Good day to all,
I am helping out my sister.
She has a shoplot for which she raised the rental 4 months ago without renewing the tenancy agreement and the tenants agreed via sms. Now the tenant is asking to make an agreement because his accountant needs proper documentation regarding the raise in rental. Problem is she never made a new agreement.
How can she go about this?
Does she have to involve a lawyer to make a new agreement?
Is there any penalty with LHDN during stamping or with any other body if she makes a new agreement ?

Any feedback is appreciated.