Model Tenancy Act
04/06/2021

Tags:

Context:

  • After releasing the draft in 2019, the Centre recently formally approved the Model Tenancy Act (MTA) to streamline the process of renting property in India.

About:

  • States and Union Territories can adopt the Model Tenancy Act by enacting fresh legislation or they can amend their existing rental laws.
  • The model Act, if passed by the States and UTs, would prescribe the norms for lease agreements, deposits, dispute handling and other aspects of rental properties.
  • Separate rent authorities, courts and tribunals will be set up in districts to protect the interests of both the owner and the tenant.

Quiz of the Day for IAS Prepation
Test Your UPSC Preparation With Vajirao's Daily Current Affairs Quiz

Select the correct answer and click on the “Finish” button Check your score and explanations at the end of the quiz

Start Quiz