When renting a property in Malaysia, it is important to have a proper tenancy agreement in place. This agreement serves as a legally binding contract between the landlord and tenant and outlines the terms and conditions of the rental arrangement. To ensure the validity of the agreement, it must be stamped according to the proper procedure. In this article, we will discuss the tenancy agreement stamping procedure in Malaysia.

Step 1: Prepare the Tenancy Agreement

The first step in the stamping procedure is to prepare the tenancy agreement. This document should include the names and contact information of both the landlord and tenant, the rental property address, the rental amount, the lease start and end dates, and any other relevant terms and conditions.

Step 2: Obtain a Tenancy Agreement Stamp

After the tenancy agreement has been prepared, the next step is to obtain a tenancy agreement stamp. This can be obtained from any LHDN (Lembaga Hasil Dalam Negeri) office or branch. There are different types of tenancy agreement stamps available, depending on the duration of the tenancy. The stamp fees vary based on the rental amount and the duration of the agreement.

Step 3: Submit the Tenancy Agreement for Stamping

Once the stamp has been obtained, the next step is to submit the tenancy agreement for stamping. This can be done in person at any LHDN branch. The landlord or the tenant can submit the document for stamping, as long as they present a valid ID and the stamp fees.

Step 4: Collect the Stamped Tenancy Agreement

After the tenancy agreement has been stamped, the final step is to collect the document. The LHDN officer will affix the stamp on the document and endorse it with a date stamp and signature. The stamped tenancy agreement will then be returned to the person who submitted it.

It is important to note that the tenancy agreement must be stamped within 30 days of the lease start date. Failure to stamp the document may result in a penalty or legal consequences in case of a dispute between the landlord and tenant.

In conclusion, the tenancy agreement stamping procedure is an essential step in renting a property in Malaysia. It provides legal validity to the rental agreement and protects both the landlord and tenant. By following the above steps, you can ensure that your tenancy agreement is properly stamped and compliant with Malaysian law.