Renting Property Procedures
A) Payment Procedures
- After collection of one (1) month earnest deposit together with “Offer Letter To Rent”
signed by both Tenant and Landlord
B) Preparing for Signing Tenancy Agreement
- Prepare tenancy agreement to be signed within 14 days from date of offer acceptance.
- Get all documentations from tenant /landlord for preparing Tenancy Agreement as
below:-
a)Tenancy under Company :Director NRIC, Form 9, 24, 44, 49, M&E, Company
resolution
b) Tenancy under personal name : relevant spa pages to proof ownership, photocopy
NRIC, utility bills
- Forward the draft tenancy agreement to Tenant and Landlord for approval/confirmation.
- Prepare inventory list to attach with Tenancy Agreement
**Notes: Admin Fee For Tenancy Agreement -Minimum charges RM350 and above
subject to rental (Exclude stamp duty)
C) Upon/ After Signing Tenancy Agreement
Upon signing the tenancy agreement by Tenant, to collect the balance 2 months security deposit, ½ or 1 month utility deposit, stamp duty and disbursement fees from Tenant.
** Remarks: If tenant make full payment to Portfolio Asia Properties, please wait for the cheque clearance before balance payment being issued to the Landlord.
- To arrange for stamping after both parties signed the Tenancy Agreement.
- Deliver stamped Tenancy Agreement to both parties and Official Receipt for Landlord.
D) Handover Premise Procedure
- Record electricity and water meter reading and get Tenant/Landlord to confirm.
- Check the inventory list with the tenant and acknowledge on the inventory list.