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Property Management Termination Letter for Malaysia

Property Management Termination Letter Template for Malaysia

A formal document used in Malaysia to terminate property management services, governed by the Strata Management Act 2013 and related regulations. This letter serves as an official notice to end the professional relationship between the property owner/management body and the property management company. It includes essential details such as termination date, handover requirements, and final settlement terms, while ensuring compliance with Malaysian property management laws and contractual obligations.

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Property Management Termination Letter

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What is a Property Management Termination Letter?

The Property Management Termination Letter is a crucial document used in Malaysian property management to formally end property management services. It is typically used when a property owner, Joint Management Body (JMB), or Management Corporation decides to change property management companies or is dissatisfied with current services. The document must comply with the Strata Management Act 2013 and related Malaysian regulations, including specific notice periods and handover requirements. This letter serves as official documentation of the termination decision, outlines the transition process, and protects both parties' interests by clearly stating termination terms, final settlement requirements, and handover procedures.

What sections should be included in a Property Management Termination Letter?

1. Sender's Details: Full name, designation, and address of the party sending the termination notice

2. Recipient's Details: Full name and address of the property management company

3. Property Details: Complete address and description of the property under management

4. Reference Information: Contract reference number, date of original agreement, and any other relevant reference numbers

5. Termination Statement: Clear statement of intent to terminate the property management services

6. Termination Date: Specific date when the service will terminate, ensuring compliance with notice period requirements

7. Reason for Termination: Brief explanation of the grounds for termination

8. Handover Requirements: List of items, documents, and access devices to be returned

9. Final Account Settlement: Details regarding final payments, outstanding fees, or refunds

10. Signature Block: Space for signature, name, and date of signing

What sections are optional to include in a Property Management Termination Letter?

1. Breach Details: Include only if termination is due to breach of contract, detailing specific violations

2. Transition Plan: Include if there is a new property manager taking over, outlining transition arrangements

3. Legal References: Include specific references to relevant laws or contract clauses if termination is contested or complex

4. Acknowledgment Request: Include if formal acknowledgment of receipt is required from the property manager

What schedules should be included in a Property Management Termination Letter?

1. Inventory List: Detailed list of all property-related items, keys, access cards, and documents to be returned

2. Outstanding Matters Log: List of pending maintenance issues, ongoing projects, or unresolved matters

3. Financial Statement: Summary of financial positions, including any outstanding payments or deposits

4. Handover Checklist: Comprehensive checklist of all items and documents required for the handover process

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Malaysia

Publisher

Ƶ

Document Type

Termination Letter

Cost

Free to use
Relevant legal definitions

























Clauses
























Relevant Industries

Residential Real Estate

Commercial Real Estate

Mixed-Use Development

Retail Property

Industrial Property

Strata Property Management

Facilities Management

Real Estate Services

Property Development

Relevant Teams

Legal

Property Management

Facilities Management

Operations

Asset Management

Real Estate

Contract Administration

Property Services

Building Operations

Compliance

Relevant Roles

Property Manager

Facility Manager

Building Manager

Real Estate Manager

Property Services Director

Operations Manager

Asset Manager

Estate Manager

Property Management Executive

Strata Manager

Legal Counsel

Contract Administrator

Property Owner

Building Administrator

Facilities Director

Industries





Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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