This is IPA’s newly-designed online course on Leases and Tenancies for 2021.
Session One begins with a quick refresher on the Malaysian Torrens system, the concept of security of tenure, the different categories of land titles, the four recognized “dealings” under the National Land Code 1965, the tenancy or leasing of Malay reserve land and the drafting of a sound lease agreement that protects both the lessor and lessee.
In Session Two, the focus will be on dealing with a prospective lessee or tenant (including tenant screening and showing the rental property), the security of deposit, the rights and obligations of the lessor and lessee, followed by a detailed explanation of several critical issues such as quiet enjoyment, duty to pay rent, effect of default in rental payment, distress actions by the lessor or landlord, eviction proceedings and finally the drafting and vetting of specific agreements.
In Session Three, the discussion will be on the rent-to-own (RTO) schemes introduced by PR1MA and private developers and financial institutions, the lease purchase contracts (including the practice in UK and Australia), the development and lease of wakaf land and finally the development and lease of Malay reserve land.
Finally, Session Four will conclude with a discussion on the rights of parcel owners in strata developments to rent out their parcels in conventional long term tenancy as well as the Airbnb short term rentals, the obligations of parcel owners to pay their quit rent directly to the relevant authorities, the effect of their default, the rights of co-tenants in cases of shared accommodation, the prospects of a new Residential Tenancy Act, and finally a quick look at the tenancy legislation in Ontario (Canada) and Victoria (Australia).