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Lease Renewal Rent Increase Notice Template for Malaysia

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Key Requirements PROMPT example:

Lease Renewal Rent Increase Notice

"I need a Lease Renewal Rent Increase Notice for my residential property in Kuala Lumpur, increasing the monthly rent from RM 2,000 to RM 2,300 effective March 1, 2025, with a 30-day notice period for my tenant."

Document background
The Lease Renewal Rent Increase Notice is a crucial document in Malaysian property management that serves as formal communication between landlords and tenants regarding proposed changes to rental terms. This document is typically used when a landlord wishes to increase the rent upon renewal of an existing lease agreement. It must comply with Malaysian property laws, including the National Land Code 1965 and relevant state-specific regulations. The notice should be issued within the legally required timeframe before the current lease expires and must clearly state the proposed new rental amount, effective date, and any other modified terms. The document plays a vital role in maintaining transparent landlord-tenant relationships and ensuring legal compliance in rental property management across Malaysia's residential and commercial sectors.
Suggested Sections

1. Date and Address Block: Current date and full addresses of both landlord and tenant

2. Property Identification: Clear description and address of the rental property

3. Reference to Current Lease: Details of the existing lease including commencement date and current rent

4. Notice of Renewal: Statement confirming the intention to renew the lease

5. Proposed Rent Increase: Clear statement of the new rental amount and when it will take effect

6. Legal Compliance Statement: Confirmation that the notice period and increase comply with Malaysian law

7. Response Instructions: How and by when the tenant should respond to this notice

8. Signature Block: Space for landlord's signature and details

Optional Sections

1. Justification for Increase: Explanation of reasons for the rent increase, such as market conditions or property improvements

2. Modified Terms: Any other proposed changes to the lease terms besides rent

3. Payment Instructions: Updated payment details if there are any changes to payment method

4. Maintenance Record: Summary of maintenance and improvements made to justify the increase

5. Multiple Tenant Notice: Additional sections needed when there are multiple tenants to address

Suggested Schedules

1. Current Lease Agreement: Copy of the existing lease agreement for reference

2. Rent Increase Calculation: Detailed breakdown of the rent increase calculation if required

3. Property Market Analysis: Supporting documentation showing local market rates

4. Tenant Response Form: Standard form for tenant to indicate acceptance or rejection of new terms

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

Real Estate

Residential Property

Commercial Property

Retail

Office Space

Industrial

Hospitality

Mixed-Use Development

Shopping Centers

Warehousing

Relevant Teams

Legal

Property Management

Real Estate Operations

Facilities Management

Asset Management

Tenant Relations

Contract Administration

Property Administration

Operations

Relevant Roles

Property Manager

Real Estate Manager

Facility Manager

Legal Counsel

Leasing Manager

Asset Manager

Operations Manager

Real Estate Director

Property Administrator

Tenant Relations Manager

Contract Administrator

Real Estate Officer

Property Operations Supervisor

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

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