Room Rental Agreement Sample Malaysia

Although the profit of rental properties has fallen over the years (a country house today will get a rental yield of 2.5% compared to 5% a decade ago), it is a proven way to generate income while owning a valuable asset. 1. Duration of the rental. This room rental agreement is valid from one month to the next [START DATE]. If this room rental contract starts during the month, the first month of rental will be proportional and the monthly terms will start from the first day of each month. 1 year and under: RM1 for each annual rental of RM250 via RM2400. Until the entry into force of the Housing Tenancy Act (see marginal note), the lease is the only document protecting the rights of the lessor and the tenant. It is recommended to include a clause in the agreement to decree deposits for damages suffered during the lease.

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