Managing your tenants the right way
Compiled by: Tharmini Kenas email@example.com
Ask Me Anything is a platform for all readers to ask about all things property. If you have any inquiries, key in your questions http://bit.ly/AskMeAnythingProperty .
This week, Low & Partners managing partner Datuk Andy Low Hann Yong deals with readers’ questions regarding critical issues revolving around tenants.
Q1: If a tenant damages the property or contents of the property while the tenancy is in force, what is the recourse by the homeowner?
A2: It is common for a tenancy agreement to provide the obligation for the tenant to keep the interior of the property and the contents of the property in good tenant-able condition (fair wear and tear excepted). If it is provided in the tenancy agreement, the homeowner can claim against the tenant for the damages, or even deduct the repair costs from the security deposit before refunding it to the tenant at the end of the tenancy.
Q2: Can a tenant who rents a whole unit sublets the property with the intent of business generation without the knowledge of the homeowner?
A2: A tenant can sublet the property with the consent of the homeowner. The homeowner and the tenant can include a clause granting the tenant the right to sublet, as well as specifying the usage of the property.
Bear in mind that if the tenant sublets the property to a third party, the tenant shall continue to bear all the liabilities as a tenant pursuant to the tenancy agreement between the landlord and himself. He remains liable to pay the rental even when the subtenant defaults.
Disclaimer: All data and information provided are for informational purposes only. All information is provided on an as-is basis. All users are strongly encouraged to seek professional advice before relying on any data and/or information provided.
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