Stamp Duty For Lease Agreement Malaysia

Note: The above computer only applies to legal fees and/or stamp duty for the main document. As a general rule, other fees and taxes must be paid, such as.B. legal fees for subsidiary documents, GST and other payments (out-of-pocket cost). For a full offer for your particular circumstances, please contact Ms. Ma Pin Yen (, Ms. Lee Fong Ling ( and Ms. Lee Yun Zhi ( There is another additional benefit through a lease. This will be an accompanying document to prove that you have additional rental income. This extra income can help you get credit authorization for your nearest property. If you have successfully leased your rental property, a contract must be signed between you as the owner and your tenant.

It is a legalized document that both parties have agreed on the definition of the terms of their lease. Leases are usually signed before the tenant is recovered. One of the things you should keep in mind when renting your units is to never rent your home without a rental contract (TA), especially for direct rentals (not through agents) to friends/family/friends of friends, etc. The additional step in creating a TA and the official stamp at the LHDN office of a legalized document will save you a lot of torment in the event of a dispute. Rental fees, stamp duty and leases can be confusing for anyone moving in or renting property. To make things simpler, let`s calculate your stamp duty for you. Fill in your monthly rental and rental period in the calculator below to find out how much you should pay for the lease stamp. The minimum term of a lease must be at least 3 years, but it may be limited to a maximum of 99 years, as for the entire land, and only 30 years if only part of the property is subject to the lease. Section 52 of the Stamp Act 1949 allows non-stamped instruments to be duty-carrying. In the case of such a lessor, we must ensure that all leases are properly labelled to ensure that they are admissible in court if they are to be applied.

So how much stamp duty will it be for my rental unit? This is the official statement of LHDN (Inland Revenue Board of Malaysia): How much does the Stamp Duty and the legal fees you have to pay for an RM1 rental contract for each RM250 of the annual rent of RM2.400. Stamp duty is free if the annual rent is less than RM2,400. Rental fees, stamp duty and leases can be confusing for anyone moving in or renting real estate. To make things simpler, we charge your stamp duty for you. Fill your monthly rental and rental time in the computer below to find out how much you should pay for the rental fee. It is very important for renting real estate to protect landlords and tenants. For example, if the tenant makes it clear that he or she is responsible for all costs, such as taxes on water, electricity and wastewater, the landlord is legally responsible for the costs.