Friday, August 27, 2010
Stamping the Tenancy Agreement
As today is a Selangor public holiday, I finally dragged my feet to do the tenancy agreement stamping for my rental apartment in Cyberjaya.
I went to the LHDN office at Jalan Duta at 9am. I learnt that there were 2 blue forms and 1 white form to fill for each room tenancy. So altogether I was filling in 9 pieces of paper which took quite a while. Then I took the number to wait for my turn. The officer checked the documents and calculated the stamp duty rate.
And I learnt a lesson, stamping must be done within 30 days from the date of the agreement, otherwise one is liable to pay a fine. And needless to say, I got fined. As there are 3 room agreements, I was fined 3 times because I was late by maybe 10 days. And not only that, due to the fine I had to send the original agreements for endorsement. I was told to come back for collection on Monday 2pm. I only took back the copies.
But I was still thankful that the whole affair was simple and easy, and I learnt something new which I will be mindful of the next time I rent out another property.