JSA Update – Real Estate

The Model Tenancy Act, 2021

Introduction

The Union Cabinet approved the Model Tenancy Act, 2021 (“MTA/Act”) on June 2, 2021, for adoption by State and Union Territory governments. The preamble of the MTA provides for establishment of a Rent Authority to: (i) regulate renting of premises; (ii) protect interests of landlords and tenants; and (iii) establish a speedy adjudication mechanism for dispute resolution.

For further details, please refer to the below document.



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