I found an interesting article from Malaysian Bar website . So, i think some of you might be interested to read it. LAW & REALTY: Tenancy Agreement Contributed by Nicole Tan Lee Koon The Sun, Friday, 03 August 2007 08:31am A TENANCY agreement is defined as a contract signed by landlord and tenant which states all the terms and conditions of rent of a property. Tenancy is similar to a lease except that it is created for a term not exceeding three years. Unlike a lease, it cannot be registered. Deposits Tenants usually pay a security deposit of two months’ gross rental and another month’s rent as utility (water and electricity) deposit. Rent is usually paid one month in advance. Therefore, if the rental is RM500, the amount payable upon execution of the tenancy agreement is RM2,000. The rights of landlords and tenants The landlord and tenant are bound by the terms of the tenancy agreement. Their rights are provided for in the said agreement. The principle of ...
Catatan dan pengalaman Rohaniah Noor dalam pengembaraan, pelaburan hartanah, takaful, perbukuan dan self-love.