Document background
This Online Tenancy Agreement template is designed for use in Malaysia where there is an increasing need for digital property rental solutions. The document combines traditional tenancy requirements with modern electronic transaction capabilities, making it suitable for both individual landlords and property management companies. It complies with Malaysian property laws, including the National Land Code 1965, Contracts Act 1950, and Electronic Commerce Act 2006, while incorporating provisions for digital signatures and online execution. The agreement is particularly valuable in situations requiring remote contract completion or when parties prefer paperless transactions. It includes comprehensive terms covering rent, deposits, maintenance, utilities, and other standard tenancy provisions, along with specific clauses ensuring electronic validity.
