NEWS & TOPICS

Who Pays for Tenancy Agreement in Malaysia

2022年8月14日

When it comes to renting a property in Malaysia, one of the first things you`ll need to consider is the tenancy agreement. This important legal document is a contract between the landlord and the tenant outlining the terms and conditions of the rental arrangement. One question that often comes up is who is responsible for paying for the tenancy agreement?

According to Malaysian law, the cost of preparing the tenancy agreement is typically borne by the tenant. This includes any legal fees or stamp duty that may be incurred. The reason for this is that the tenancy agreement is designed to protect the interests of both the landlord and the tenant, and it is the tenant who benefits most from having a clear and comprehensive agreement in place.

However, it`s worth noting that in some cases, the landlord may be willing to share the cost of the tenancy agreement with the tenant. This could be done as a gesture of goodwill or as part of a negotiated rental agreement. If you are unsure about who is responsible for paying for the tenancy agreement, it`s always best to check with your landlord to avoid any misunderstandings.

It`s also important to remember that the cost of the tenancy agreement is just one of the many expenses you`ll need to consider when renting a property in Malaysia. Other costs may include a security deposit, utility bills, and any maintenance or repair costs that may arise during your tenancy.

In conclusion, while tenants are typically responsible for paying for the tenancy agreement in Malaysia, there may be cases where the landlord is willing to share the cost. It`s always best to check with your landlord before signing any rental agreement to avoid any misunderstandings or unexpected expenses.

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