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The Periodic Rental Agreement is a fundamental legal instrument used in the Malaysian property market for establishing flexible rental arrangements between landlords and tenants. This document is particularly suitable when parties require flexibility in the duration of the tenancy, as it automatically renews at the end of each period (typically monthly) until proper notice is given by either party. The agreement includes essential terms covering rent, maintenance, utilities, security deposits, and notice periods, while ensuring compliance with Malaysian property laws and regulations. It can be used for both residential and commercial properties, and is structured to protect the interests of both landlord and tenant while maintaining clarity on their respective rights and obligations.

1. Parties: Identification and details of the landlord and tenant, including full names, identification numbers, and addresses

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

3. Definitions: Key terms used throughout the agreement

4. Demised Premises: Detailed description of the rental property and any included fixtures and fittings

5. Term and Renewal: Duration of the periodic tenancy and the notice periods required for termination or renewal

6. Rent and Payment Terms: Rental amount, payment schedule, and method of payment

7. Security Deposit: Amount, terms of holding, and conditions for refund of the security deposit

8. Utilities and Outgoings: Responsibility for utility payments and other ongoing expenses

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

10. Tenant's Covenants: Standard obligations and restrictions on the tenant's use of the property

11. Landlord's Covenants: Standard obligations of the landlord

12. Termination: Grounds and procedures for termination of the tenancy

13. Governing Law: Specification of Malaysian law as the governing law

14. Notices: Methods and addresses for serving formal notices between parties