How much is the Tenancy Agreement Preparartion fee?
Legal fee for preparation of Tenancy Agreement up till 3 years is 30% of the monthly rental (subject to a minimum of RM 500). Subjected to 8% SST.
Example:
To prepare a Tenancy Agreement for a monthly rental of RM 5,000 per month:
Legal fees = RM5,000 x 0.3 = RM 1,500.00
8% SST = RM 1,5000 x 0.08 = RM 120.00
Miscellaneous fees = RM 50.00
8% SST = RM 4.00
Total Legal Fees = RM 1,674