Mutual Agreement To End Tenancy for Malaysia

Mutual Agreement To End Tenancy Template for Malaysia

This document serves as a formal agreement between landlord and tenant to mutually terminate an existing tenancy agreement in Malaysia. It complies with Malaysian property law, including the National Land Code 1965 and Contracts Act 1950, and provides a structured framework for early termination of lease arrangements. The agreement covers essential elements such as termination date, property handover procedures, settlement of outstanding payments, and the return of security deposits, ensuring a clear and legally sound path for both parties to end their tenancy relationship amicably.

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What is a Mutual Agreement To End Tenancy?

The Mutual Agreement To End Tenancy is a crucial document used in Malaysian property law when both landlord and tenant agree to terminate their lease arrangement before its natural expiration. This document is particularly relevant when circumstances require an early end to the tenancy and both parties are amenable to the termination. It incorporates provisions from key Malaysian legislation including the National Land Code 1965 and Contracts Act 1950, ensuring legal compliance and protecting both parties' interests. The agreement typically includes detailed terms for property handover, final settlements, and mutual release from ongoing obligations. It's commonly used in both residential and commercial contexts, providing a clear framework for amicable termination while preventing future disputes.

What sections should be included in a Mutual Agreement To End Tenancy?

1. Parties: Identification of the landlord and tenant, including full names, addresses, and any registration numbers for companies

2. Background: Details of the original tenancy agreement including its date, property address, and current status

3. Definitions: Key terms used in the agreement including 'Property', 'Original Tenancy Agreement', 'Termination Date'

4. Agreement to Terminate: Clear statement of mutual agreement to end the tenancy and the effective termination date

5. Return of Property: Conditions for returning the property, including cleaning requirements and inspection arrangements

6. Security Deposit: Agreement on the handling and return of the security deposit, including any deductions

7. Outstanding Payments: Settlement of any remaining rent, utilities, or other payments

8. Release of Obligations: Mutual release from future obligations under the original tenancy agreement

9. Governing Law: Confirmation that the agreement is governed by Malaysian law

10. Execution: Signature blocks for all parties and witnesses

What sections are optional to include in a Mutual Agreement To End Tenancy?

1. Handover Procedure: Detailed process for property handover, used when specific arrangements need to be documented

2. Forwarding Address: New contact details for the tenant, included when future correspondence is expected

3. Property Damage: Specific agreements about repair or compensation for any damage, used when there are outstanding repair issues

4. Keys and Access Devices: Specific provisions about returning keys, access cards, or remote controls, used for properties with security systems

5. Third Party Services: Arrangements for ending or transferring utility services, internet contracts etc., used when these need to be addressed

What schedules should be included in a Mutual Agreement To End Tenancy?

1. Schedule 1: Property Inventory: Current condition report and inventory list for comparison with move-in documentation

2. Schedule 2: Payment Settlement: Detailed breakdown of final payments, including rent, utilities, and deposit calculations

3. Schedule 3: Handover Checklist: List of items to be checked during the final inspection

4. Appendix A: Original Tenancy Agreement: Copy or key details of the original tenancy agreement being terminated

5. Appendix B: Property Photographs: Current dated photographs of the property condition

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

Cost

Free to use
Relevant Industries

Real Estate

Residential Property

Commercial Property

Retail

Office Space

Industrial Property

Property Management

Legal Services

Housing Development

Facilities Management

Relevant Teams

Legal

Property Management

Real Estate Operations

Facilities Management

Contract Administration

Asset Management

Leasing

Property Administration

Tenant Relations

Documentation

Relevant Roles

Property Manager

Real Estate Agent

Leasing Manager

Legal Counsel

Facilities Manager

Property Administrator

Tenancy Coordinator

Asset Manager

Real Estate Operations Manager

Contract Administrator

Legal Administrator

Housing Officer

Property Portfolio 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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