For decades, renting a house in India has often been a chaotic process, relying heavily on verbal assurances and vague terms. To bring transparency and structure to this sector, the government introduced the Model Tenancy Act (MTA). While many states are still in the process of adopting these rules fully, they set the new standard for how renting works. If you are planning on renting a property—either as a landlord or a tenant—you need to know these crucial changes. Here are the key highlights of the new rules implemented to streamline renting: 1. Mandatory Written AgreementGone are the days of "mutual understanding." The new rules mandate a written agreement between the landlord and tenant. This document must be submitted to the specific Rent Authority set up by the state government within two months of signing. • Impact: This eliminates ambiguity regarding rent tenure and terms, protecting both parties in case of a future dispute. 2. Capping the Security DepositOne of the biggest pain points for tenants has been exorbitant demands for security deposits. The new rules address this directly: • Residential Premises: The security deposit is capped at a maximum of two months' rent. • Non-Residential/Commercial: The cap is set at a maximum of six months' rent. 3. Clear Roles and ResponsibilitiesThe new rules clearly define who is responsible for what. • Landlord's Duty: Structural repairs, whitewashing, and changing plumbing pipes are typically the landlord's job. • Tenant's Duty: Routine maintenance like fixing tap washers, drain cleaning, and repairing kitchen fixtures fall to the tenant. • Crucial Rule: A landlord cannot cut off essential supplies like electricity or water if the tenant fails to pay rent. They must follow the legal eviction process. 4. Faster Dispute ResolutionPreviously, tenancy disputes dragged on in civil courts for years. The new rules establish specific Rent Courts and Rent Tribunals to fast-track these cases, aiming for a resolution within 60 days. ConclusionThese government rules are designed to balance the interests of both owners and renters. Before handing over keys or signing a lease, ensure your agreement aligns with these modern standards to ensure a peaceful tenancy. Disclaimer: The implementation of the Model Tenancy Act varies by state. Please consult local laws or a legal professional for specific advice in your region.