Quit rent


Jan 22, 2019 · Quit rent constitutes a form of tax levied against all alienated land in Malaysia. Though mandated by federal law, state governments assess and collect all quit rent. Alienated land constitutes any leased land owned by the government, or any land formerly owned by the government. The first part of this work is the Quit Rent Roll of 1704, for the fourteen counties that paid tribute to the King, while the remainder is the list of those in the Northern Neck area who were granted lands by the Lords Proprietors. LIPIS: The new quit rent implemented in Pahang this year will not burden those in the lower income groups, said Menteri Besar Datuk Seri Wan Rosdy Wan Ismail. He said the last time Pahang reviewed the quit rent was in 2007, and that new rate is still among the lowest in Malaysia. Quit rent is a form of levy or land tax imposed on freehold or leased land by a higher landowning authority, usually government or its assigns. Under feudal law, the payment of quit rent freed the tenant of a holding from the obligation to perform such other services as were obligatory under feudal tenure . Jan 22, 2019 · Quit rent constitutes a form of tax levied against all alienated land in Malaysia. Though mandated by federal law, state governments assess and collect all quit rent. Alienated land constitutes any leased land owned by the government, or any land formerly owned by the government.