95272982 Restraint on Dealings

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Restraint on Dealings Dr. Nuarrual Hilal Haji Md. Dahlan College of Law, Government and International Studies Universiti Utara Malaysia Dealings Transfer  Charge  Lien  Easement  Lease  Example Bakar owns a land in Sintok.  The land is worth RM 10,000.00  Bakar sells his land to Umar at the price of RM 15,000.00.  Here, Bakar transfers his land to Umar.  Now, the new proprietor/owner to the land is Umar.  This is a type of dealing under the NLC.  Example        Bakar o
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  Restraint on Dealings Dr. Nuarrual Hilal Haji Md. Dahlan College of Law, Government and International Studies Universiti Utara Malaysia  Dealings  Transfer  Charge  Lien  Easement  Lease  Example  Bakar owns a land in Sintok.  The land is worth RM 10,000.00  Bakar sells his land to Umar at the price of RM 15,000.00.  Here, Bakar transfers his land to Umar.  Now, the new proprietor/owner to the land is Umar.  This is a type of dealing under the NLC.  Example  Bakar owns a land in Sintok.  The land is worth RM 10,000.00  Bakar leases his land to Umar for a duration of 5 years.  The lease is effected via a lease agreement.  Bakar  –  Lessor, Umar  –  Lessee.  Umar has to pay monthly lease payment to Bakar at RM 500.00 per month for 5 years.  The lease is a type of dealing under NLC.
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