Letting Of Real Property Companies in Malaysia

In Malaysia, the letting of real property companies is governed by the Companies Act 2016. The act provides for the registration of companies and the regulation of their affairs. It also sets out the requirements for the letting of real property companies.

A company may be registered as a private company, public company, or foreign company. A private company is one that has a maximum of fifty members and its shares are not offered to the public. A public company is one that has a minimum of seven members and its shares are offered to the public. A foreign company is one that is incorporated outside Malaysia.

The act requires that a company must have a registered office in Malaysia. The company must also appoint a company secretary who is resident in Malaysia.

The act sets out the requirements for the letting of real property companies. A company must appoint a managing agent to manage the property. The managing agent must be a registered property management company.

The company must also have a written letting agreement with the managing agent. The agreement must set out the terms and conditions of the letting, including the period of the letting, the rental amount, and the security deposit.

The company must comply with the provisions of the act and the regulations made under it. The