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 Tenancy agreement, must consult lawyer??

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TSxepa
post Mar 24 2011, 06:48 PM, updated 15y ago

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hi, if i want to do a tenancy agreement for a residential property, should i get the service from lawyer or usually we hv to draft it ourselves and stamp it???
how much the lawyer charge for that?
cutealex
post Mar 24 2011, 07:03 PM

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do it your own, bro
jessy123
post Mar 24 2011, 07:20 PM

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QUOTE(xepa @ Mar 24 2011, 06:48 PM)
hi, if i want to do a tenancy agreement for a residential property, should i get the service from lawyer or usually we hv to draft it ourselves and stamp it???
how much the lawyer charge for that?
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if you are using an agent, they usually have a copy of the tenancy agreement that you can use. And they will get it stamped for you as well.
note stamping fee is payable by tenant.

if you are not using an agent, get one from your friends or whoever has done it before..not easy to just draft it from nothing on your own...
you can use a lawyer - fee would be a few hundred bucks..should be less than RM500
michaellee
post Mar 24 2011, 08:13 PM

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QUOTE(jessy123 @ Mar 24 2011, 07:20 PM)
if you are using an agent, they usually have a copy of the tenancy agreement that you can use. And they will get it stamped for you as well.
note stamping fee is payable by tenant.

if you are not using an agent, get one from your friends or whoever has done it before..not easy to just draft it from nothing on your own...
you can use a lawyer - fee would be a few hundred bucks..should be less than RM500
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Legal fee is usually base on the rental amount.
jessy123
post Mar 24 2011, 08:23 PM

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QUOTE(michaellee @ Mar 24 2011, 08:13 PM)
Legal fee is usually base on the rental amount.
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not necessarily as my regular lawyer does it for a flat fee..
TSxepa
post Mar 24 2011, 08:31 PM

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now i have a draft on hand, so how should i get it stamped? where is the place to do the stamping and how much does it cost?
airline
post Mar 24 2011, 10:35 PM

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I come across tenants who engage their own lawyers drafting the tenancy agreement.
Obviously siding the tenant
A lot in mont kiara. Maybe too oversupply of condos there. Too many units for tenants to pick
CyrusChang
post Mar 24 2011, 10:42 PM

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Lembaga Hasil Dalam Negeri....the place where you pay income tax
twincharger07
post Mar 25 2011, 01:30 AM

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QUOTE(xepa @ Mar 24 2011, 06:48 PM)
hi, if i want to do a tenancy agreement for a residential property, should i get the service from lawyer or usually we hv to draft it ourselves and stamp it???
how much the lawyer charge for that?
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No need... just buat sendiri and go to LHDN office kasi stamp.. very fast only... just fill up the form, pay $$ and stamp...
Nepo
post Mar 25 2011, 09:49 AM

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If u house worth over RM XXXXXX then, u may need a lawyer to protect u interest 'better'.
michaellee
post Mar 25 2011, 10:52 AM

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QUOTE(Nepo @ Mar 25 2011, 09:49 AM)
If u house worth over RM XXXXXX then, u may need a lawyer to protect u interest 'better'.
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I draft all my own tenancy and over the years added clauses to protect myself further. But as per other threads, I always say, drafting the best tenancy agreement is not much help (except for the high class property) as obviously if the tenant wants to cheat, there are 101 ways of doing so.
tanson
post Jul 20 2011, 11:36 AM

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I saw the sample of tenancy agreement, at the signature part:
"in the presence of:-"

So we need a witness here, am I right? Who can be the witness? must be a lawyer?

rakyat
post Jul 20 2011, 11:45 AM

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QUOTE(tanson @ Jul 20 2011, 11:36 AM)
I saw the sample of tenancy agreement, at the signature part:
"in the presence of:-"

So we need a witness here, am I right? Who can be the witness? must be a lawyer?
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Your agent/ your spouse oso can, no need lawyer


Added on July 20, 2011, 11:49 am
QUOTE(michaellee @ Mar 25 2011, 10:52 AM)
I draft all my own tenancy and over the years added clauses to protect myself further. But as per other threads, I always say, drafting the best tenancy agreement is not much help (except for the high class property) as obviously if the tenant wants to cheat, there are 101 ways of doing so.
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Very true in M'sian context. Most of the time difficult to enforce and expensive. Litigation is also really not viable.

You will have better chance if your buddy is a bouncer then a lawyer

This post has been edited by rakyat: Jul 20 2011, 11:49 AM
tanson
post Jul 20 2011, 11:57 AM

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QUOTE(rakyat @ Jul 20 2011, 11:45 AM)
Your agent/ your spouse oso can, no need lawyer
thanks for your reply. rclxms.gif
so, basically anyone will do right? Thanks.
Moshpit
post Jul 24 2011, 03:21 PM

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Let say Im the tenant and I want to do it myself.

