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 Tenancies - Easiest Debt Recovery?, Sdn Bhd, enterprise, partnership

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TSokuribito
post Sep 24 2024, 10:08 AM, updated 2y ago

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When renting out shoplots for commercial purposes, there will always be tenants whose business will fail & there will be arrears of rent and unpaid utilities, reinstatement costs/expenses etc.

What's your experience in terms of debt recovery? Is it easier/more effective to recover from tenants who are sole proprietors/enterprise, partnerships, or sdn bhd?

Do you have better recovery if you had insisted on a personal guarantee in the case of limited partnerships and sdn bhd?

 

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