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tenancy ordinance: UP cabinet approves tenancy ordinance


Synopsis
Once the ordinance is promulgated, signing of contract will become compulsory to rent out a property. This will safeguard the interests of both, the property owner and the tenant. The ordinance has made provision for a rent authority and rent tribunal to resolve disputes. These bodies will be tasked to resolve issues within 60 days.
The Uttar Pradesh cabinet has approved the decision to bring in the Uttar Pradesh Regulation of Urban Premises Tenancy (second) Ordinance 2021.
The provisions of the ordinance will lead to reduction in tenancy disputes and in older cases rents can be revisited.
Once the ordinance is promulgated, signing of contract will become compulsory to rent out a property. This will safeguard the interests of both, the property owner and the tenant. ....

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Dispute Resolution Mechanism – Current Rent Control And Tenancy Laws Vis-À-Vis Model Tenancy Law - Real Estate and Construction


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The Model Tenancy Law has been prepared by the Ministry of
Housing and Urban Affairs with an objective to balance the
interests and rights of the landlords and tenants. Chapter VI of
the Model Tenancy Law deals with the Rent Authorities, their power
and procedure for appeals and Chapter VII of the Model Tenancy Law
deals with Rent Court, Rent Tribunal, procedure to be followed in
rent court and rent tribunal, powers of the rent court and rent
tribunal, procedure for appeal to the rent tribunal. ....

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