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Rental Fee Agreement Template for Malaysia

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Key Requirements PROMPT example:

Rental Fee Agreement

"I need a Rental Fee Agreement for a commercial office space in Kuala Lumpur, starting March 1, 2025, with specific provisions for shared facilities management and after-hours access control."

Document background
The Rental Fee Agreement serves as a crucial legal instrument in Malaysian property transactions, establishing the contractual relationship between landlords and tenants. This document is essential when leasing any type of property, whether residential or commercial, and should be used whenever a formal rental arrangement is established. The agreement encompasses key elements required under Malaysian law, including detailed rental payment terms, security deposit provisions, maintenance responsibilities, and conditions for termination. It complies with relevant Malaysian legislation such as the Contracts Act 1950, National Land Code 1965, and Stamp Act 1949, providing a legally enforceable framework for rental arrangements while protecting the interests of all parties involved.
Suggested Sections

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

2. Background: Context of the rental agreement, including brief description of the property and purpose of the rental

3. Definitions: Clear definitions of key terms used throughout the agreement

4. Rental Terms: Specific details about the rental fee, payment schedule, and duration of the agreement

5. Security Deposit: Amount, terms of payment, and conditions for refund of the security deposit

6. Maintenance and Repairs: Responsibilities of both parties regarding property maintenance and repairs

7. Utilities and Services: Allocation of responsibility for utility payments and services

8. Use of Premises: Permitted uses of the property and any restrictions

9. Rights and Obligations: General rights and obligations of both landlord and tenant

10. Termination: Conditions and procedures for termination of the agreement

11. Governing Law: Specification of Malaysian law as the governing law and jurisdiction

Optional Sections

1. Insurance: Requirements for property insurance and content insurance, relevant for high-value properties or commercial rentals

2. Subletting: Terms regarding subletting or assignment of the rental property, typically included for longer-term or commercial leases

3. Renovation and Alterations: Terms for making changes to the property, important for commercial properties or long-term residential leases

4. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in uncertain times or for commercial properties

5. Pet Policy: Rules regarding keeping pets on the premises, relevant for residential properties

6. Common Area Usage: Rules for shared facilities, relevant for properties in multi-unit buildings or complexes

7. Pest Control: Responsibilities for pest control, particularly relevant in tropical climate conditions

Suggested Schedules

1. Schedule A - Property Details: Detailed description of the property, including address, size, boundaries, and included fixtures and fittings

2. Schedule B - Rental Payment Schedule: Detailed breakdown of rental payments, including due dates and payment methods

3. Schedule C - Inventory List: Comprehensive list of furniture, appliances, and other items included in the rental

4. Schedule D - Property Condition Report: Detailed assessment of the property's condition at the start of the tenancy

5. Appendix 1 - House Rules: Specific rules and regulations for the use of the property

6. Appendix 2 - Maintenance Schedule: Regular maintenance schedule and responsibilities of each party

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

Commercial Property

Residential Property

Retail

Office Space

Industrial

Hospitality

Education

Healthcare

Relevant Teams

Legal

Real Estate

Property Management

Operations

Facilities

Administration

Compliance

Asset Management

Contract Management

Relevant Roles

Property Manager

Real Estate Agent

Leasing Manager

Facilities Manager

Legal Counsel

Contract Administrator

Asset Manager

Property Administrator

Building Manager

Operations Manager

Compliance Officer

Real Estate Director

Housing Officer

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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