Document background
The Increase Rental Notice is a crucial document in Malaysian property management, required whenever a landlord intends to raise the rental amount for a property. This document must be issued in accordance with Malaysian property laws and regulations, typically requiring advance notice periods as specified in the original tenancy agreement or as mandated by local regulations. The notice serves multiple purposes: it formally communicates the intended increase, provides legally required notice, details the new rental amount and effective date, and maintains a clear record of the communication. It's essential for both residential and commercial properties and must be issued before implementing any rental increase. The document helps prevent disputes by clearly documenting the change in rental terms and ensuring compliance with legal requirements for rental increases in Malaysia.
