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Short Form Lease Agreement
"I need a Short Form Lease Agreement for a furnished residential apartment in Kuala Lumpur, with a 12-month term starting March 1, 2025, including provisions for utility deposits and an option to renew for an additional year."
1. Parties: Identification of the landlord and tenant with complete details
2. Background: Brief context of the lease arrangement
3. Definitions: Key terms used throughout the agreement
4. Demise: The formal granting of the lease and specification of the property
5. Term: Duration of the lease including start and end dates
6. Rent: Rental amount, payment schedule, and method of payment
7. Deposit: Security and utility deposit amounts and terms
8. Tenant's Covenants: Core obligations of the tenant including maintenance, use of premises, and compliance with regulations
9. Landlord's Covenants: Core obligations of the landlord including quiet enjoyment and basic repairs
10. Insurance: Required insurance coverage and responsibilities
11. Termination: Conditions and process for ending the lease
12. Governing Law: Specification of Malaysian law as governing law
1. Utilities and Service Charges: Details of utility payments and service charges, required if these are not included in the rent
2. Permitted Use: Specific restrictions on property use, important for commercial properties
3. Option to Renew: Terms for lease renewal, included if agreed between parties
4. Break Clause: Early termination provisions, included if agreed between parties
5. Assignment and Subletting: Rights to assign or sublet, particularly relevant for commercial leases
6. Alterations: Rights to make changes to the property, important for commercial tenants
7. Force Majeure: Provisions for unforeseen circumstances, optional but increasingly common post-COVID
1. Schedule 1 - Property Description: Detailed description of the leased property including floor plan and boundaries
2. Schedule 2 - Inventory: List of furniture and fittings included in the lease, if furnished
3. Schedule 3 - House Rules: Building or development rules and regulations, if applicable
4. Schedule 4 - Special Conditions: Any additional terms specific to this lease
5. Appendix A - Photos: Photographs documenting the condition of the property at lease commencement
Authors
Real Estate
Retail
Commercial Property
Residential Property
Hospitality
Office Space
Industrial
Food & Beverage
Healthcare
Education
Legal
Real Estate
Operations
Facilities Management
Property Management
Compliance
Administrative
Business Development
Asset Management
Property Manager
Real Estate Agent
Leasing Manager
Facilities Manager
Legal Counsel
Property Owner
Business Owner
Operations Manager
Asset Manager
Compliance Officer
Real Estate Director
Property Administrator
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