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SECOND SCHEDULE PDF Print E-mail

SECOND SCHEDULE

[Paragraph 2(b)]

Lease and Tenancy

Lease 
Monthly rentScale of Fees
For the first RM10,00050% (subject to a minimum fee of RM600)
For the next RM90,00020%
Where the rent is in excess of RM100,000Negotiable on the excess (but shall not exceed 20% of such excess)
Tenancy 
Monthly rentScale of Fees
For the first RM10,00025% (subject to a minimum fee of RM300)
For the next RM90,00010%
Where the rent is in excess of RM100,000Negotiable on the excess (but shall not exceed 10% of such excess)

RULES UNDER THE SECOND SCHEDULE

1. A solicitor shall act only for the lessor/landlord or the lessee/tenant and the remuneration of the solicitor shall be in accordance with the applicable scale fee in this Schedule.

2. Any consideration in the lease or tenancy agreement expressed to be payable other than by way of rent (e.g. service charge, hire of furniture and fixtures) shall be deemed to be rent for the purposes of this Schedule.

3. Where a varying rent is payable, the remuneration of the solicitor shall be based on the highest amount of rent payable.

4. Where the consideration for a lease or tenancy agreement is expressed to be partly for a money payment or premium and partly for a rent, the remuneration of the solicitor shall be the aggregate of-

 

(a)

the scale fees for a sale or purchase agreement based on the amount equal to the money payment or premium as specified in the First Schedule; and

 

(b)

the scale fees based on the rent as specified in this Schedule.

5. Where a solicitor represents the lessor or landlord in respect of leases or tenancies of ten or more units in a building or part of a building in which a standard form of lease or tenancy agreement is used, or where a lease or tenancy agreement is renewed upon substantially the same terms and conditions, the remuneration of such solicitor in respect of each of such lease or tenancy shall be 50% of the applicable scale fee in this Schedule, subject to a minimum fee of RM600 for leases and RM300 for tenancies.


Last checked: 11 Nov 2010
 
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Talk on Intellectual Property Law (10 Feb 2012)
Organised by the Selangor Bar Committee, the talk on “Intellectual Property Law” will take place at 5:00 pm, at the Selangor Bar Committee Auditorium, on 10 Feb 2012 (Friday). The talk will feature Bahari Yeow Tien Hong. Click on the link above for more details.
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