What Are A Landlord’s Legal Rights?
Landlord’s Legal Rights- The law grants the landlord the authority to collect rent at going rates in the neighbourhood. The best approach to get extra money is to rent out your property. For this arrangement to have legal validity, the renter and the landlord must execute a formal contract, also referred to as a rent agreement. In India, there are certain laws and guidelines that must be followed while renting any kind of property, whether for business or personal use. In order to safeguard the interests of both landlords and tenants, the legislature enacted a comprehensive Rent Control Act in 1948. The Act has been passed or amended by a number of state governments, including those of Delhi, Maharashtra, and Karnataka. We shall learn about the responsibilities and rights of a landlord in this essay.
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Who is the landlord?
A landlord is the owner of a piece of real estate, such as a home, business, or piece of land, that is rent or lease for a predetermine amount of time to a person or organisation known as a tenant, lessee, or renter in exchange for a predetermined sum of rent.
Landlords’ Rights in India
Right to increase the rent
The law grants the landlord the authority to collect rent at going rates in the neighbourhood. They also possess the authority to raise the rental price on a recurring basis. In India, the annual growth rate of rent is 10%. Laws unique to each state may apply to the rental values. The Model Tenancy Act emphasizes a number of things, one of which is the amount of rent due.
Legal Rights of eviction
Landlords may have difficulties in evicting tenants in accordance with the Rent Control Act. Which is applicable to tenants who have stayed longer than a year. Addressing difficulties including premature eviction, mutual fixation & modification of rent, and repossession concerns are the main goals of the Model Tenancy Act 2020.
Any violation of the rental agreement and subletting a portion of the property without the landlord’s consent are grounds for eviction.
If a tenant refuses to leave the property, the landlord may put a provision in the rental agreement for a progressive increase in rent. The ability to occupy the rented space may serve as justification for eviction.
Right to take temporary ownership of the asset
When it is necessary to evict a tenant in order to undertake maintenance and repair work, the landlord may do so. After the repairs are complete, the renter may rent the space.
Right to be advise of repairs
The maintenance of a property is the responsibility of the owner. When any small or large repairs need to be made, tenants should let the landlord know. They are capable of doing small repairs by themselves. Nonetheless, prior written consent and reimbursement from the landlord are requires for all significant works. The renter and the landlord are requires by the Rent Control Act to split the cost of repairs.
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