The Early Termination Of Tenancy Agreement By Tenant is a crucial document used in Malaysian property law when a tenant needs to end their lease before the contracted end date. It's essential in both residential and commercial contexts, providing a structured framework for early lease termination that complies with Malaysian legal requirements. This document becomes necessary when tenants face circumstances requiring premature lease termination, such as job relocations, financial hardship, or business operational changes. It includes vital provisions for notice periods, property handover procedures, security deposit arrangements, and final settlement terms, ensuring both parties' rights are protected and obligations are clearly defined. The document must align with the National Land Code 1965 and Contracts Act 1950, among other relevant Malaysian legislation.
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1. Parties: Identification of the Tenant (as terminating party) and Landlord, including full names, identification numbers, and addresses
2. Background: Reference to the original tenancy agreement, including its date, property address, and original term
3. Definitions: Definitions of key terms used in the document, including 'Termination Date', 'Notice Period', and 'Security Deposit'
4. Notice of Early Termination: Formal declaration of the tenant's intention to terminate, specifying the intended termination date
5. Reason for Early Termination: Statement of the grounds for early termination (if required by original agreement)
6. Termination Process: Details of the notice period, move-out timeline, and key milestones
7. Security Deposit and Outstanding Payments: Provisions regarding the return of security deposit and settlement of any outstanding rent or utilities
8. Handover Requirements: Specific conditions for returning the property, including cleaning and repair obligations
9. Final Inspection: Process for conducting the final property inspection and documentation
10. Mutual Release: Release of both parties from future obligations under the original tenancy agreement
11. Governing Law: Confirmation that the termination is governed by Malaysian law
1. Forwarding Address: Section for tenant's new address for future correspondence and return of deposit - include when tenant is relocating
2. Utilities Transfer: Procedures for transferring or terminating utility accounts - include for properties with separate utility accounts
3. Furnished Property Inventory: Specific provisions for checking and returning furnished items - include for furnished properties only
4. Special Arrangements: Any special agreements regarding the termination process - include when there are variations from standard terms
5. Renovation Restoration: Requirements for restoring any modifications made to the property - include if tenant made approved modifications
6. Key Return Protocol: Specific procedures for returning keys, access cards, and remote controls - include for properties with special access systems
1. Schedule 1 - Property Condition Report: Detailed documentation of the property's condition at the time of termination notice
2. Schedule 2 - Outstanding Payments Calculation: Breakdown of any remaining rent, utilities, or other charges up to the termination date
3. Schedule 3 - Inventory Checklist: List of furnishings and fixtures to be checked during final inspection (if applicable)
4. Appendix A - Photographic Evidence: Photos documenting the property's condition at the time of termination notice
5. Appendix B - Original Tenancy Agreement: Copy of the original tenancy agreement for reference
6. Appendix C - Utility Account Details: List of utility account numbers and current status for transfer/termination
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