Fixed Term Rental Agreement for Malaysia

Fixed Term Rental Agreement Template for Malaysia

A comprehensive legal document governed by Malaysian law that establishes a fixed-term tenancy relationship between a landlord and tenant. The agreement sets out the specific terms and conditions of the rental arrangement, including rental amount, duration, maintenance responsibilities, and other obligations of both parties. It incorporates relevant provisions from Malaysian legislation, including the National Land Code 1965 and Contracts Act 1950, and provides clear mechanisms for enforcement and dispute resolution under Malaysian jurisdiction.

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What is a Fixed Term Rental Agreement?

The Fixed Term Rental Agreement is a crucial legal document used in Malaysia when establishing a definite period tenancy between property owners and tenants. This document is essential for both residential and commercial property rentals, providing a clear framework for the landlord-tenant relationship. It ensures compliance with Malaysian property and contract law, including the National Land Code 1965, Contracts Act 1950, and relevant state-level legislation. The agreement typically includes detailed terms covering rental payments, security deposits, maintenance responsibilities, utility charges, and specific conditions of use. It's designed to protect both parties' interests while providing clear remedies in case of breach or default. The fixed term nature of the agreement provides certainty regarding the duration of the tenancy and the conditions under which it may be terminated or renewed.

What sections should be included in a Fixed Term Rental Agreement?

1. Parties: Identification and details of the landlord and tenant, including NRIC/passport numbers and addresses

2. Background: Brief context of the rental arrangement and property ownership

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

4. Demised Premises: Detailed description of the rental property, including address and property type

5. Term and Possession: Duration of tenancy, commencement date, and possession details

6. Rental and Payment Terms: Monthly rental amount, payment method, due dates, and security deposit details

7. Utility Charges: Responsibility for utility payments and arrangements

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

9. Maintenance and Repairs: Responsibilities for maintenance, repairs, and upkeep of the property

10. Landlord's Covenants: Obligations and promises of the landlord

11. Tenant's Covenants: Obligations and promises of the tenant

12. Insurance: Insurance requirements and responsibilities

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

14. Notices: How formal notices should be given between parties

15. Governing Law: Specification of Malaysian law as governing law

16. Execution: Signature blocks and witnessing requirements

What sections are optional to include in a Fixed Term Rental Agreement?

1. Subletting and Assignment: Include when subletting or assignment might be permitted under specific conditions

2. Renovation and Alterations: Include when specific renovation or alteration works are anticipated or to be prohibited

3. Option to Renew: Include when offering the tenant an option to renew the lease for an additional term

4. Break Clause: Include when either party wants the ability to terminate early under specific conditions

5. Shared Facilities: Include for properties with common areas or shared facilities

6. Parking: Include when parking facilities are part of the rental

7. Pet Policy: Include when specific pet restrictions or permissions are necessary

8. Special Conditions: Include when there are property-specific requirements or unique arrangements

What schedules should be included in a Fixed Term Rental Agreement?

1. Schedule 1 - Inventory List: Detailed inventory of furnishings and fixtures provided with the property

2. Schedule 2 - Property Condition Report: Detailed description of property condition at commencement of tenancy

3. Schedule 3 - House Rules: Specific rules and regulations for the property or building

4. Schedule 4 - Special Provisions: Any additional terms or specific arrangements agreed between parties

5. Appendix A - Floor Plan: Layout and floor plan of the rental property

6. Appendix B - Photographs: Documentary photographs of property condition

7. Appendix C - Utilities Reading: Initial meter readings for utilities at commencement of tenancy

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Malaysia

Publisher

Genie AI

Document Type

Agreement Contract

Cost

Free to use
Relevant Industries

Real Estate

Residential Property

Commercial Property

Legal Services

Property Management

Real Estate Agency

Corporate Housing

Retail

Office Space

Industrial

Relevant Teams

Legal

Real Estate

Facilities Management

Property Management

Operations

Compliance

Administrative Support

Asset Management

Corporate Services

Housing Operations

Tenant Relations

Relevant Roles

Property Manager

Real Estate Agent

Legal Counsel

Facilities Manager

Corporate Housing Manager

Leasing Executive

Property Administrator

Asset Manager

Real Estate Director

Compliance Officer

Housing Operations Manager

Tenant Relations Manager

Legal Administrator

Property Owner

Business Development Manager

Retail Space 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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