Document background
The 60 Day Rent Increase Notice is a crucial document in Malaysian property management that serves to formally notify tenants of an upcoming modification to their rental rates. This document is required when property owners or managers wish to increase the rent on their properties, whether residential or commercial. Under Malaysian property practices, landlords must provide tenants with at least 60 days' notice before implementing any rent increase. The notice must contain specific information including property details, current rent, proposed new rent, and the effective date of the increase. This document helps maintain transparency in landlord-tenant relationships and ensures compliance with local property management practices. It is particularly important in urban areas where rental properties are prevalent and rent adjustments are common.
