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Licence To Occupy Residential Property Template for Malaysia

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Key Requirements PROMPT example:

Licence To Occupy Residential Property

"I need a Licence To Occupy Residential Property for a furnished apartment in Kuala Lumpur that will be used for corporate executives on 3-month rotations starting from March 2025, with specific provisions for cleaning services and maintenance of high-end appliances."

Document background
The Licence To Occupy Residential Property is a specialized legal instrument used in Malaysia when parties wish to establish temporary occupation rights without creating a formal landlord-tenant relationship. This document is particularly useful for short-term arrangements, corporate housing solutions, or situations where flexibility is required. It complies with Malaysian property law, including the National Land Code 1965 and relevant local regulations, while providing clear terms for occupation, usage rights, and obligations of both parties. The document typically includes provisions for license fees, utilities, maintenance responsibilities, and termination rights, making it suitable for various residential property arrangements where a formal lease is not desired or appropriate.
Suggested Sections

1. Parties: Identification of the Licensor (property owner) and Licensee (occupier), including full names, identification numbers, and addresses

2. Background: Brief context explaining the purpose of the license and nature of the arrangement

3. Definitions: Key terms used throughout the agreement including 'Property', 'License Period', 'License Fee', and other relevant terms

4. Grant of License: Clear statement of the permission to occupy, emphasizing it is a license not a lease, and specifying the exact areas of the property covered

5. License Period: Duration of the license, including start and end dates, and any renewal provisions

6. License Fee: Amount payable, payment schedule, method of payment, and consequences of late payment

7. Utilities and Outgoings: Responsibility for utility payments, maintenance charges, and other ongoing costs

8. Use of Property: Permitted use of the property, restrictions, and occupancy limits

9. Licensee's Obligations: Key responsibilities including maintenance, conduct, and compliance with rules

10. Licensor's Obligations: Responsibilities of the property owner including maintenance of structure and facilities

11. Termination: Grounds for termination, notice requirements, and consequences of termination

12. Notices: How formal communications between parties should be made and delivered

13. Governing Law: Confirmation that Malaysian law governs the agreement

Optional Sections

1. Security Deposit: Terms of security deposit if required, including amount, holding conditions, and return provisions

2. Furniture and Fittings: Include when the property is provided furnished, listing maintenance and usage requirements

3. Shared Facilities: Required for properties in multi-unit developments with common areas

4. House Rules: Needed when there are specific building or community rules to be followed

5. Insurance: Include when specific insurance requirements are imposed on either party

6. Special Conditions: For any unique arrangements or requirements specific to the property or parties

7. Guarantee: Include when a guarantor is required for the licensee's obligations

Suggested Schedules

1. Schedule 1 - Property Description: Detailed description of the property including address, included areas, and excluded areas

2. Schedule 2 - Inventory List: List of furniture, appliances, and fittings provided with the property

3. Schedule 3 - House Rules: Detailed rules and regulations for the property and/or building

4. Schedule 4 - Payment Schedule: Breakdown of all payments including license fee, utilities, and other charges

5. Schedule 5 - Condition Report: Document recording the condition of the property at the start of the license period

6. Appendix A - Floor Plan: Plan showing the licensed areas and any excluded or shared areas

7. Appendix B - Photographs: Visual record of the property condition at commencement

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions

























Clauses

























Relevant Industries

Real Estate

Property Management

Corporate Housing

Residential Property

Student Accommodation

Temporary Accommodation Services

Serviced Apartments

Corporate Relocation Services

Relevant Teams

Legal

Property Management

Facilities Management

Corporate Housing

Real Estate Operations

Asset Management

Compliance

Administrative Services

Global Mobility

Relevant Roles

Property Manager

Real Estate Manager

Corporate Housing Coordinator

Facilities Manager

Legal Counsel

Property Administrator

Relocation Specialist

Housing Officer

Asset Manager

Compliance Officer

Real Estate Director

Operations Manager

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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