Live Breaking News & Updates on குத்தகை சச்சரவுகள்
Stay updated with breaking news from குத்தகை சச்சரவுகள். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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. ....
To print this article, all you need is to be registered or login on Mondaq.com. 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. ....