The Union Cabinet chaired by the Prime Minister has approved the Model Tenancy Act<\/a> and circulated it to all States\/Union Territories. The Ministry of Housing and Urban Affairs had earlier released the draft guidelines in July 2019. The Act aims to bridge the trust deficit between tenants and landlords<\/strong><\/a> by clearly delineating their obligations. It aims to create a vibrant, sustainable, and inclusive rental housing market in the country<\/span>.<\/span><\/p>\n However, the success of the act depends upon the ground level realisation of the notified provisions. Further, it is not binding on states as Land is a state subject under List 2 of the Seventh Schedule. Therefore, optimum benefits would be generated only when states adopt the act in letter and spirit.\u00a0<\/span><\/p>\n The government has laid a good framework that balances the social welfare of tenants and the economic interests of landlords. The states now just need to adopt the Model Tenancy Act as per their peculiar requirements. This will help them in releasing the dream of Housing for All by 2022.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":" Introduction The Union Cabinet chaired by the Prime Minister has approved the Model Tenancy Act and circulated it to all States\/Union Territories. The Ministry of Housing and Urban Affairs had earlier released the draft guidelines in July 2019. The Act aims to bridge the trust deficit between tenants and landlords by clearly delineating their obligations.… Continue reading Model Tenancy Act: Need and Challenges – Explained, pointwise.<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[130,1243,9],"tags":[1409],"class_list":["post-110808","post","type-post","status-publish","format-standard","hentry","category-7-pm","category-act-and-schemes-new","category-public","tag-eco_5","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/110808","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=110808"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/110808\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=110808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=110808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=110808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Salient features of the Model Tenancy Act<\/b><\/h5>\n
\n
\n
\n
Need of the Model Tenancy Act<\/b><\/h5>\n
\n
\n
\n
\n
Challenges with the Model Tenancy Act<\/b><\/h5>\n
\n
Suggestions<\/b><\/h5>\n
\n
Conclusion<\/b><\/h5>\n