Terminating a tenancy agreement can be a stressful process for both landlords and tenants. A tenancy agreement termination letter is a necessary document that provides a legal contract that outlines the terms and conditions for terminating a tenancy agreement.
If you are a landlord or a tenant in Malaysia, and you require a template for a tenancy agreement termination letter, look no further. This article will provide you with a sample tenancy agreement termination letter that complies with the rules and regulations of tenancy agreements in Malaysia.
Before we get to the termination letter sample, here are a few things you should know about tenancy agreements in Malaysia:
1. Tenancy agreements in Malaysia are covered under the National Land Code 1965.
2. Tenancy agreements must be registered with the relevant authorities for it to be legally binding.
3. Tenancy agreements can be terminated by either the landlord or tenant with proper notice.
Now that you understand the basic rules and regulations surrounding tenancy agreements in Malaysia, let`s take a look at a sample tenancy agreement termination letter:
[Date] [Landlord or Tenant Name] [Address] [City] [State] [Postcode]Dear [Landlord or Tenant Name],
I am writing to inform you that I/we [Landlord or Tenant Name(s)] wish to terminate the tenancy agreement for the property located at [Property Address] effective from [Date of Termination].
According to the tenancy agreement, we are required to give [Notice Period] days` notice for termination of the agreement. Therefore, this letter serves as the official notice of our intention to terminate the tenancy agreement within the required timeframe.
We would appreciate it if you could arrange for a joint inspection of the property before the termination date to ensure that the property is in the same condition when we rented it. Please inform us of the date and time that would be convenient for the inspection.
In accordance with the tenancy agreement, we will be vacating the property on [Date of Termination], and we will return the keys to you on the same day. We will ensure that the property is cleaned and maintained properly before we leave.
We appreciate the opportunity to rent this property and hope that the tenancy agreement termination process is smooth. Please let us know if you require any further information.
Sincerely,
[Landlord or Tenant Name(s)] [Signature (if applicable)]This sample tenancy agreement termination letter can be modified to fit your specific circumstances. Ensure that you read and understand the terms and conditions of your tenancy agreement before issuing a termination letter.
In conclusion, a tenancy agreement termination letter is a crucial document in terminating a tenancy agreement in Malaysia. Ensure that you provide adequate notice and meet the requirements stipulated in the tenancy agreement to avoid any legal complications.