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Renting Property

Asked by Jamshed 11 Dec 2012

Hi, is that being a tenant, I need to pay agreement fee for renting out an apartment? Since my agent said i need to pay an amount of 450RM (1700RM for rental).Please guide me. Very URGENT

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Victor Lim · Answer 1 · 2012-12-12T11:41:26+08:00

Victor Lim

Replied 12 Dec 2012

yes, tenancy agreement is bear by tenant. Not by owner. Read More

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<en>David</en> <en>Wong Lai Kwong</en> · Answer 2 · 2012-12-12T17:27:52+08:00

<en>David</en> <en>Wong Lai Kwong</en>

Replied 12 Dec 2012

Hi Jamshed,
Yes, it is common practice that the stamp fees for the Tenancy Agreement is paid by the Tenant. For a RM1,700 per month tenancy of 1 year the stamp fee is RM72; for 2 & 3 years tenancy it is RM72 x 2 = RM144. Extra copy is RM10 per copy. Any administrative charges is up to the policy of the individual agency.
David Wong
Principal
QUANTUM Real Estate Read More

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MJ

Jamshed

Replied 13 Dec 2012

thank you so much :)

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