Dear Sifus,
I found the tenancy agreement calculator here
http://1-million-dollar-blog.com/calculato...uty-calculator/
My tenancy agreement start on 1st June 2015, however I only will sent the stamping in mid July due to some problem, anyone know how to calculate the penalty? Here some info I get from website but not sure how to calculate it
Penalty
An instrument may be stamped within 30 days of its execution if executed within Malaysia or within 30 days after it has been first received in Malaysia if it has been executed outside Malaysia.
If it is not stamped within the period stipulated, a penalty of
RM25.00 or 5% of the deficient duty, whichever is the greater, if stamped within 3 months after the time for stamping;
RM50.00 or 10% of the deficient duty, whichever is the greater, if stamped after 3 months but not later than 6 months after the time for stamping;
RM100.00 or 20% of the deficient duty, whichever is the greater, if stamped after 6 months from the time for stamping;
My Rental - RM 2000 per month
Term - 2 years
Total - RM 24000
Total Stamp Duty is about RM194
My assumption is RM2000 x 5% so the penalty is RM3.33 per day?
Guide to Tenancy (updated 26/5/2019), Tenancy
Jul 8 2015, 08:41 PM
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