It`s great! Thank you so much for that, definitely save my time and money. And I especially like the part where you put jargon words into simple notions of laymen. Thank you! Caution: The deposit is withdrawn to protect the landlord if the tenants violate the rental conditions. The amount is usually a rent of two months. It can be used to pay for damages, cleaning, replacing the key card, or even exhale completely if the tenant leaves before the end of the lease. But if there are no problems until the end of the lease, all will be refunded to the tenant. This article is written only for informational purposes. This is not legal advice. You should always seek professional help before entering into a legally binding agreement. What is the additional time that applies after the agreement is signed? Earnest down payment: The first deposit is the serious down payment.

This is essentially a down payment, or down payment to „book“ the property, so the owner will not rent the property to someone else for the next 7 days. The amount is equal to the rent for the first month. It can be held in trust by the real estate agent. When the lease begins, the serious down payment is generally considered the rent of the first month. Either it can be used as a surety, or it can even be returned to the tenant. Pending the entry into force of the Rental Housing Act (see marginal note), the rental agreement is the only document that protects the rights of landlords and tenants. Let me take the example of the lease you mentioned above.. However, note that the above sample is mainly written for residential housing, so you would need the help of a lawyer to design a correct trade agreement that would look very different The cover contains the date of the agreement as well as the names and IC number of the parties involved. 1. 1。 The owner agrees to rent 1-22B, Fortune Court, Taman Fatt Fook, 53100 KL (hereafter referred to as „the premises“) with all fittings, fittings and furniture described, if any, in the inventory attached to the conditions specified in the lease. 此让租客租, Court of Fortune, Taman Fatt Fook, 53100 KL (以简称为) 连,配件 具,具 具附说利利件规务租单 The following section defines what happens in exceptions.