The Model Tenancy Act,2019 drafted by the Union Ministry for Housing and Urban Development is expected to benefit both owners and tenants. The Model Tenancy Act aims to regulate rental housing by a market-oriented approach.It seeks to promote the creation of a rental housing stock for various income segments including migrants, formal and informal sector… Continue reading Model Tenancy Act will rebuild trust between owners and tenants
Tag: Draft Model Tenancy Act
Draft Model Tenancy Act: what govt proposes for house owners, tenants
The Ministry of Housing and Urban Affairs (MHUA) has released draft of ‘The Model Tenancy Act, 2019’ in public domain. Since land and urban development are state subjects, the central Model Act is not binding on the states unless they draft their legislation based on it. The Model Tenancy Act aims to regulate rental housing… Continue reading Draft Model Tenancy Act: what govt proposes for house owners, tenants
Draft model tenancy law proposes cap on security deposit, appointment of rent authority
The Union Housing and Urban Affairs Ministry has put the draft of ‘The Model Tenancy Act, 2019’ in public domain. It must be noted that this is only a model act because since land is a state subject, states have the right to either adopt it or reject it. The aim of the Act is… Continue reading Draft model tenancy law proposes cap on security deposit, appointment of rent authority
