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Room Rental Agreement Malaysia

Room Rental Agreement Malaysia

The attorney`s fees and stamp duty of Lembaga Hasil Dalam Negeri Malaysia (LHDN) are as follows:Attorney`s fees for a lease term of three years and beyond:First rental of RM10,000 – 25% of monthly rent Next Rent RM90,000 rental – 20% of monthly rentMore than RM100,000 – negotiable stamp duty for LHDN:Rental for each RM250 by RM2, 400 RentalLess than 1 year: RM1Zentre 1-3 years: RM2More than 3 years: RM3 Annual rent below RM2,400 – no stamp duty Here is an example of what the calculations would be, if you rent a property for RM1,500 per month:Lawyer`s fees: RM1,500 x 25% = RM375Stamp Duty: (RM18,000 (annual rent) – RM 2,400) / RM250 x 1 year = RM62, 40 Total for attorneys` fees and stamp duty: RM437.40The above information on the details of attorneys` fees for the rental comes from Speedhome, an online platform that people can rent directly from their site. 8. Changes. .


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