Engaging a lawyer to advise on tenancy agreement
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 Mar 15 2017, 12:45 PM
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#1
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Senior Member
1,200 posts Joined: Oct 2006 From: Kuala Lumpur  
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QUOTE(Mrsticker251 @ Mar 8 2017, 07:50 PM) 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 same fees still apply (25% of monthly rental) if u want lawyer to vet through the agreement. |
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Mar 24 2017, 02:53 PM
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#2
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Senior Member
1,200 posts Joined: Oct 2006 From: Kuala Lumpur
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QUOTE(Mrsticker251 @ Mar 23 2017, 08:51 PM) 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 i assume it's a commercial tenancy? 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. |
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Mar 29 2017, 12:11 PM
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#3
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Senior Member
1,200 posts Joined: Oct 2006 From: Kuala Lumpur
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» 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 30 2017, 10:50 AM
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#4
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Senior Member
1,200 posts Joined: Oct 2006 From: Kuala Lumpur
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» 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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Apr 3 2017, 03:59 PM
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#5
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Senior Member
1,200 posts Joined: Oct 2006 From: Kuala Lumpur
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» Click to show Spoiler - click again to hide... « it's a grey area for now. even if they decide to create new law to govern airbnb, i think it cannot be enforced fully and should be very easy to bypass it. |
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