Deed Of Assignment Of Rental Proceeds Template for Malaysia

1. Security Provisions: Additional provisions if the assignment is given as security for a loan or other obligation

2. Third Party Consent: Where consent of the tenant or other third parties is required for the assignment

3. Tax Provisions: Specific provisions dealing with tax implications and responsibilities

4. Further Assurance: Obligations to execute additional documents or take further steps if needed

5. Power of Attorney: Optional appointment of Assignee as attorney to enforce rental collection

6. Default and Remedies: Specific provisions dealing with default scenarios and available remedies

7. Assignment and Transfer: Rights to further assign or transfer the rights under the deed

1. Schedule 1 - Property Details: Detailed description of the property from which rental proceeds are derived

2. Schedule 2 - Rental Agreement: Copy or key details of the underlying rental agreement(s)

3. Schedule 3 - Payment Details: Bank account and payment instruction details for rental proceeds

4. Schedule 4 - Form of Notice to Tenant: Template notice to inform tenant of the assignment of rental proceeds

5. Schedule 5 - Conditions Precedent: List of any conditions that must be satisfied before the assignment becomes effective

6. Appendix A - Copy of Title Documents: Copies of relevant property title documents

7. Appendix B - Required Consents: Copies of any required third-party consents