Legal

model tenancy act

Benefits Of The Model Tenancy Act

The Union Cabinet approved the Model Tenancy Act to bolster the relationship between homeowners and tenants. Here we explain about benefits of the Model Tenancy Act (MTA2021) It will facilitate tenants to find a house easily as it encourages private participation and makes available unrented houses in the real estate market. The present act will strengthen the rental real estate market and regulates...

model-tenancy-act-2021

Model Tenancy Act 2021 – Basic Rights & Responsibilities You Must Know

The Union cabinet approved the Model Tenancy Act 2021 on Wednesday 2nd June to bridge the trust gap between owners and tenants by making compulsory tenancy agreement, rights and obligations of owner and tenant much more transparent across the country. The Model Tenancy Act 2021 is same as the draft model released by the Ministry of Housing and Urban Affairs last year during october month which has 47...

RERA

What is RERA and What are the benefits?

RERA stands for Real Estate Regulatory Authority established as per Real Estate (Regulation and Development) Act, in 2016 to protect home buyers and to boost real estate investments. The RERA act was effective on and from May 1st 2016 where the bill was passed by Rajya Sabha on March 10th and then by Lok Sabha on March 15th in the same year. On October 31st the govt through HUPA (Housing & Urban...

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