The Simple Lease Agreement serves as a fundamental legal instrument in Malaysian property transactions, designed to formalize rental arrangements between property owners and tenants. This document is essential for both residential and commercial property rentals in Malaysia, incorporating provisions compliant with the National Land Code 1965, Contracts Act 1950, and other relevant Malaysian legislation. The agreement typically includes comprehensive details about the property, rental terms, payment schedules, maintenance responsibilities, and termination conditions. It's particularly useful for straightforward rental arrangements where standard terms are sufficient, as opposed to more complex commercial leases. The Simple Lease Agreement provides legal protection for both parties while ensuring clarity in their respective rights and obligations throughout the tenancy period.
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1. Parties: Identifies and provides full details of the landlord and tenant, including names, identification numbers, and addresses
2. Background: Brief context of the lease arrangement and property ownership
3. Definitions: Defines key terms used throughout the agreement for clarity and legal certainty
4. Demised Premises: Detailed description of the leased property, including address and boundaries
5. Term and Commencement: Specifies the duration of the lease and start date
6. Rent and Payment Terms: Details of rent amount, payment schedule, and method of payment
7. Security Deposit: Amount, payment terms, and conditions for return of the security deposit
8. Utilities and Outgoings: Responsibility for utility payments and other ongoing expenses
9. Use of Premises: Permitted use of the property and any restrictions
10. Maintenance and Repairs: Responsibilities of landlord and tenant for property maintenance
11. Insurance: Required insurance coverage and responsibilities
12. Termination: Conditions and process for ending the lease
13. Governing Law: Specifies Malaysian law as governing law
14. Execution: Signature blocks and attestation
1. Option to Renew: Terms for lease renewal - include when offering tenant the right to extend the lease
2. Subletting and Assignment: Terms for subletting - include when allowing or specifically prohibiting subletting
3. Renovation and Alterations: Terms for property modifications - include for commercial properties or when renovations are anticipated
4. Break Clause: Early termination provisions - include when offering flexibility to end lease early
5. Quiet Enjoyment: Landlord's covenant for tenant's peaceful occupation - recommended for residential leases
6. Pet Policy: Rules regarding pets - include for residential properties
7. Car Parking: Parking space allocation and rules - include when parking is available
8. Force Majeure: Provisions for unforeseen circumstances - include for longer-term or commercial leases
1. Schedule 1 - Property Details: Detailed description of property including floor plan, boundaries, and included fixtures/fittings
2. Schedule 2 - Inventory List: List of furniture and appliances included in the lease, with condition report
3. Schedule 3 - House Rules: Building or development rules and regulations, if applicable
4. Schedule 4 - Special Conditions: Any additional terms specific to this lease
5. Appendix A - Handover Form: Property condition checklist for move-in and move-out
6. Appendix B - Maintenance Schedule: Schedule of regular maintenance responsibilities and intervals
Relevant legal definitions
Agreement
Commencement Date
Demised Premises
Deposit
Expiry Date
Identity Card
Landlord
Lease Period
Lease Term
Monthly Rental
Payment Date
Permitted Use
Property
Rental
Security Deposit
Tenant
Utilities
Working Day
Building
Common Areas
Fixtures
Fittings
Maintenance Charges
Notice
Outgoings
Parties
Schedule
Term
Commencement Date
Demised Premises
Deposit
Expiry Date
Identity Card
Landlord
Lease Period
Lease Term
Monthly Rental
Payment Date
Permitted Use
Property
Rental
Security Deposit
Tenant
Utilities
Working Day
Building
Common Areas
Fixtures
Fittings
Maintenance Charges
Notice
Outgoings
Parties
Schedule
Term
Clauses
Relevant Industries
Real Estate
Residential Property
Commercial Property
Retail
Office Space
Industrial
Hospitality
Agriculture
Education
Healthcare
Relevant Teams
Legal
Real Estate
Operations
Administration
Compliance
Facilities Management
Property Management
Asset Management
Contract Administration
Risk Management
Relevant Roles
Property Manager
Real Estate Agent
Leasing Manager
Facilities Manager
Legal Counsel
Property Owner
Business Owner
Operations Manager
Administrative Officer
Compliance Officer
Real Estate Executive
Asset Manager
Housing Officer
Property Administrator
Contract Manager
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