Anyone has experience engaging a lawyer to vet and advise on tenancy agreement ? How much it will cost ? Any lawyer to recommend ?
Engaging a lawyer to advise on tenancy agreement
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 Mar 8 2017, 12:54 PM, updated 9y ago
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#1
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80 posts Joined: Oct 2015 
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Mar 8 2017, 01:36 PM
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#2
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80 posts Joined: Oct 2015
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QUOTE(shaniandras2787 @ Mar 8 2017, 01:33 PM) the prescribed rate for legal fees to prepare a tenancy agreement is 1/4 of the monthly rental, disbursements should be around RM300 - RM400... stamp duty excluded. Thanks for that. Mine is mainly for the lawyer to advise on the agreement drafted by the tenant. Does the same charge applies ? |
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Mar 8 2017, 07:50 PM
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#3
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QUOTE(nookie188 @ Mar 8 2017, 01:41 PM) usually tenancy legal fee is paid by the tenant.. Yup. But the tenant actually prepare the agreement. It is just that I would like a lawyer to look at it so that my rights are protected. Don't think the tenant will want to pay for this- make sure you communicate this to your tenant before running off to hire a lawyer |
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Mar 23 2017, 08:51 PM
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#4
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Just to update everyone. I did engage a lawyer to vet my ageeement. In the end didn't go ahead with the tenancy. But I thought getting the legal advice is worth it. A peace of mind
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Mar 28 2017, 08:19 PM
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#5
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QUOTE(hanhanhan @ Mar 24 2017, 02:53 PM) i assume it's a commercial tenancy? It is actually house tenancy. This company want to rent my place for short term accommodation to their guests visiting Malaysia. I went to check out the company and noted that it is newly set up. Plus they are asking me to replace a lot of furnitures. So I'm worried that things might go wrong and want to protect myself by having a lawyer to vet through the agreement.for house tenancy usually its pretty straightforward. but be careful on commercial / mall tenancies - usually the clauses cannot be changed so u will need to be aware of your obligations under the agreement. Strangely in the end we cant agree on the T&C, so i asked them to look for another unit. Now my agent just replied that they agree to my T&C. I thought it's rather fishy since they should be able to find an unit fairly quick in this market. So I'm not sure if I want to go with them too |
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Mar 29 2017, 04:48 PM
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#6
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QUOTE(hanhanhan @ Mar 29 2017, 12:11 PM) » Click to show Spoiler - click again to hide... « I'm guessing that it should be fairly simple on the terms:- 1. if u want, u can get new furniture, but insert a clause that they have to replace if spoil (fair wear and tear excepted) upon expiry of the term; 2. no sublet (but in reality it's difficult to enforce) - many companies use this to do airbnb business 3. payment of utilities bill every month and show evidence upon payment of rental I dont think there's much to be disputed on in house tenancies, whether dealing with a company or individual. |
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Mar 31 2017, 11:48 PM
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#7
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QUOTE(hanhanhan @ Mar 30 2017, 10:50 AM) » Click to show Spoiler - click again to hide... « on a side note, why wouldn't you rent it to a company to do airbnb? I would think that they would take care and maintain the place even better than a normal tenant would, as their ratings and reviews will depend on the cleanliness of the place. |
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