What is the steps to be taken.

1) Draf a tenancy agreement done.
2) ...?
3)...?
4)...


kh8668
post Jul 24 2011, 03:27 PM

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Get your tenants to agree all the terms and signed. Otherwise repeat the step 1. Collect all the deposits and rental and issue receipts if any. Take the agreement to stamp in lhdn if you feel needed. Save the copy for yourself and another for your tenants.
kelvyn
post Jul 24 2011, 08:27 PM

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What difference does it make on whether the tenancy agreement is stamped or not?
kh8668
post Jul 24 2011, 08:52 PM

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avoid paying tax to lhdn.kekekeke plus save stamping money. (although not much saving)

stamped agreement is valid document and can be presented in court.

some people said, stamping the agreement only when matter arise. lol.

SUSmy_username
post Jul 25 2011, 12:00 AM

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keep lawyers away from this ... they are rich enough without modifying templates and charging $$$.
kelvyn
post Jul 25 2011, 08:25 AM

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QUOTE(kh8668 @ Jul 24 2011, 09:52 PM)
avoid paying tax to lhdn.kekekeke plus save stamping money. (although not much saving)

stamped agreement is valid document and can be presented in court.

some people said, stamping the agreement only when matter arise. lol.
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If the agreement is stamped, the tenant will have to bear the stamping fees.

As for paying tax. Do you mean the tax on income from the rental?
What happens if you the agreement is stamped but you do not pay the rental income tax? Will they be able to detect and go after you? Just wondering how efficient are these JHDN hmm.gif

tanson
post Jul 25 2011, 03:15 PM

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QUOTE(kelvyn @ Jul 25 2011, 08:25 AM)
If the agreement is stamped, the tenant will have to bear the stamping fees.

As for paying tax. Do you mean the tax on income from the rental?
What happens if you the agreement is stamped but you do not pay the rental income tax? Will they be able to detect and go after you? Just wondering how efficient are these JHDN  hmm.gif
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anyone willing to try? hmm.gif
Moshpit
post Jul 25 2011, 04:09 PM

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My landlord is giving me a permission to do the tenancy agreement. One thing bothering me is I may be promoted to General Manager probably February next year and may be posted to Bangkok. If dapat la..

So can i put this clause on the tenancy agreement :-


Option A
Both Tenant and Landlord are entitled to terminate the agreement by giving 2 months prior notice provided both parties agreed


or should i put it like below

Option B
Both Tenant and Landlord are entitled to terminate the agreement by giving 2 months prior notice.




If I put Option B, there's a chance that the Landlord wont sign and ask me to amend the agreement.. sweat.gif
junksofsam
post Jul 25 2011, 04:19 PM

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Go for option B, there is nothing landlord can do if u really wanted to end the agreement right?

put 2 month deposits and then let landlord charge the monthly rental from there towards the end of your agreement period
kh8668
post Jul 25 2011, 04:23 PM

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QUOTE(kelvyn @ Jul 25 2011, 08:25 AM)
If the agreement is stamped, the tenant will have to bear the stamping fees.

As for paying tax. Do you mean the tax on income from the rental?
What happens if you the agreement is stamped but you do not pay the rental income tax? Will they be able to detect and go after you? Just wondering how efficient are these JHDN  hmm.gif
*
yeah, LHDX is a very efficient body to detect your wealth..kekeke...
kelvyn
post Jul 25 2011, 05:01 PM

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QUOTE(kh8668 @ Jul 25 2011, 05:23 PM)
yeah, LHDX is a very efficient body to detect your wealth..kekeke...
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Probably you are right that they are efficient in getting what you owe them.

As for them to revert on your queries pertaining to their wrong computation, etc, it will take ages. They will give you the run around...

Jacky2032
post May 31 2017, 02:27 AM

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Is witness for tenency agreement need to be responsibility if the tenant is cheating ?
danone116
post Jun 1 2017, 10:23 PM

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QUOTE(Jacky2032 @ May 31 2017, 02:27 AM)
Is witness for tenency agreement need to be responsibility if the tenant is cheating ?
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Good question. I would like to know as wel
danone116
post Jun 1 2017, 10:23 PM

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QUOTE(Jacky2032 @ May 31 2017, 02:27 AM)
Is witness for tenency agreement need to be responsibility if the tenant is cheating ?
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Good question. I would like to know as wel
BEANCOUNTER
post Jun 2 2017, 12:29 AM

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Witness just to confirm that the persons signing the agreement is indeed the persons named in the agreement.

He or she is not reaponaible for the contain of the agreement.
balistafear
post Jun 2 2017, 01:56 AM

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Witness role is just to double confirm the person signing it is real and actual person, not forged signature.

Witness does not hold any liability in event tenancy goes wrong.

Hope this clarifies. Anything else want to ask in private, most welcome to PM me.

 

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