Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

Household [WTA] contract fee for condo rental, who should absorb the cost?

views
     
TSkenneth_ng
post Sep 11 2009, 02:20 PM, updated 17y ago

Getting Started
**
Junior Member
73 posts

Joined: Dec 2006


recently i rent a condo from a house owner thru an agent. however, the agent claims that i need to pay for the contract fee. when i asked most of my colleagues, they said the agent should absorb the cost? which is true? pls help to explain further here. TQ
ehl
post Sep 11 2009, 02:49 PM

Getting Started
**
Junior Member
141 posts

Joined: Aug 2009
From: KL


Can you elaborate further what u mean by contract fee?

Is the the tenancy agreement fee?
Raub
post Sep 11 2009, 02:55 PM

On my way
****
Senior Member
611 posts

Joined: Sep 2005
QUOTE(kenneth_ng @ Sep 11 2009, 02:20 PM)
recently i rent a condo from a house owner thru an agent. however, the agent claims that i need to pay for the contract fee. when i asked most of my colleagues, they said the agent should absorb the cost? which is true? pls help to explain further here. TQ
*
You just tell him wait lah...Owner will pay..
cactus1
post Sep 11 2009, 03:16 PM

Getting Started
**
Junior Member
131 posts

Joined: May 2008
tenant pay.
in some state, such as selangor, johore, perak, Tenant pay for the fees.

this fee inclusive of preparation of contract, stamping fees, which should be less than rm 200
overthemoon
post Sep 11 2009, 03:32 PM

Getting Started
**
Junior Member
232 posts

Joined: Mar 2008
Tenant pays for stamping fees. Although you may argue that actual stamping fee imposed by the Revenue Office is peanuts, it actually encompasses the drawing up of the agreement (though agent would have probably downloaded it for free somewhere) and agent's miscellaneous expenses (petrol, phone calls).

This post has been edited by overthemoon: Sep 11 2009, 03:33 PM
probiotix
post Sep 11 2009, 04:48 PM

Getting Started
**
Junior Member
68 posts

Joined: Feb 2006


Obviously Tenant pays for contract preparation fees + stamping fees.

If you not happy, you can always go to a lawyer.
They will charge you 1/4 of your rental amount + miscellaneous expenses which normally amounts to hundreds.

Agent charge u RM100-200 considered cheap already.





SUSjasonhanjk
post Sep 11 2009, 05:04 PM

Regular
******
Senior Member
1,068 posts

Joined: Jan 2007


I will ask my tenant to pay.
If they don't pay, will ask them go to somewhere else.
ehl
post Sep 11 2009, 10:39 PM

Getting Started
**
Junior Member
141 posts

Joined: Aug 2009
From: KL


i ask tenant pay, incl stamp dutie.
daryl.k
post Nov 4 2009, 07:50 PM

Casual
***
Junior Member
467 posts

Joined: Feb 2007


no need to ask...its in the law...tenant have to prepare everything. 'contract' is actually known as tenancy agreement.

tenant need hire lawyer to prepare, pay for it, and let owner sign & keep a copy.
sam0919
post Nov 4 2009, 08:03 PM

Regular
******
Senior Member
1,285 posts

Joined: Mar 2007


then my landlord i think is the nicest person as during the time i sign tenancy agreement , all those fees bear by her. i just only have to pay the deposit for 3 months rental + electricity + water bill deposit
yikjaan
post Nov 20 2009, 02:24 AM

Getting Started
**
Junior Member
160 posts

Joined: Mar 2007
From: Cyberjaya


too bad...i need to pay for that....as said by agent and tenant refuse to pay for this as well sad.gif
edyek
post Dec 1 2009, 02:05 PM

Business Rating :
*******
Senior Member
3,820 posts

Joined: Jan 2009
From: Land of the Hornbills & Land Below the Wind


QUOTE(kenneth_ng @ Sep 11 2009, 02:20 PM)
recently i rent a condo from a house owner thru an agent. however, the agent claims that i need to pay for the contract fee. when i asked most of my colleagues, they said the agent should absorb the cost? which is true? pls help to explain further here. TQ
*
There is no fix rules in absorbing any cost. Different state has different "Trend". In my state Sarawak, it is bear by the owner regarding what cost it is.
It will totally depends on your negotiation with the owner who should absorb the cost.
ken6828
post Dec 4 2009, 03:22 PM

Getting Started
**
Junior Member
241 posts

Joined: Aug 2008
From: Safe_Trader



yup, kl and selangor area is pay by tenant

 

Change to:
| Lo-Fi Version
0.0185sec    1.20    5 queries    GZIP Disabled
Time is now: 21st December 2025 - 02:42 PM