tiktok³ÉÈË°æ

All Countries
Risk Management
Real Estate LLC Operating Agreement

Real Estate LLC Operating Agreement Template for Malaysia

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Real Estate LLC Operating Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Real Estate LLC Operating Agreement

"I need a Real Estate LLC Operating Agreement for a Malaysian company with three founding members, focusing on residential property development in Kuala Lumpur, with specific provisions for foreign investment as two members are from Singapore."

Celebrated by
Collaborations with
Investors
Document background
A Real Estate LLC Operating Agreement is essential when establishing a Limited Liability Company for real estate operations in Malaysia. This document is required when two or more parties wish to form an LLC specifically for real estate investment, development, or management purposes. It provides the fundamental framework for company governance, outlines capital contribution requirements, profit-sharing arrangements, and management responsibilities while ensuring compliance with Malaysian corporate and real estate laws. The agreement is particularly important as it addresses unique aspects of real estate operations, including property acquisition procedures, asset management protocols, and compliance with foreign ownership restrictions under Malaysian law. It serves as the primary governing document for the company's operations and member relationships throughout its existence.
Suggested Sections

1. Parties: Identification of all founding members of the LLC, including their full legal names, addresses, and ownership percentages

2. Background: Context of the LLC formation, its purpose in real estate business, and any relevant preliminary matters

3. Definitions: Detailed definitions of terms used throughout the agreement, including real estate-specific terminology

4. Formation and Name: Details of LLC formation, registered name, registration number, and registered address

5. Purpose and Powers: Specific real estate activities the LLC will engage in and its powers to conduct business

6. Capital Contributions: Initial and subsequent capital contributions, including property contributions and valuations

7. Membership Interests: Structure of ownership, classes of membership, and voting rights

8. Management Structure: Management framework, appointment of managers, and decision-making processes

9. Meetings and Voting: Procedures for member meetings, voting requirements, and quorum rules

10. Financial Affairs: Financial management, accounting practices, and distribution of profits

11. Transfer of Interests: Rules regarding transfer of membership interests and restrictions thereof

12. Dissolution and Liquidation: Procedures for dissolution and asset distribution

13. General Provisions: Miscellaneous legal provisions including governing law, notices, and amendments

Optional Sections

1. Foreign Investment Provisions: Special provisions relating to foreign ownership restrictions and compliance - include when there are foreign members

2. Property Management: Specific procedures for managing real estate assets - include when the LLC will directly manage properties

3. Development Projects: Provisions for real estate development activities - include when the LLC will engage in property development

4. Financing Arrangements: Specific provisions for obtaining and managing financing - include when the LLC plans to use significant leverage

5. Environmental Compliance: Environmental protection measures and compliance - include when dealing with environmentally sensitive properties

6. Conflict Resolution: Detailed dispute resolution procedures - include when members want specific arbitration or mediation procedures

7. Insurance Requirements: Specific insurance obligations - include when the LLC will own high-value properties or have specific insurance needs

Suggested Schedules

1. Schedule A - Member Information: Detailed information about members, including contact details and initial capital contributions

