tiktok³ÉÈË°æ

A Land Rental Agreement is essential for any land rental transaction in Malaysia, providing a comprehensive legal framework for both landlord and tenant. This document is particularly crucial as land matters in Malaysia are governed by strict regulations under the National Land Code 1965 and various state enactments. The agreement should be used whenever there is an intention to rent out land, whether for agricultural, commercial, industrial, or other purposes. It includes vital information such as property details, rental terms, duration, usage restrictions, and parties' obligations. The document must comply with Malaysian legal requirements, including proper stamping and potential registration with relevant land offices. The Land Rental Agreement serves as a crucial tool for protecting both parties' interests while ensuring compliance with local land laws and regulations.

1. Parties: Identification of landlord and tenant with full names, identification numbers, and addresses

2. Background: Brief context of the rental arrangement and property ownership

3. Definitions: Definitions of key terms used throughout the agreement

4. Property Details: Complete description of the property including lot number, title details, and address as per National Land Code requirements

5. Term and Commencement: Duration of the rental period and commencement date

6. Rental and Payment Terms: Rental amount, payment schedule, method of payment, and security deposit details

7. Utilities and Outgoings: Responsibility for utility payments and other property-related expenses

8. Use of Property: Permitted use of the property and any restrictions

9. Maintenance and Repairs: Responsibilities of both parties regarding property maintenance and repairs

10. Insurance: Requirements for property insurance and responsibility for premium payments

11. Landlord's Covenants: Obligations and promises of the landlord

12. Tenant's Covenants: Obligations and promises of the tenant

13. Termination: Conditions and procedures for terminating the agreement

14. Assignment and Subletting: Restrictions on assignment and subletting of the property

15. Notices: Method and addresses for serving notices between parties

16. Governing Law: Specification of Malaysian law as governing law and jurisdiction

17. Execution: Signature blocks and witnessing requirements