The Draft Model Tenancy Act
The need to create a conducive legal atmosphere, which would help unlock the existing properties for being rented out and for mass scale investment in new rental housing stock, has been felt. In order to improve the availability of rental housing across all income categories, it is pertinent that decisions on tenancy should be determined by market forces i.e. it should be mutually agreed between the landlord and the tenant rather than be specified by law (as standard rent under existing rent control laws). The Model Tenancy Act proposes to establish a framework for the regulation of Tenancy matters (residential and commercial) and to balance the rights and responsibilities of landlords and tenants including a process of fast adjudication process for resolution of disputes.
The Draft Model Tenancy Act is a model / template for States to adopt. It is neither a Central Bill nor an Act of Parliament
Draft Model Tenancy Act 2015:
Draft Model Tenancy Act 2015, aimed at regulation of tenancy for commercial and residential properties, which will
The Model Act is not applicable for Government/employee housing/charity and religious buildings. A copy of the Draft Act can be found here size:( 0.22 MB)