Showing posts with label Restriction Subletting. Show all posts
Showing posts with label Restriction Subletting. Show all posts

Tuesday, June 19, 2012

Key Provisions of The Draft Model Residential Tenancy Act, 2011


This article is written by Sushant Shetty.


(Also see the article on Deemed Conveyance, Analysis of Coastal Regulation Zone Notification 2011 and State Rent Control Acts Applicable To Tenants Of Public Sector Undertaking Properties  )




The housing ministry has prepared the draft Model Residential Tenancy Act, 2011 (“Act”) that is intended to replace the outdated rent control legislations that cap rents. These old legislations have, over the years prevented the landlords from getting appropriate rents for their prime properties in metros. The key provisions of the Model Residential Tenancy Act, 2011 related to Restriction on Subletting,  Derequisition of Rental Units, Revision of Rent, Security Deposit, Rent Tribunals are