Tenancy Agreement Shoplot

Here`s one thing you should first keep in mind: renting a mall is not the same as renting offices or houses in Malaysia. One of the first things you need to do if you plan to rent a mall room is signing a contract/agreement with the mall management (also known as the owner). This creates an owner-tenant relationship between you and the mall management. Therefore, if you terminate your agreement by closing your point of sale forever, you will have to pay damages (financial compensation) in the form of rent – for the remaining period that you did not occupie instead of the mall. 4. n) During the two (2) months immediately prior to the expiration of the lease, unless the tenant has notified its intention to extend the lease as provided below, to persons having the written authority of the lessor at all reasonable hours of the day, but with a prior period of three (3) days for the tenant to visit both premises for rental purposes. . . .