Lease Agreement

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Lease Agreement Video Description 

服务描述

  • A Lease 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, covering aspects such as rent payment, property usage, and maintenance responsibilities.

GOV Department

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

执照名称(马来文)

  • Perjanjian Pajakan

Details

  • The agreement specifies the lease duration, rental amount, security deposit, and permitted use of the property.
  • It includes terms for property maintenance, renewal, and termination.
  • Applicable for residential, commercial, and industrial properties.
  • Ensures compliance with local property laws, such as the Rental Control Act or applicable housing regulations.

Important Rules

  • The lease agreement must be signed by both parties to be enforceable.
  • Security deposits should not exceed two months’ rent for residential properties unless specified otherwise.
  • Both parties must adhere to the terms related to rent payment, property maintenance, and notice periods for termination.
  • The tenant cannot sublease or alter the property without the landlord’s consent.
  • Agreements exceeding a certain duration may require stamping under the Stamp Act 1949 to be legally binding.

Compound & Punishment

  • Failure to properly document or stamp the agreement may result in:
    • The agreement being inadmissible in court during disputes.
    • Fines or penalties for non-compliance with local laws.
  • Breach of the lease terms, such as non-payment of rent or unauthorized use of the property, may lead to:
    • Termination of the lease.
    • Legal action and possible monetary damages.

法律顾问

Penny Lim , 法律顾问 

Penny女士专注于识别潜在法律问题,并在政府法规、消费者保护和公平雇佣领域提供解决方案。她的主要职责包括: 提供关于政府及商业许可的法律建议, 在签署文件前审查法律文件。,根据公司需要完成法律研究。