Is
there a provision
by which a landlord
is bound to
spend a certain
percentage towards
the maintenance
of his property?
No.
Is it necessary
to register
existing tenancies
as well?
No.
If
a property is
kept vacant
for a period
of one year,
can it be let
out at Market
rent?
Yes.
How
does one determine
the Market rent?
There
is no prescribed
manner but it
can be easily
found out by
approaching
such people
as the brokers,
registration
Authority, and
Appropriate
authority etc.,
How
many months
rent can the
landlord take
as deposit?
Approximately
three months.
It varies
from case
to case.
If
a tenant is
not protected
by the Rent
Act, what is
the procedure
to ask him to
vacate and what
is the notice
period required
to be given?
Normal
Procedure
is to send
a notice to
the tenant
failing which
a court case
may be filed
which usually
takes 10 to
20 years to
reach a verdict.
What
type of agreement
do I have to
make with the
new tenant,
considering
the new Rent
Act?
The
stamps need
to be purchased
in the name
of any one
of the executors
to the Instrument.