YOUR PERFECT LEGAL COMPANION
An employment contract or contract of employment is a kind of contract used in labour law to attribute rights and responsibilities between parties to a bargain. The contract is between an “employee” and an “employer”. __________________________________________________________________________________ THIS AGREEMENT, made as of the ____ day of ____ , 20__. Between: (Company…
WHAT IS PR1MA? Perbadanan PR1MA Malaysia was established under the PR1MA Act 2012 to plan, develop, construct and maintain high-quality housing with lifestyle concepts for middle-income households in key urban centres. PR1MA homes come in various types and sizes within…
Notice To Vacate is a written notice completed by either the tenant or the landlord to provide notification of planning to vacate the premises or as a demand to vacate. In most cases, a landlord will provide the notice to…
An auction property is a real estate that has been foreclosed by a bank or the High Court, mainly because the owner has failed to settle the payment for mortgages or quit rent. Guidelines To Buying An Auction Property…
Conditions of sale are terms inserted into the Offer to Purchase by both the Buyer and Seller. Commonly, these conditions of sale include: subject to finance and bond approval, subject to a sale of another property, and subject to the…
The two main ways for the foreigner to acquire property in Malaysia There are two main ways for foreigner to buy property in Malaysia: -buying new launch properties; or -buying sub-sale properties Buying new launch properties New launch properties are…
How can a bankrupt be released from his bankruptcy status? There are 3 ways in which a bankrupt can be released from his bankruptcy status: Discharge by court order A bankrupt must first apply from the DGI a certificate to…
After the amendments of Bankruptcy law in Malaysia, Section 2c(1) Insolvency Act 1967 stated that a debtor can now “propose a voluntary arrangement to his creditors any time before he is adjudged bankrupt.” Voluntary arrangement under the Insolvency Act 1967 gives…
The Star reported on 15th August 2018, stating some 64,632 Malaysians aged between 18 to 44 years old have been declared bankrupt over the last five years. Minister Liew Vui Keong said in a written reply that the highest cases…
A prenuptial agreement is an agreement made by a couple before they marry concerning the ownership of their respective assets should the marriage fail. It is sometimes called a “prenup”, pre-marital agreement, or an ante-nuptial agreement. Nowadays, prenuptial agreements are…
A renovation letter can be called ‘permission letter to renovate’. It is written in order to seek permission for renovation in the premises. A renovation letter is a kind of request letter. A request letter is a document written for the intention of requesting from an entity…
Minister Lim Guan Eng has announced numerous measures for the property sector in Budget 2019 targeting to encourage homeownership, especially for the first-time buyers. According to the announcement made by Minister Lim, a total of RM1.5 billion has been allocated…
A deed of gift is a signed legal document between the parties that voluntarily and without recompense transfers ownership of real, personal, or intellectual property – for example, a gift of materials – from one person or institution to another. Usually, it should include any…
“No doubt smokers will say they have the right to smoke, but non-smokers also have the right to have smoke-free areas,” Dr. Lee Boon Chye had said. Effective 1 January 2019, smoking will be banned in all restaurants and hawker…
What is Prohibitory Order? s334 National Land Code defines Prohibitory Order as: -an order by a court -made to prohibit a judgement-debtor from dealing in his land -so as to enable the judgement creditor to apply for an Order for…
The Budget 2019 carries the theme “Credible Malaysia, Dynamic Economy, Prosperous Rakyat”. It focuses on institutional reforms, the people’s wellbeing and promotion of entrepreneurial culture to recapture Malaysia’s “Economic Tiger” status. Key Highlights Of Budget 2019: Government plans to implement…
What is ‘Matrimonial Property’? Under the Malaysian family law, Matrimonial property refers to ‘the property that is jointly acquired by spouses of the marriage‘. A married couple has the right to decide who gets what when it comes to separation.…
If you live in the city, driving can be a horrendous nightmare. According to a research conducted by the University of Michigan, “Malaysia is among the top 25 most dangerous countries for road users, with 30 fatalities per 100,000 individuals”.…
“Old habits die hard”, they said. Undeniably, Malaysian drivers are generally known for their reckless driving. It is the sad truth that we all Malaysians have to admit. The list of Malaysian driver’s bad habit might be never-ending and it…
According to a research done by the Malaysian Institute of Road Safety Research in 2012, about 23.3% of drivers in fatal accidents were tested positive for alcohol. Thus, it is safe to say that a drunk driver is 13 times…