Cabinet gives approval for Model Tenancy Act
The Union Cabinet, on Wednesday, has approved the Model Tenancy Act (MTA). Now, States and UTs can enact new legislation or amend the existing law based on the model provided by the Centre.
MTA envisages to balance the interests and rights of both the owner and tenant in an accountable and transparent manner, said a statement issued by the Housing and Urban Affairs Ministry. It hopes the new model law will complement the vision of Housing for All by 2022 by making the 1.1 crore vacant houses available…