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Simple Commercial Lease Template for Malaysia

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Key Requirements PROMPT example:

Simple Commercial Lease

"I need a Simple Commercial Lease for a retail space in Kuala Lumpur, starting from March 1, 2025, with specific provisions for operating a restaurant business and requirements for kitchen ventilation systems."

Document background
This Simple Commercial Lease template is designed for use in Malaysia when establishing a standard commercial tenancy relationship. It is particularly suitable for small to medium-sized business premises where the leasing arrangement is straightforward and doesn't require complex provisions. The document incorporates essential elements required under Malaysian law, including compliance with the National Land Code 1965 and Contracts Act 1950. It covers fundamental aspects such as rental terms, maintenance obligations, permitted use, and standard covenants, while remaining accessible to businesses without extensive legal resources. This template is commonly used for retail spaces, offices, and simple industrial units where the tenancy arrangements are uncomplicated.
Suggested Sections

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

2. Background: Brief context of the lease arrangement and property ownership

3. Definitions: Definitions of key terms used throughout the lease agreement

4. Demised Premises: Detailed description of the leased property, including location, size, and boundaries

5. Term and Possession: Duration of the lease, commencement date, and possession details

6. Rent and Security Deposit: Rental amount, payment terms, security deposit requirements, and review mechanisms

7. Utilities and Service Charges: Responsibilities for utility payments and service charge contributions

8. Use of Premises: Permitted use of the property and any restrictions

9. Maintenance and Repairs: Responsibilities of both parties regarding property maintenance and repairs

10. Insurance: Insurance requirements for both landlord and tenant

11. Assignment and Subletting: Conditions for assigning or subletting the premises

12. Landlord's Covenants: Obligations and promises of the landlord

13. Tenant's Covenants: Obligations and promises of the tenant

14. Termination: Circumstances and procedures for early termination

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

Optional Sections

1. Fit-Out Works: Details of any permitted renovations or modifications, to be included if tenant will perform initial fit-out works

2. Option to Renew: Terms for lease renewal, included if parties agree to potential extension

3. Break Clause: Conditions for early termination by either party, included if agreed

4. Green Building Requirements: Environmental compliance requirements, included for green-certified buildings

5. Guarantee: Terms of any corporate or personal guarantee, included if additional security is required

6. COVID-19 Provisions: Special provisions relating to pandemic situations, included if specifically requested

7. Car Parking: Allocation and terms of car parking spaces, if applicable

Suggested Schedules

1. Schedule 1 - Property Details: Detailed description of the premises including floor plans and measurements

2. Schedule 2 - Rent and Payment Terms: Detailed breakdown of rent, payment dates, and review mechanisms

3. Schedule 3 - Service Charges: List of service charges and calculation methodology

4. Schedule 4 - Building Rules and Regulations: Specific rules and regulations for the use of the premises and common areas

5. Schedule 5 - Condition Report: Initial condition of the premises with photographs and descriptions

6. Schedule 6 - Fit-Out Guidelines: Technical specifications and requirements for any permitted renovations

7. Schedule 7 - Handover Form: Template for property handover documentation

8. Appendix A - Special Conditions: Any additional terms specific to this lease

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions






























Clauses






























Relevant Industries

Real Estate

Retail

Food & Beverage

Professional Services

Healthcare

Technology

Manufacturing

Education

Financial Services

Logistics

Hospitality

Relevant Teams

Legal

Operations

Finance

Real Estate

Facilities Management

Risk & Compliance

Administrative

Property Management

Relevant Roles

Property Manager

Real Estate Manager

Business Owner

Facilities Manager

Legal Counsel

Operations Manager

Commercial Director

Chief Financial Officer

Lease Administrator

Real Estate Agent

Property Developer

Asset Manager

Company Secretary

Risk Manager

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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