Tamil Nadu government has expressed its intention to set up a rent regulatory authority to deal with rent related issues in the state. To achieve the same, the state government has introduced a bill to promulgate the Tamil Nadu Regulation of Right and Responsibilities of Landlords and Tenants Act, 2017 in the assembly. This new bill will replace the existing Tamil Nadu Building (Lease and Rent) Control Act, 1960.
Housing and urban development minister Udumalai K Radhakrishnan commented that the Tamil Nadu Regulation of Right and Responsibilities of Landlords and Tenants Act, 2017 will be formed on the lines of the model bill suggested by the central government.
Officials share that the state government proposes to create a rent authority, a court and tribunal through the Act, to deal with disputes related to the rights of tenants and landlords. Once enacted, the bill would make it mandatory to for property owners to notify the rent authority about written rent agreements for properties in all urban areas of the state. Written agreement would be intrinsic to legally rent or lease out properties in the state.
The bill lays down the responsibilities of landlords as well as 14 periodic repairs that tenants are expected to carry out. In addition, the bill states that a tenant should be evicted while the tenancy agreement continues and specifies exemptions where landlords can repossess his property.
Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. 99acres does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.