(letterhead of name of sender) (Name & Address of Recipient) (ATTN: insert name) Re: Notice of Demand Outstanding company documents due and owing to (insert name of company) ______________________________________________________________________________________________________ We refer to the above matter wherein we…
Author: MyLegalWeb
Tenancy Agreement (Singapore Property)
TENANCY AGREEMENT (*this is a template that a clause to impose some obligations on the tenant to service air con & to pay for some damage/wear & tear items). THIS AGREEMENT is made on the _____ day of March, Two…
Investment Club Membership Agreement [updated June 2019]
Sample Investment Club Partnership Agreement (*explanatory note, this is a template between a club & its member) Now therefore it is agreed, The name of the Partnership will be Sample Investment Club, and shall hereby be referred to as “The…
[Member] Sale of Shares [s1005]
SAMPLE – SALE OF SHARES AGREEMENT _______________________________________________________________________________________________________________ THIS AGREEMENT is made on the day of 201… BETWEEN: The persons whose names and addresses are as set out in the first column of Schedule 1 annexed hereto…
[Member] Supplemental Car Park Agreement
THIS AGREEMENT is made the day and year, stated in Section 1 of the Second Schedule hereto BETWEEN (insert vendor’s details) a company incorporated in Malaysia with its registered office (insert vendor’s address) (hereinafter called “the Vendor”) of the first…
[Member] The Legal Side Of Owning A Food Truck
Before you launch your mobile food business, you need to get your licensing in order. Different state, country and city has their own permits and licensing requirements. Typically, your local department of health will have the information you need, so…
Defect Liability Period
What is a Defect Liability Period? Defects Liability Period is defined as a warranty period from the date when we receive delivery of the vacant possession for the unit. During this crucial period, the developer is responsible for fixing any…
What’s Next After Vacant Possession?
There are seven things that you should know when receiving the keys to your new house from the developer. Delivery Of Vacant Possession: Delivery of vacant possession is when the property is ready to be handed to you. This usually…
[Member] Motor Vehicle Bill Of Sale [s1033]
Explanatory Notes: A bill of sale is a document recording a transaction between two parties. For the seller, a bill of sale shows the date the vehicle was sold and information about the buyer. For the buyer, it gives specific information about the vehicle that can…
Getting A Loan When Buying Commercial Property
It’s possible to get a loan for commercial property, but the requirements and down payments are generally tougher. The scrutiny is more thorough and will highly impact the bank’s decision whether to give you a loan or not. Some items…
Property Classified As Commercial Real Estate
Commercial real estate is any non-residential property used solely for business purposes. If the real estate makes money, is rented out, used for investments, or falls into a number of other categories other than being a private residence, it can be considered commercial…
Exemption of RPGT, Service Tax from Jan 1, 2019
The government has agreed to exempt the real property gains tax (RPGT) to individual Malaysian citizens who dispose of their properties at a consideration price of RM200,000 and below. According to a statement by Finance Minister Lim Guan Eng, the…
Apply For A Helper Under MM2H Application
Each applicant is allowed to apply for one maid subject to the prevailing guidelines of the Immigration Department of Malaysia. Application By Principal (Employer) / MM2H Agent Completed Domestic Helper’s Application Form (Available at MM2H Center) Form IM. 12 (Available…
Apply For Part Time Job Under MM2H Programme
There are two types of options available for part time jobs: Part Time Lecturer; and Part Time Job (20 Hours/Week) Part Time Lecturer Applicant Must Be Present Above 50 Years Old. Letter of Intention. Letter of Acceptance From Public /…
Payment Schedule For An Under Construction Property In Malaysia
Unlike subsale developments which involves applying for loans from different banks and property buyers evaluating the properties, buying an under construction property in Malaysia (ie, New Development, means that the development will have a Payment Schedule. The Payment Schedule is…
Different Types Of Property Loans In Malaysia
Buying a property may seem to be a daunting task, but becomes easily manageable when broken down into smaller parts. Below are the different type of loan: term loan, overdraft, flexi loan, fixed rate loans, Islamic loan, refinancing, loan for…
Is It Worth Having Mortgage Life Insurance?
Is it worth having mortgage life insurance? Most mortgage officers recommend mortgage life insurance (either MRTA or MLTA) when buying a new home. However, before committing to an insurance policy, it helps to do as much research as you can…
MRTA vs MLTA
In Malaysia, there are two types of mortgage life insurance available: -Mortgage Reducing Term Assurance (MRTA) or Mortgage Decreasing Term Assurance (MDTA); and -Mortgage Level Term Assurance (MLTA) MRTA is a life insurance plan with decreasing sum assured over time,…
Type Of Property Agencies In Malaysia
As there are different types of property and property needs, there are different types of property agencies in Malaysia. Knowing who they are will help you decide whom best to contract. These are; Exclusive Agency: When an estate agent is…
Agreement Template: Membership Agreement
A membership agreement is a contract between your business and users or customers to outline the expectations for both parties. The specifics of the agreement depend on the type of business or service you offer and how you expect users…