Document background
The Managing Agent Termination Notice is a crucial document used when a principal company or property owner wishes to end their relationship with a managing agent in Malaysia. This document is typically employed when there is a need to change service providers, address performance issues, or restructure management arrangements. The notice must comply with Malaysian legal requirements, particularly the Contracts Act 1950 and relevant property management legislation. It should clearly state the termination grounds, notice period, and transition requirements while protecting both parties' interests. The document is essential for ensuring a proper handover of responsibilities and maintaining clear records of the termination process in accordance with Malaysian law.
