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?
Tenancy agreement, must consult lawyer??
Tenancy agreement, must consult lawyer??
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Mar 24 2011, 06:48 PM, updated 15y ago
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#1
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367 posts Joined: Dec 2010 |
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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Mar 24 2011, 07:03 PM
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#2
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4,790 posts Joined: Dec 2008 |
do it your own, bro
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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??? 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.how much the lawyer charge for that? 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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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. Legal fee is usually base on the rental amount.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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Mar 24 2011, 08:23 PM
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#5
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Mar 24 2011, 08:31 PM
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#6
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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?
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Mar 24 2011, 10:35 PM
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#7
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7,923 posts Joined: Feb 2007 From: 1 Malaysia |
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 |
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Mar 24 2011, 10:42 PM
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#8
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Lembaga Hasil Dalam Negeri....the place where you pay income tax
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Mar 25 2011, 01:30 AM
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#9
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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??? No need... just buat sendiri and go to LHDN office kasi stamp.. very fast only... just fill up the form, pay $$ and stamp...how much the lawyer charge for that? |
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Mar 25 2011, 09:49 AM
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408 posts Joined: Dec 2010 |
If u house worth over RM XXXXXX then, u may need a lawyer to protect u interest 'better'.
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Mar 25 2011, 10:52 AM
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QUOTE(Nepo @ Mar 25 2011, 09:49 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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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? |
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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: Your agent/ your spouse oso can, no need lawyer"in the presence of:-" So we need a witness here, am I right? Who can be the witness? must be a 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. 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 |
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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. so, basically anyone will do right? Thanks. |
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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)... |
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Jul 24 2011, 03:27 PM
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5,488 posts Joined: Jun 2008 |
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.
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Jul 24 2011, 08:27 PM
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What difference does it make on whether the tenancy agreement is stamped or not?
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Jul 24 2011, 08:52 PM
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5,488 posts Joined: Jun 2008 |
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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Jul 25 2011, 12:00 AM
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keep lawyers away from this ... they are rich enough without modifying templates and charging $$$.
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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) If the agreement is stamped, the tenant will have to bear the stamping fees.stamped agreement is valid document and can be presented in court. some people said, stamping the agreement only when matter arise. lol. 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 |
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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. anyone willing to try? 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 |
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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.. |
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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 |
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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. yeah, LHDX is a very efficient body to detect your wealth..kekeke...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 |
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Jul 25 2011, 05:01 PM
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3,173 posts Joined: May 2007 |
QUOTE(kh8668 @ Jul 25 2011, 05:23 PM) 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... |
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May 31 2017, 02:27 AM
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Newbie
1 posts Joined: May 2017 |
Is witness for tenency agreement need to be responsibility if the tenant is cheating ?
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Jun 1 2017, 10:23 PM
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26 posts Joined: Oct 2014 |
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Jun 1 2017, 10:23 PM
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Jun 2 2017, 12:29 AM
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All Stars
20,146 posts Joined: May 2011 |
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. |
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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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