Video 176 from Sumit Academy discusses the Model Tenancy Act 2021. The aim of this Act is to streamline the process of renting property in India, while bridging the trust deficit between landlords and tenants.
States can adopt the Act, since it is a state subject, or they can amend their existing rent acts to factor in the new MTA. It may lose its real purpose if states do not follow the basic guidelines and dilute them.
The Model Tenancy Act may well become a process rather than an event and need several course corrections to reduce regional dilutions before it becomes a force to reckon with.
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