Space Rental Agreement

A Malaysian law-governed agreement establishing terms and conditions for commercial space rental, including rights and obligations of landlord and tenant.

find out more

Owner Operator Contract Agreement

A Malaysian law-governed agreement between a company and an independent owner operator for transportation services, defining operational terms and obligations.

find out more

Lifetime Lease Agreement

A Malaysian law-governed agreement granting lifetime occupancy rights to a property, establishing long-term leasing terms and conditions under local property regulations.

find out more

House Rent Contract Form

A Malaysian law-compliant agreement establishing terms and conditions for residential property rental, defining rights and obligations of landlord and tenant.

find out more

Lodger Contract

A Malaysian legal agreement between a homeowner and lodger for shared living arrangements, establishing rights and obligations under Malaysian law.

find out more

3 Month Tenancy Agreement

A Malaysian law-compliant 3-month tenancy agreement template for short-term property rentals, suitable for both residential and commercial use.

find out more

Equine Lease Agreement

A Malaysian law-governed agreement establishing terms and conditions for horse leasing, including care requirements, insurance, and liability provisions.

find out more

Booth Rental Contract

A Malaysian law-governed agreement for temporary booth or retail space rental, defining terms, conditions, and obligations for both landlord and tenant.

find out more

Simple Shop Rental Agreement

A Malaysian law-governed agreement establishing terms and conditions for commercial shop premises rental between landlord and tenant.

find out more

6 Month Lease Agreement

A Malaysian law-governed lease agreement establishing a 6-month residential tenancy with defined terms and conditions for both landlord and tenant.

find out more

6 Month Tenancy Agreement

A Malaysian-law governed six-month residential tenancy agreement establishing terms between landlord and tenant.

find out more

Storage Lease Agreement

A Malaysian law-governed agreement establishing terms and conditions for leasing storage space, including rental terms, access rights, and legal obligations.

find out more

Tenant Contract

A Malaysian law-governed agreement establishing rental terms and conditions between landlord and tenant, ensuring legal compliance and mutual protection.

find out more

Sublease Contract

A Malaysian law-governed agreement allowing a tenant to lease their rented property to another party, subject to the National Land Code 1965 and related legislation.

find out more

Standard Tenancy Agreement

A Malaysian law-compliant agreement establishing terms and conditions for property rental between landlord and tenant.

find out more

Standard Residential Lease Agreement

A Malaysian law-compliant residential lease agreement establishing terms and conditions for residential property rental arrangements.

find out more

Room Lease Agreement

A Malaysian law-governed agreement establishing terms and conditions for room rental, including rights and obligations of landlord and tenant.

find out more

Rent To Rent Contract

A Malaysian law-governed agreement enabling a primary tenant to rent and sublet a property, establishing rights and obligations between property owner and rent to rent operator.

find out more

Purchase Lease Option Agreement

A Malaysian law-governed agreement combining a property lease with an option to purchase, establishing terms for both temporary occupation and potential ownership transfer.

find out more

Parking Space Lease Agreement

A Malaysian law-governed agreement establishing terms and conditions for leasing a designated parking space, including rental terms, usage rights, and obligations.

find out more

One Year Lease Agreement

A Malaysian-law compliant one-year lease agreement template establishing terms and conditions for property rental.

find out more

General Lease Agreement

A Malaysian law-governed agreement establishing terms and conditions for property lease between landlord and tenant.

find out more

12 Month Lease Agreement

A Malaysian law-governed residential lease agreement establishing a 12-month tenancy relationship with comprehensive terms and conditions.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.