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1. Parties: Identification of the Landlord and Tenant, including full names, identification numbers, and addresses
2. Background: Details of the original tenancy agreement including its date, property address, and term
3. Definitions: Definitions of key terms used in the agreement including 'Release Date', 'Property', 'Original Agreement', etc.
4. Release and Discharge: The core provision releasing both parties from their obligations under the original tenancy agreement
5. Effective Date: Specification of when the release takes effect
6. Settlement of Accounts: Details of any final payments, return of deposits, and settlement of utilities
7. Property Handover: Requirements for the condition of the property upon return and the handover process
8. Mutual Covenants: Promises by both parties regarding the release, including waiver of claims
9. Governing Law: Specification that Malaysian law governs the agreement
1. Outstanding Repairs: Include when there are specific repair obligations to be addressed before release
2. Third Party Obligations: Include when there are guarantors or other third parties involved in the original agreement
3. Surviving Obligations: Include when certain obligations from the original agreement should survive the release
4. Confidentiality: Include when parties wish to keep the terms of the release private
5. Tax Provisions: Include when there are specific tax implications that need to be addressed
1. Schedule 1 - Property Inventory: List of items and their condition at the time of release
2. Schedule 2 - Settlement Calculation: Detailed breakdown of all financial settlements including deposit returns and any deductions
3. Schedule 3 - Handover Checklist: Checklist of items to be completed before and during the property handover
4. Appendix A - Original Tenancy Agreement: Copy of the original tenancy agreement being terminated
5. Appendix B - Property Inspection Report: Final inspection report documenting the condition of the property
Definitions
Interpretation
Release and Discharge
Property Handover
Return of Deposit
Settlement of Accounts
Representations and Warranties
Mutual Release
Confidentiality
Governing Law
Severability
Entire Agreement
Further Assurance
Notices
Assignment
Costs
Execution
Force Majeure
Waiver
Amendment
Third Party Rights
Dispute Resolution
Real Estate
Property Management
Residential Property
Commercial Property
Legal Services
Property Development
Retail
Hospitality
Office Space Management
Industrial Property
Legal
Real Estate
Property Management
Facilities
Operations
Compliance
Administrative
Asset Management
Tenant Relations
Contract Administration
Property Manager
Real Estate Agent
Legal Counsel
Facilities Manager
Property Administrator
Leasing Manager
Asset Manager
Compliance Officer
Contract Administrator
Property Operations Manager
Tenant Relations Manager
Real Estate Director
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