Tenancy Agreement: The Complete Guide to Salient Terms & Tenant’s Perspective What are the Salient Terms in Tenancy Agreement? Quiet Enjoyment- To make it clear that the Tenant is allowed to peaceably hold and enjoy the demised premises without any interruption from the landlord or any persons rightfully claiming through under or in trust for…
The Complete Guide to Salient Terms of Tenancy Agreement A Tenancy Agreement is a contract signed by the Landlord and the Tenant which states all the salient terms and conditions of renting a property. Tenancy is created for a term not exceeding three years and unlike a lease, it need not be registered-Section 213(2) of…
Guide to Leasehold Extension – What You Need to Know Before Applying The Importance of Having a Lease Extension as well as the Process for Getting One 1. What is a leasehold property? A leasehold property is a property built on a land owned by the State Government and can only belong to its owner…
Stamp Duty Remission For First Time Buyers Good news to all the First Time Buyer in Malaysia! Are you considering purchasing your first house for self-staying or investment? Now maybe the best time! The government just announced the new stamp duty remission or exemptions (P.U.(A) 53 & P.U.(A) 54) in the year 2021, in which…
What You Need to Know About Malaysia’s RPGT and Available Exemptions Malaysia’s RPGT Real Property Gains Tax (“RPGT”) is a tax levied by the Inland Revenue Board (IRB) on profits arising from the disposal/selling of real properties. The RPGT rates effective from 1 January 2019 are as follows:- Disposal Citizen/PR Non-Citizen/ Non-PR / Company Not…
Restraint of Trade in Employment Contracts: Understanding What it is and How it Impacts Employers & Employees Introduction On 29th of May 2021, Malaysia has reported a daily record of 9,020 new Covid-19 cases, its highest daily toll since the start of the pandemic. The drastic increase of Covid-19 cases in Malaysia and in fear…
Divorce: The Complete Guide to the Difference between Single Petition and Joint Petition In my previous divorce & family law article, I have mentioned on the increasing number of divorce cases due to the implementation of “Stay at Home Order” whereby parties intending to divorce may file for a divorce via a single petition or…
A Guide to Property Stamp Duty Exemption for Homebuyers in Malaysia What are the latest stamp duty exemption orders? Stamp Duty (Exemption) Order 2021 (P.U.(A) 53/2021)(as attached) in relation to stamp duty exemption on instrument of transfer for purchase of residential property and Stamp Duty (Exemption) Order (No. 2) 2021 (P.U.(A) 54/2021)(as attached) in relation…
RPGT Exemption Order – The Relief of Residential Sellers The PENJANA 2020 announced in June 2020 contained one very significant measure: the (Real Property Gains Tax) RPGT exemption. In essence, a Malaysia citizen is entitled for this RPGT exemption in respect of gains on the disposal of up to three (3) Residential Properties from 1st…
Apakah itu fitnah? Dalam bahasa yang mudah, fitnah berlaku apabila wujudnya pernyataan yang dibuat yang merosakkan atau mencederakan reputasi orang lain. Fitnah boleh terdiri daripada slander atau libel:- Slander berlaku apabila pernyataan fitnah dibuat melalui bentuk sementara (contohnya: kata-kata yang diucapkan atau gerak isyarat); Libel berlaku apabila pernyataan fitnah dibuat melalui bentuk tetap (contohnya: catatan…
