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Landlord and Tenant #2: How many of you actually read through your tenancy agreement before signing?

I'm very surprised to hear that many people never actually read through the tenancy agreement before signing it, be it professionals or some people from corporate background.

Both landlord and tenant normally have many issues to be agreed upon, and in many instances, the issues are agreed upon verbally at initial stage. Please make sure these terms and conditions are duely noted and worded properly in the tenancy agreement to avoid any future disputes.

To my knowledge, there are some so-called "standard" tenancy agreement in distribution in the market, which to me are nothing more than a plate of "rojak" full of variety mix of unrelevant contents. You can find standard Sale & Purchase Agreement when buying new property from developer like Schedule G and Schedule H as noted by the Housing Development Control Act. But there are no such thing as "standard" tenancy agreement as per se.

For each and every tenancy agreement you come across, please always read through thoroughly every clauses to see that both of you are in agreement and to safeguard both parties interests equitably.

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ABOUT THE AUTHOR: Lim Boon Ping, Registered Estate Agent (E 1690), was elected as the Chairman of Malaysian Institute of Estate Agents Johor Branch since 2004 until now. He is currently employed as General Manager under Tiram Realty, an established real estate agency of over 20 years history in Johor. To get instant access to all his valuable tips and advice on Malaysia's real estate matters, visit: http://www.tiramrealty.com.my and http://www.blog.tiramrealty.com.my

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