By A T Bureau
The Minister for Housing and Urban Poverty Alleviation Kumari Selja has said that the Ministry of Housing and Urban Poverty Alleviation has prepared a draft Model Residential Tenancy Act, 2011 to promote rental housing in line with the National Urban Housing and Habitat Policy-2007.
In a written reply in the Lok Sabha today she said, the salient features of draft Model Residential tenancy Act 2011 are as under:-
1. The Model Act proposes to establish a framework for the regulation of Residential Tenancy matters and to balance the rights and responsibilities of landlords and tenants including a process of fast adjudication process for resolution of disputes.
2. The Model Act proposes that rent of a housing unit should be fixed by mutual agreement between the landlord and the tenant for a stipulated lease period.
3. It provides for constitution of Rent Tribunals to adjudicate on disputes as arising between the landlord and the tenant and other connected matters, and the constitution of a Rent Appellate Tribunal to hear appeals against the orders of the Rent Tribunal.
She said, amendment of Rent Control Laws balancing the interest of landlords and tenants is one of the reforms under JNNURM. The draft Model Residential Tenancy Act 2011 has been circulated to State Governments/UTs vide letter dated 4.3.2011 for comments. The response of State Governments is awaited. It is not possible to indicate time frame as the Model Residential Tenancy Act, 2011 is to be adopted by the States.