The escalation of property prices has forced many to resort to renting a home rather than owning. As such, the topic Tenancy in Malaysia has become one of great discussion in recent times.
On this episode, StarPropertyTV spoke to Hartamas Real Estate associate director Christopher Chan and Amir Toh Francis & Partners lawyer Ivan Chan to give us a lowdown on this subject. Watch to the end as they answer all your pertinent questions related to Tenancy in Malaysia.
Breakdown of the interview:
What is tenancy?
Laws surrounding tenancy
Elements within the tenancy agreement
What happens when tenants default on rental fees?
What is a sub-tenancy agreement?
Understanding the difference between SOHO, SOFO, SOVO
Pursuing national tenancy database for Malaysia
Legal representation for landlords and tenants
Who is Christopher Chan?
Christopher Chan is a Registered Estate Agent with the Board of Valuers, Appraisers & Estate Agents Malaysia; a newly-elected Councillor and Membership Chairman of the Malaysian Institute of Estate Agents (MIEA); and is a Certified Residential Specialist (CRS) conferred by the Council of Residential Specialists, National Association of Realtors, USA.
He holds the following qualifications:
- Bachelor of Arts (majoring in Business Administration) from Victoria University of Wellington, New Zealand;
- Post-Graduate Certified Diploma in Accounting & Finance from The Association of Chartered Certified Accountants (ACCA), United Kingdom; and
- Master of Business Administration from the Edinburgh Business School, Heriot-Watt University, Scotland, United Kingdom.
Christopher has been in the real estate industry for about 20 years.
He was an adjunct lecturer in UCSI University in the area of Management Studies for both the diploma and bachelor degree programmes in the years 2008 to 2009. Under his guidance and leadership, some of his students were the recipients of the distinguished Dean’s List Award for outstanding academic performance.
He is also a speaker for the mandatory 2 Day Negotiators Certification Course (NCC) at Hartamas Academy.
Who is Ivan Chan?
Ivan Chan is a legal practitioner at Messrs Amir Toh Francis & Partners, K.L.
His area of practice is mainly in conveyancing matters both in the primary and secondary market, and loan and security documentation for real estate property transactions.
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