Model Tenancy Law Current Affairs, GK & News
Union Cabinet has approved “Model Tenancy Act” for circulation to all States and Union Territories for adaptation by enacting fresh legislation or amending existing rental laws as required. Highlights Approved act will help in rebuilding legal framework on rental housing in India which in turn boost overall growth. Act was passed with the aim of ..
Month: Current Affairs - June, 2021
Category: Government Schemes Current Affairs
The Uttar Pradesh Cabinet recently approved the Uttar Pradesh Regulation of Urban Premises Tenancy (second) Ordinance, 2021. The ordinance will reduce the tenancy disputes. Key Features of the Ordinance The ordinance makes it mandatory to sign contract will to rent out a property. This is being done to safeguard the interests of both the tenant ..
As proposed by the Union Finance Minister in her budget speech, the Ministry of Housing and Urban Affairs has released the draft Model Tenancy Law, 2019, and has invited comments from the public till August 1 for the same. Features of the Proposed draft Law The law seeks to establish a Rent Authority to be ..