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Master Rental Agreement

Master Rental Agreement Template for Malaysia

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Key Requirements PROMPT example:

Master Rental Agreement

"I need a Master Rental Agreement for a chain of retail stores in Kuala Lumpur, where my company will be the tenant leasing multiple properties from different landlords, with the agreement starting from January 2025."

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Document background
The Master Rental Agreement serves as a foundational document for establishing rental relationships in Malaysia, designed to comply with local property laws and regulations including the Contracts Act 1950, National Land Code 1965, and other relevant legislation. This agreement is typically used when parties need a comprehensive framework for long-term or multiple property rental arrangements, providing standardized terms while allowing flexibility for specific property requirements. The Master Rental Agreement includes essential provisions for rent payment, maintenance obligations, security deposits, default remedies, and termination conditions, while accommodating various property types from commercial to residential uses. It's particularly valuable for corporate landlords or tenants managing multiple rental properties or requiring standardized terms across different rental arrangements.
Suggested Sections

1. Parties: Identification of the landlord and tenant, including full legal names, registration numbers for companies, and contact details

2. Background: Context of the agreement, establishing the landlord's ownership/authority to rent and the tenant's interest in renting

3. Definitions: Detailed definitions of key terms used throughout the agreement

4. Premises: Detailed description of the rental property and any included fixtures, fittings, and facilities

5. Term and Renewal: Duration of the rental period, commencement date, and conditions for renewal

6. Rent and Payment Terms: Rental amount, payment schedule, method of payment, and late payment consequences

7. Security Deposit: Amount, payment terms, conditions for refund, and permitted deductions

8. Utilities and Maintenance: Responsibilities for utilities, maintenance, repairs, and property upkeep

9. Use of Premises: Permitted use of the property and restrictions on activities

10. Insurance: Required insurance coverage for both parties

11. Default and Remedies: Events of default and available remedies for both parties

12. Termination: Grounds for termination and the process for ending the agreement

13. Governing Law: Specification of Malaysian law as governing law and jurisdiction

Optional Sections

1. Subletting and Assignment: Include when subletting or assignment rights are to be granted or specifically prohibited

2. Alterations and Improvements: Include for commercial properties or when significant modifications might be needed

3. Common Areas: Include for properties in multi-tenant buildings or complexes

4. Green Lease Provisions: Include for properties with environmental sustainability requirements

5. Force Majeure: Include when specific provisions for unforeseen circumstances are needed

6. Option to Purchase: Include when giving tenant the option to purchase the property

7. Break Clause: Include when early termination options are to be provided

8. Service Charge: Include for properties with additional service charges or maintenance fees

Suggested Schedules

1. Schedule 1 - Property Details: Detailed description of the property including floor plans, boundaries, and included fixtures

2. Schedule 2 - Rent Schedule: Detailed breakdown of rent payments, including any scheduled increases

3. Schedule 3 - Condition Report: Detailed report of the property's condition at the start of the tenancy

4. Schedule 4 - House Rules: Specific rules and regulations for the use of the property

5. Schedule 5 - Maintenance Schedule: Schedule of regular maintenance and responsibilities

6. Schedule 6 - Inventory List: Detailed list of furnishings and equipment included in the rental

7. Appendix A - Required Permits: Copies of relevant permits and certificates

8. Appendix B - Insurance Requirements: Detailed insurance requirements and specifications

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions



























Clauses






























Relevant Industries

Real Estate

Retail

Commercial Property

Industrial

Hospitality

Healthcare

Education

Manufacturing

Logistics

Technology

Professional Services

Relevant Teams

Legal

Operations

Facilities Management

Finance

Risk and Compliance

Property Management

Real Estate

Asset Management

Administrative

Business Development

Procurement

Relevant Roles

Property Manager

Facilities Manager

Real Estate Manager

Legal Counsel

Contract Manager

Operations Director

Chief Financial Officer

Asset Manager

Leasing Manager

Compliance Officer

Risk Manager

Business Development Manager

Commercial Director

Property Administrator

Real Estate Agent

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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