Document background
The Lease Offer Letter is a crucial preliminary document in Malaysian property transactions, used when a property owner or their representative intends to formally propose lease terms to a potential tenant. It serves as the first formal step in the leasing process, outlining key commercial and legal terms before proceeding to a full lease agreement. The document must align with Malaysian legal requirements, including provisions from the National Land Code 1965, Contracts Act 1950, and relevant state legislation. A well-drafted Lease Offer Letter typically includes essential details such as property description, rental terms, tenure, security deposit requirements, and specific conditions of use, while remaining subject to contract. It provides a clear framework for negotiation and sets expectations for both parties before proceeding to formal lease documentation.
