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Expert view: How big a change will the Model Tenancy Act bring? Does it apply immediately?
Among the changes under the act, unless agreed otherwise in the agreement, the landlord will make all the structural repairs, whitewashing, external electrical wiring and related maintenance.
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The Union government on Wednesday cleared the Model Tenancy Act, which
offers legal protection to both owners and tenants. According to realtors, the new Act erases many legacy issues associated with renting residential properties and goes a long way in formalising the sector. But how significant a difference will it make to those renting houses and to the landlords?
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