real estate

Draft your tenant agreement before renting out your property

When you happen to be a property owner there are so many queries in line. Managing the property is definitely not an easy task. While purchasing a property might be the first step, once you decide to rent it out there are so many things to do to make sure the landlord is protected.

Follow the laws

When there are any issues related to your property it is always bets to seek professional advice. One should always know that in the case of Malaysia there are no specific laws which govern the tenancies. One document which protects the rights of the landlord is the tenancy agreement. This makes the document all the more important. So it is ideal to get your tenancy agreement sample malaysia to avoid any issues in the future. Tenancy usually covers the rental period which is less than three years. If it goes more than three years period it will be classified as a lease.

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Times of dispute

If there happens to be any kind of dispute between the landlord and the tenant usually the landlord will be at a disadvantage. In those cases the landlord should not take the matters into his or her own hands. The best thing to do is to get professional advice. Since the tenancy agreement is a contract between the landlord and the tenant, it can be used in these situations to solve the issue legally. Applying to the court of law by the landlord is the best step here.