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Aug 6th, 2022

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How to Sign with Stamp Rental Property Lease Agreement

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want to make sure that your rental lease agreement is rock-solid and watch this video to learn five key lease clauses that you must include in your next rental lease for the best landlord tips and tricks stay tuned to our channel subscribe and hit that bell to be notified every time theres a new video each and every Wednesday so when was the last time you reviewed or updated your rental lease agreement hopefully it was within the last year or two having a really comprehensive lease is so important and it helps avoid problems down the road because youve spelled out everything as clearly as possible what I want to talk to you about today are five clauses that we feel are really critical to make sure that you include so that you protect yourself as the landlord hi there my name is sue Ricci Im an entrepreneur and Im the co-founder and Broker of Ricci property management were residential property management firm and real estate brokerage in the Northern Virginia area so lets get to

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

Does a lease agreement need to be stamped?

Stamp Duties Stamp Duty on all lease agreements has been abolished as from 1 April 2009.

How do I stamp a rental agreement?

Step 1: Prepare 2 sets of the tenancy agreement signed by you and your tenant. Step 2: Go to your nearest Lembaga Hasil Dalam Negeri office (LHDN office). Step 3: Once youre there, tell the officer you want to stamp your tenancy agreement. Youll be given a couple of forms and a queue ticket.

What happens if a lease is not stamped?

An obvious consequence is that the landlord and the tenant will be liable to civil proceedings by the Collector of Stamp Duty of the Inland Revenue Department. Moreover, a tenancy document must be stamped before it can be lodged with the Land Registry for registration.

Who is responsible for stamp tenancy agreement?

Generally, tenants are responsible for making the stamp duty payment, unless otherwise agreed by the landlord, and can check the amount payable via IRAS website. The party paying the stamp duty should also check that the duty is fully paid by requesting the stamp duty certificate.

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