What You Need to Know to Avoid Tenant Nightmares 😨
Renting an apartment, house, or office space is a popular practice among tenants in Malaysia. Nevertheless, it's crucial to be aware of your rights and responsibilities as a tenant to guarantee a fair and hassle-free tenancy experience.
Here are some key rights to keep in mind 🔻:
1) Tenancy Agreement
A written tenancy agreement is a legally binding document that outlines the terms and conditions of the tenancy.
The tenancy agreement should also include information on the duration of the tenancy, the notice period required for termination, and any restrictions or conditions on the use of the property. Both the landlord and tenant should carefully read and understand the agreement before signing it.
2) Security Deposit
It's a sum of money paid by the tenant to the landlord at the beginning of the tenancy, which guarantees against any damage caused to the property or non-payment of rent by the tenant. The maximum amount that landlords can legally request for a security deposit in Malaysia is two months' rent.
At the end of the tenancy period, the landlord must return the security deposit to the tenant if the property is in good condition and all rental payments have been made in full. However, not taking care of the property can lead to a deduction from the deposit or delay in getting it back, affecting future rentals!
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3) Repairs and Maintenance
The landlord has the responsibility of ensuring that the property is maintained in good condition and that any necessary repairs are carried out promptly. As a tenant, you also have a responsibility to take reasonable care of the rented unit and report any damages or issues to the landlord in a timely manner.
Tenants should report any defects or issues in the property to the landlord in writing. The written notice should describe the problem and request the landlord to carry out the necessary repairs. The notice should also include a reasonable time frame for the repairs to be completed.
Tenants have the right to privacy and landlords are required to provide reasonable notice before entering the property for inspections or repairs.
The landlord must give reasonable notice before entering the property for any reason, unless there is an emergency situation. The notice should be in writing and specify the purpose and date of entry.
Plus, it should also be given within a reasonable time frame before the intended entry, such as at least 24 hours in advance.
5) Rental Increases
Rental increases are a common issue that landlords and tenants may face during the tenancy period in Malaysia. The rental amount is usually specified in the tenancy agreement, and landlords are generally allowed to increase the rental amount after the expiry of the tenancy agreement.
However, rental increases are subject to negotiation between the landlord and tenant. If the tenant feels that the proposed rental increase is unreasonable or unaffordable, they may negotiate with the landlord to reach a mutually acceptable amount.
⏬ See more :
- What's the difference between Condo and Serviced Apartment?
- Renting 101: A Beginner's Guide for First-Time Renters
- What is the future of the rental market in Malaysia?
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