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Rent To Rent Management Contract Template for Malaysia

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Key Requirements PROMPT example:

Rent To Rent Management Contract

"I need a Rent to Rent Management Contract for my 15-unit apartment building in Kuala Lumpur, where the management company will guarantee monthly rental income of RM45,000 and handle all tenant management and maintenance, with the agreement to start from March 1, 2025."

Document background
The Rent To Rent Management Contract is a specialized agreement used in the Malaysian property market when a property owner wishes to delegate complete management responsibility to a professional management company while receiving guaranteed rental income. This arrangement is particularly suitable for owners seeking passive income without direct involvement in property management, and for management companies looking to expand their portfolio without property acquisition. The document comprehensively covers all aspects of the arrangement including guaranteed rent amounts, management responsibilities, maintenance obligations, and compliance with Malaysian property laws and regulations. It's structured to protect both parties' interests while ensuring clear operational guidelines and risk management procedures. This contract type is increasingly popular in both residential and commercial sectors across Malaysia, especially in urban areas where professional property management is in high demand.
Suggested Sections

1. Parties: Details of the property owner (First Party) and the management company (Second Party)

2. Background: Context of the agreement, including property details and purpose of the management arrangement

3. Definitions: Key terms used throughout the agreement including Property, Management Services, Rental Income, etc.

4. Appointment and Term: Formal appointment of the management company and duration of the agreement

5. Management Company's Rights: Rights granted to the management company including authority to let property and collect rent

6. Management Company's Obligations: Core responsibilities including property maintenance, tenant management, and reporting

7. Property Owner's Obligations: Owner's responsibilities including maintaining property insurance and structural repairs

8. Financial Terms: Payment structure, guaranteed rent amounts, management fees, and payment schedules

9. Property Maintenance: Maintenance responsibilities, procedures, and budget allocation

10. Insurance and Liability: Required insurance coverage and allocation of liability between parties

11. Compliance: Obligations to comply with relevant laws, regulations, and property standards

12. Termination: Grounds for termination, notice periods, and consequences of termination

13. Dispute Resolution: Process for resolving disputes including mediation and arbitration procedures

Optional Sections

1. Special Conditions: Used when there are unique requirements or circumstances specific to the property or arrangement

2. Additional Services: Include when management company offers services beyond standard property management

3. Performance Metrics: Add when parties want to include specific KPIs and performance measurement criteria

4. Property Improvement: Include when agreement covers property renovation or improvement works

5. Sub-letting Restrictions: Add specific restrictions on sub-letting arrangements if required

6. Force Majeure: Include specific provisions for unforeseen circumstances affecting property management

7. Change of Ownership: Add when specific provisions for property sale or transfer are needed

Suggested Schedules

1. Schedule 1 - Property Details: Detailed description of the property including address, features, and condition report

2. Schedule 2 - Management Services: Comprehensive list of included management services and responsibilities

3. Schedule 3 - Fee Structure: Detailed breakdown of all fees, charges, and payment terms

4. Schedule 4 - Maintenance Schedule: Planned maintenance activities and responsibilities

5. Schedule 5 - Reporting Requirements: Format and frequency of required management reports

6. Appendix A - Property Photos: Photographic evidence of property condition at agreement start

7. Appendix B - Certificates and Licenses: Copies of relevant property certificates and management licenses

8. Appendix C - Insurance Certificates: Copies of required insurance policies and certificates

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








































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Relevant Industries

Real Estate

Property Management

Residential Property

Commercial Property

Property Investment

Facilities Management

Real Estate Investment

Property Development

Relevant Teams

Legal

Property Management

Operations

Finance

Compliance

Risk Management

Asset Management

Business Development

Real Estate

Facilities Management

Relevant Roles

Property Manager

Real Estate Manager

Facilities Manager

Property Owner

Asset Manager

Legal Counsel

Real Estate Director

Operations Manager

Portfolio Manager

Property Investment Manager

Compliance Officer

Risk Manager

Financial Controller

Business Development Manager

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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