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Fixed Term Tenancy Agreement
"I need a Fixed Term Tenancy Agreement for a furnished apartment in Kuala Lumpur, with a corporate tenant who requires special provisions for maintenance of high-end appliances and 24/7 access to building facilities, starting from March 1, 2025."
1. Parties: Identification and details of the landlord and tenant, including full names, identification numbers, and addresses
2. Background: Brief context of the agreement and confirmation that the landlord owns the property and wishes to let it to the tenant
3. Definitions: Definitions of key terms used throughout the agreement
4. Demised Premises: Detailed description of the property being rented, including address and specific inclusions
5. Term and Possession: Duration of the tenancy, commencement date, and possession details
6. Rent and Payment Terms: Rental amount, payment schedule, method of payment, and late payment consequences
7. Security Deposit: Amount, payment terms, and conditions for return of the security deposit
8. Utilities and Outgoings: Responsibility for utility payments, maintenance charges, and other ongoing expenses
9. Tenant's Covenants: Obligations and responsibilities of the tenant during the tenancy
10. Landlord's Covenants: Obligations and responsibilities of the landlord during the tenancy
11. Insurance: Requirements for insurance coverage by both parties
12. Termination: Conditions and procedures for ending the tenancy
13. Notices: Process and requirements for serving notices between parties
14. Governing Law: Specification of Malaysian law as governing law and jurisdiction
1. Option to Renew: Terms for renewal of the tenancy, used when parties want to include a pre-agreed option to extend the lease
2. Break Clause: Provisions allowing early termination under specific circumstances, included when flexibility is desired
3. Guarantor: Details and obligations of a guarantor, used when additional security is required
4. Subletting and Assignment: Provisions regarding subletting rights, included when relevant to the property type or tenant circumstances
5. Quiet Enjoyment: Additional provisions for tenant's peaceful occupation, sometimes included for premium properties
6. Special Conditions: Any unique terms specific to the property or tenancy arrangement
7. Force Majeure: Provisions for unforeseen circumstances, increasingly common post-COVID
8. Pet Clause: Specific provisions regarding keeping pets, included when relevant
1. Schedule 1 - Property Inventory: Detailed list of furnishings, fixtures, and fittings included in the tenancy
2. Schedule 2 - Property Condition Report: Detailed description of the property condition at the start of tenancy
3. Schedule 3 - House Rules: If applicable, specific rules for the property, especially important for managed buildings
4. Schedule 4 - Utilities Reading: Initial meter readings for utilities at the start of tenancy
5. Appendix A - Photos: Photographic evidence of property condition
6. Appendix B - Floor Plan: Layout and measurements of the property
Authors
Real Estate
Property Management
Residential Housing
Commercial Property
Retail
Hospitality
Industrial
Professional Services
Education
Healthcare
Legal
Real Estate
Facilities Management
Operations
Corporate Services
Risk & Compliance
Administration
Property Management
Asset Management
Procurement
Property Manager
Real Estate Agent
Facilities Manager
Legal Counsel
Corporate Services Manager
Leasing Manager
Contract Administrator
Property Administrator
Asset Manager
Operations Manager
Risk Manager
Compliance Officer
Housing Officer
Estate Agent
Property Consultant
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