Home Urban Infrastructure News Realty News Registration of rental agreements now must in Tamil Nadu

    Registration of rental agreements now must in Tamil Nadu

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    Tamil Nadu Regulation

    Modelled on the Centre’s Tenancy Act, the Tamil Nadu Regulation of Rights and Responsibilities of Landlords and Tenants Act, 2017, will replace the Tamil Nadu Buildings (Lease and Rent Control) Act, 1960, which is popularly known as the Rent Control Act and criticised for being skewed in favour of tenants.

    Chief minister Edappadi K Palaniswami launched an exclusive portal, www.tenancy.tn-.gov.in, where people can create a tenancy registration number using which they can register their agreements with the appropriate rent authority. Rent authorities would be constituted in every district, headed by a deputy collector rank officer to resolve disputes between tenants and owners.

    Rent courts and tribunals will also be created as part of the new act in each district. All tenancy agreements should be written agreements and compulsorily registered with the rent authority under the new act.

    Besides, even people who have already rented out places will have to register their agreements with the rent authority concerned within the next 90 days.

    The aim of the new tenancy act is to balance the rights and responsibilities of tenants and owners.

    An official release here said that the Union government had emphasised on replacing the Rent Control Act during signing of the memorandum of understanding (MoU) under the Housing for All programme.

    In 2017, the state government had introduced the bill in the assembly to implement the tenancy act that will cover all the urban areas. It was passed a year later.

    Under the 2011 census, Tamil Nadu has 23.4% rental housing.

    Info- https://realty.economictimes

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