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Renewal Of Tenancy Agreement for Malaysia

Renewal Of Tenancy Agreement Template for Malaysia

A legally binding document governed by Malaysian law that extends an existing tenancy agreement between a landlord and tenant for a specified additional period. This agreement outlines the renewed terms and conditions of the lease, including updated rental rates, duration of renewal, and any modifications to the original agreement terms. It must comply with Malaysian property law, particularly the National Land Code 1965 and Contracts Act 1950, and requires proper stamping under the Stamp Act 1949 to be admissible in court. The document serves as a continuation of the original tenancy while allowing for necessary updates to terms and conditions.

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What is a Renewal Of Tenancy Agreement?

The Renewal of Tenancy Agreement is a crucial document used when parties wish to extend an existing tenancy arrangement in Malaysia. It is typically employed when the original tenancy period is approaching expiration and both parties agree to continue the landlord-tenant relationship. The document must comply with Malaysian legislation, including the National Land Code 1965, Contracts Act 1950, and Stamp Act 1949. It includes essential elements such as updated rental terms, renewal period, maintenance obligations, and any new conditions agreed upon by the parties. This agreement is particularly important as it provides legal certainty and continuity while allowing for adjustments to reflect current market conditions or changed circumstances. The document serves both residential and commercial tenancies and must be properly executed and stamped to ensure legal enforceability.

What sections should be included in a Renewal Of Tenancy Agreement?

1. Parties: Identification of the landlord and tenant with full names, identification numbers, and addresses

2. Background: Reference to original tenancy agreement, its date, and brief description of parties' intention to renew

3. Definitions: Definitions of key terms used in the agreement, including any new terms not in the original agreement

4. Renewal Term: Specific period of renewal, including start and end dates

5. Rent and Payment Terms: Updated rental amount, payment schedule, and method of payment

6. Security Deposit: Confirmation of existing deposit or requirements for additional deposit

7. Utility Charges: Responsibility for utility payments and other outgoings

8. Maintenance and Repairs: Obligations of both parties regarding property maintenance and repairs

9. Insurance: Requirements for insurance coverage during the renewal period

10. Termination: Conditions and process for early termination of the renewed tenancy

11. Governing Law: Confirmation that the agreement is governed by Malaysian law

12. Execution: Signing and witnessing requirements

What sections are optional to include in a Renewal Of Tenancy Agreement?

1. Option to Renew: Include when parties want to provide for future renewal options

2. Renovation and Alterations: Include when tenant is permitted to make specific modifications to the property

3. Subletting Provisions: Include when subletting is to be permitted under specific conditions

4. Break Clause: Include when either party wants the option to terminate before the end of the renewal term

5. Special Conditions: Include when there are property-specific rules or requirements

6. Covid-19 or Force Majeure Provisions: Include when parties want specific provisions for handling unexpected events

7. Green Lease Provisions: Include for properties with environmental sustainability requirements

What schedules should be included in a Renewal Of Tenancy Agreement?

1. Schedule 1 - Property Details: Detailed description of the property including address, boundaries, and included fixtures/fittings

2. Schedule 2 - Inventory List: Updated list of furniture, appliances, and items included in the tenancy

3. Schedule 3 - Special Conditions: Detailed list of any special conditions or house rules

4. Schedule 4 - Payment Schedule: Detailed breakdown of rent payments, deposit amounts, and other charges

5. Appendix A - Original Agreement: Copy of the original tenancy agreement for reference

6. Appendix B - Property Photos: Updated photographs documenting the current condition of the property

7. Appendix C - Maintenance Schedule: Schedule of regular maintenance tasks and responsibilities

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Malaysia

Publisher

Genie AI

Document Type

Agreement Contract

Cost

Free to use
Relevant legal definitions
























Clauses


























Relevant Industries

Real Estate

Residential Property

Commercial Property

Retail

Office Space

Industrial

Hospitality

Healthcare

Education

Manufacturing

Relevant Teams

Legal

Property Management

Facilities Management

Operations

Finance

Compliance

Administrative

Real Estate

Asset Management

Contract Management

Relevant Roles

Property Manager

Real Estate Agent

Legal Counsel

Facilities Manager

Contract Administrator

Property Owner

Business Owner

Operations Manager

Lease Administrator

Company Director

Finance Manager

Asset Manager

Property Administrator

Compliance Officer

Real Estate Manager

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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