This Act is proposed to overcome the archaic nature of current rental laws in the country as they do not address the relationship between the lessor and lessee realistically and practically.
The important features of the Act are as following –
The definition of ‘premises’ includes residential and commercial premises but excludes premises earmarked for industrial use.
Under the Proposed Model Act, the renting-out of the premises has to be under an agreement in writing and filed with the Rent Authority by the landowner and tenant, in the form specified within two months from the date of the agreement. This filing shall ....
