1. |
In consideration of your real estate services to rent out the abovementioned property on my/our behalf,
I/We, hereby agree to pay FOREWARD REALTY SDN BHD a professional fee of
month(s) rent
and a Sales and Services Tax (SST) on the professional fee upon the signing of the Tenancy
Agreement with any Tenant(s) introduced by FOREWARD REALTY SDN BHD at any time within the
appointment period or any extended period.
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2. |
FOREWARD REALTY SDN BHD is authorized to accept on my/our behalf an earnest deposit of up to
1.5 month’s rent agreed by me/us and to deduct from the earnest deposit, the professional fee and the
SST due and payable upon the signing of the Tenancy Agreement or handover of vacant possession
whichever is earlier.
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3. |
In the event the transaction is aborted by the Tenant(s) or Landlord before the Tenancy Agreement is
signed and a forfeitable earnest money is paid and accepted, I/We agree to pay FOREWARD REALTY
SDN BHD a professional fee equivalent to 50% of the forfeitable earnest deposit or 50% of the agreed
fee and the SST on the professional fee, whichever is lesser.
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4. |
I/We fully indemnify FOREWARD REALTY SDN BHD against all claims by the Tenant(s) if, I/We for
whatsoever reasons, do not proceed to execute the Tenancy Agreement after the forfeitable earnest
deposit has been accepted by me/us.
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5. |
I/We hereby permit FOREWARD REALTY SDN BHD to display signboards or banners at the said
property, advertise in the media/internet and send out flyers to promote the rental of the said property.
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6. |
This appointment is given to FOREWARD REALTY SDN BHD in my/our Company’s capacity as the:-
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a) |
registered proprietor(s) |
b) |
duly authorized representative pursuant to a Power of Attorney |
b) |
trustee for the legal owner(s) who is/are |
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7. |
Terms and Conditions of Payment and Duration of Tenancy: |
Security Deposit |
: |
( )
month's rent.
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Advance Rental |
: |
( )
month's rent.
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Utility Deposit |
: |
( )
month's rent.
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Duration of Tenancy |
: |
( )
years +
( )
years
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