2. Schedule B - Property Schedule: List and details of properties owned or to be acquired by the LLC

3. Schedule C - Valuation Methods: Agreed methods for valuing properties and membership interests

4. Schedule D - Management Procedures: Detailed management and operational procedures

5. Schedule E - Fee Structure: Management fees, property-related fees, and other compensation structures

6. Appendix 1 - Forms: Standard forms for member resolutions, transfer of interests, and other routine matters

7. Appendix 2 - Compliance Checklist: Checklist of regulatory requirements and compliance matters

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions














































Clauses



































Relevant Industries

Real Estate

Property Development

Property Management

Commercial Real Estate

Residential Real Estate

Industrial Real Estate

Real Estate Investment

Property Investment

Construction

Corporate Services

Relevant Teams

Legal

Real Estate

Corporate Affairs

Finance

Operations

Compliance

Investment

Asset Management

Development

Administration

Risk Management

Relevant Roles

Chief Executive Officer

Real Estate Director

Property Manager

Legal Counsel

Company Secretary

Chief Financial Officer

Investment Manager

Asset Manager

Development Manager

Operations Director

Compliance Officer

Real Estate Analyst

Corporate Lawyer

Managing Partner

Board Member

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

Find the exact document you need

LLC Operating Agreement For Single Member LLC

Operating agreement for a single-member private limited company (Sdn Bhd) under Malaysian law, establishing governance and operational framework.

find out more

Standard Operating Agreement

A Malaysian law-governed agreement establishing operational procedures and responsibilities between parties for ongoing business operations.

find out more

Single Member Manager Managed LLC Operating Agreement

Malaysian-law compliant operating agreement for a single-member manager-managed LLC, establishing governance and operational framework.

find out more

Multi Member Operating Agreement

A Malaysian law-governed agreement establishing the operational and management framework for a multi-member company, defining member rights, responsibilities, and relationships.

find out more

Manager Managed Operating Agreement

A Malaysian law-governed agreement establishing the framework for a manager-managed company structure, defining management rights and member relationships.

find out more

Standard LLC Agreement

A Malaysian law-governed agreement establishing and regulating a Limited Liability Company's structure, operations, and member relationships.

find out more

Small Business Operating Agreement

A Malaysian law-governed agreement establishing operational guidelines and owner relationships for small businesses.

find out more

Operating Agreement For Non Profit Corporation

A Malaysian law-governed agreement establishing the operational and governance framework for a non-profit corporation.

find out more

Operating Agreement For Incorporation

A Malaysian law-governed agreement that establishes the operational framework and management structure for a newly incorporated company.

find out more

Multi Member LLC Agreement

A Malaysian law-governed agreement establishing the framework and operating rules for a private limited company (Sdn Bhd) with multiple members.

find out more

Management Agreement Between Two Companies

A Malaysian law-governed agreement establishing management services provision between two companies, defining scope, responsibilities, and commercial terms.

find out more

Limited Liability Agreement

A Malaysian law-governed agreement that defines and limits liability exposure between contracting parties, establishing clear boundaries for financial and legal obligations.

find out more

Joint Operation Agreement

A Malaysian law-governed agreement establishing a joint operation between multiple parties, detailing operational management, contributions, and profit sharing arrangements.

find out more

Joint Operating Agreement

A Malaysian law-governed agreement establishing the framework for joint oil and gas operations between multiple parties, detailing operational, financial, and management arrangements.

find out more

Asset Protection LLC Operating Agreement

A Malaysian-law governed operating agreement for an LLC designed to protect assets, detailing member rights, management structure, and asset protection mechanisms.

find out more

Single Member Managed LLC Operating Agreement

Operating agreement for a single-member managed LLC structured as a Malaysian Sdn Bhd, establishing governance and operational framework under Malaysian law.

find out more

LLP Operating Agreement

A Malaysian LLP Operating Agreement establishing the framework and governance structure for a Limited Liability Partnership under Malaysian law.

find out more

Limited Liability Operating Agreement

A Malaysian law-governed agreement establishing the operational framework and member relationships for a limited liability company.

find out more

Limited Liability Company Operating Agreement Single Member

A Malaysian law-governed operating agreement establishing the framework for a single-member LLC's operation and governance.

find out more

Real Estate LLC Operating Agreement

A Malaysian law-governed operating agreement establishing the structure and governance of a real estate-focused LLC, defining member rights and operational framework.

find out more

Management Operating Agreement

A Malaysian law-governed agreement establishing terms for professional management services between property/business owners and management operators.

find out more

Partnership Operating Agreement

A Malaysian law-governed agreement that establishes and regulates business partnership relationships, defining partners' rights, responsibilities, and operational procedures.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.