Tenancy Agreement

Description

• A Tenancy Agreement is a legally binding contract between a landlord (lessor) and a tenant (lessee) that outlines the terms and conditions for renting a property. It establishes the rights and obligations of both parties regarding the use, maintenance, and payment for the property.

GOV Department

• Kementerian Perumahan dan Kerajaan Tempatan (KPKT) / Ministry of Housing and Local Government

License Name (Malay)

• Perjanjian Penyewaan

Details

• Specifies key terms, including the rental amount, payment schedule, duration of the tenancy, and security deposit.
• Defines the responsibilities of both the landlord and the tenant for property maintenance and repairs.
• Includes clauses for termination, renewal, and penalties for breach of agreement.
• Addresses additional conditions such as subletting, usage restrictions, and utilities management.
• Ensures compliance with the Contracts Act 1950 and other housing regulations.

Important Rules

• Both parties must sign the agreement, and it should be stamped under the Stamp Act 1949 to be legally enforceable.
• Security deposits should not exceed two months’ rent unless otherwise agreed.
• The landlord must provide a habitable property and ensure the tenant's peaceful enjoyment of the premises.
• The tenant must pay rent on time, maintain the property, and abide by the usage terms.
• Any modifications or early termination of the agreement must follow the specified procedures.

Compound & Punishment

• Failure to properly document or stamp the agreement may result in:
  • The agreement being inadmissible in court during disputes.
  • Fines or penalties under the Stamp Act 1949.
• Breach of tenancy terms, such as non-payment of rent or unauthorized use of the property, may lead to:
  • Termination of the tenancy.
  • Legal action and compensation claims by the aggrieved party.

Advisor