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Model Tenancy Act 2021
The Model Tenancy Act of 2021 is a bill that was introduced in the United States
The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, has approved the Model Tenancy Act 2021 for distribution to all States and Union Territories for adaptation through new legislation or appropriate amendments to existing rental laws.
It will assist in the revision of the legal framework governing rental housing across the country, hence assisting in the general expansion of the sector.
The main goal of the Model Tenancy Act 2021 is to:
The Model Tenancy Act seeks to make the rental housing market in the United States more vibrant, sustainable, and inclusive. It will allow for the development of adequate rental housing supply for people of various income levels, thereby solving the problem of homelessness. The Model Tenancy Act will allow rental housing to be institutionalized by progressively moving it into the formal market.
The Model Tenancy Act will make it easier to turn vacant houses into rental housing. It is expected to offer private participation in rental housing as a business model a boost in order to meet the massive housing crisis.
Unless otherwise agreed in the tenancy agreement, the landlord is responsible for activities such as structural repairs, except those necessitated by damage caused by the tenant, whitewashing of walls and painting of doors and windows, changing and maintaining plumbing pipes, and internal and external electrical wiring and related maintenance.
A renter will be responsible for cleaning drains, replacing switches and sockets, repairing kitchen fixtures, replacing glass panels in windows and doors, and maintaining gardens and open spaces, among other things.
Download Model Tenancy Act 2021 PDF [Union Cabinet Model Tenancy Act]
|Post Updated Date||June 3, 2021|
|No of Pages||28|
|Size of File||0.96 MB|
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