Legal

Legislative intervention needed to regulate AIRBnB

Airbnb is an online marketplace and hospitality service, enabling people to lease or rent short-term lodging including vacation and apartment rentals, homestays, hostel beds and hotel rooms. Interestingly, the company does not own any lodging; it is merely a broker and receives percentage service fees or commissions from both guests and ...

Look Before You Leap

10 things to check before signing your housing loan documents The country’s property sector has taken a downturn, due to the current economic crisis faced by the Malaysian economy. The sales of property is greatly affected too. Currently, a huge number of property units lies unsold and the number is constantly on ...

What Lies Ahead

The benefits of will writing Making your will is one of the most important things you will ever do, as without one, your loved ones’ future could be at risk of financial uncertainty, emotional turmoil or even long drawn-out disputes. Also, after several years of working, you would have amassed some personal ...

Five Things Every Landlord Should State In The Tenancy Agreement

David has received his key for his newly-completed condominium and found a potential tenant, Ah Cai, who was interested to rent the unit as soon as possible. In order to save time and money, David and Ah Cai signed a tenancy agreement downloaded by the former from http://www.never.trust.lawyers.com. Five months later, ...

Joint Purchase On Properties – The Challenges

  Joint ownership of properties, as a result of joint purchase between two or more individuals is very common in this day and age. The purchase of property is jointly done among spouses, family members, business associates and friends. The reasons for the joint purchase of properties varies depending on circumstances. Some ...

Managing Properties Of The Deceased

People gain assets and properties throughout their lives and leave them all behind as they pass on. This has always been the trend for ages. A lot of people are familiar with inter vivos (legal term referring to a transfer or gift made during one’s lifetime) transaction – including buying ...

Best Time For Home Ownership Yet?

  The year 2016 has much in store for prospective homeowners after a challenging year last year, which saw many events that had impacted the real estate industry negatively. The implementation of Goods and Services Tax, dramatic fall of the Ringgit and oil price, the rise of living cost and the ...

Understanding Sales And Purchase Agreement

While purchasing a property, one will not feel secure by merely signing only the Letter of Offer and Letter of Acceptance, notwithstanding the vendor or the purchaser. This insecure feeling of will persist until the signing of the formal agreement – Sale and Purchase Agreement (‘SPA’). SPA is the main ...

Harder To Be A Housing Developer

Property development has captured the imagination of Malaysian businesses across the board in the last decade. Almost every sizeable company has a property division and almost all businesses with extra cash and land banks are venturing into property development. Even landowners without capital are joint venturing with developers to ensure ...

A Cost Effective And Expedient Platform For Consumers – Tribunal For Consumer Claims

SMT undoubtedly reduces Court attendance in matters related to strata management We all know the old saying that “customers are always right”. A consumer that is unsatisfied with the products or services purchased may wish to take legal redress against the vendor or service provider that may have mistreated the consumer ...