Exclusive Rental Agreement Template for Malaysia

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Key Requirements PROMPT example:

Exclusive Rental Agreement

"I need an Exclusive Rental Agreement for a fully furnished 3-bedroom apartment in Kuala Lumpur's KLCC area, with a one-year term starting March 1, 2025, including provisions for maintenance of appliances and a no-pets policy."

Document background
The Exclusive Rental Agreement is a crucial legal document used in Malaysia when a property owner wishes to grant exclusive possession and use rights to a tenant. This document is essential for both residential and commercial property rentals where the tenant requires guaranteed sole access and use of the property. The agreement comprehensively covers all aspects of the rental relationship, including payment terms, maintenance obligations, and termination conditions, while ensuring compliance with Malaysian property law, particularly the National Land Code 1965 and the Contracts Act 1950. This template is specifically designed to protect both landlord and tenant interests, providing clear terms for exclusive occupation and use, making it particularly valuable for long-term rentals and commercial leases where exclusivity is a key requirement.
Suggested Sections

1. Parties: Identification of landlord and tenant with full legal names and addresses

2. Background: Brief context of the rental arrangement and property ownership

3. Definitions: Key terms used throughout the agreement

4. Demised Premises: Detailed description of the rental property and its boundaries

5. Term and Possession: Duration of the lease and possession arrangements

6. Rent and Payment Terms: Rental amount, payment schedule, and method of payment

7. Security Deposit: Amount, payment terms, and conditions for return

8. Utilities and Maintenance: Responsibilities for utilities, repairs, and maintenance

9. Tenant's Covenants: Obligations and restrictions on the tenant's use of the property

10. Landlord's Covenants: Obligations of the landlord regarding the property

11. Insurance: Required insurance coverage and responsibilities

12. Default and Remedies: Consequences of breach and available remedies

13. Termination: Conditions and procedures for ending the agreement

14. Notices: How formal communications between parties should be made

15. Governing Law: Confirmation of Malaysian law application and jurisdiction

Optional Sections

1. Furnishings and Inventory: Include when the property is rented furnished

2. Renovation and Alterations: Include when specific renovation permissions are granted

3. Subletting and Assignment: Include when rights to sublet need to be explicitly addressed

4. Option to Renew: Include when offering tenant the option to extend the lease

5. Special Conditions: Include for property-specific rules or requirements

6. Pet Clause: Include when pets are allowed or specifically prohibited

7. Car Parking: Include when parking spaces are part of the rental

8. Common Areas: Include for properties in multi-unit buildings or complexes

Suggested Schedules

1. Schedule 1 - Property Details: Detailed description of property including floor plan and boundaries

2. Schedule 2 - Inventory List: Detailed list of furnishings and their condition if property is furnished

3. Schedule 3 - Payment Schedule: Breakdown of rent, deposit, and other payment obligations

4. Schedule 4 - House Rules: Specific rules and regulations for the property

5. Appendix A - Condition Report: Detailed report of property condition at commencement of tenancy

6. Appendix B - Photographs: Visual documentation of property condition

7. Appendix C - Utilities Reading: Initial meter readings for utilities

8. Appendix D - Maintenance Schedule: Schedule of regular maintenance 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

Relevant Industries

Real Estate

Property Management

Residential Housing

Commercial Property

Retail

Hospitality

Industrial

Office Space

Manufacturing

Warehousing

Corporate Services

Relevant Teams

Legal

Real Estate

Facilities Management

Operations

Property Management

Contract Administration

Asset Management

Corporate Services

Risk Management

Compliance

Relevant Roles

Property Manager

Real Estate Manager

Facilities Manager

Legal Counsel

Contract Administrator

Property Administrator

Leasing Manager

Asset Manager

Operations Manager

Real Estate Agent

Property Consultant

Corporate Real Estate Manager

Tenant Relations Manager

Legal Operations 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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