Info Hartanah


When renting a home, you will be required to pay a variety of rental deposits.

Generally, there are 3 types of deposits that Malaysian people need to know.

1. Advance rental/Earnest deposit/Booking payment

This deposit is paid when a tenant expresses interest in a home but is unable to move in at that time.
This deposit is intended to reserve the rental property.

2. Security deposit

This deposit is meant to cover all damages made by the tenant to the rented property and the furnishings provided at the rented home.

Typically, this deposit is returned in full to the tenant at the end of the tenancy agreement if there are no damages to the unit and no pending rental payments.

3. Utility deposit

Utilities such as water and electricity are included in the rental payment. Landlords typically collect this deposit or ask tenants to handle it independently.

When tenants fail to pay their utility bills, landlords utilize this deposit to cover the costs.

This deposit is usually refunded in full at the end of the rental agreement if there are no outstanding utility bills.

I hope this information will be helpful.

READ: 4 Ways To Avoid House Rental Scam

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