UnReasonable Rental Hike
6 months ago
Is there any law to protect tenant from unreasonable rent hike
A.Dear Client,
Various states in India have enacted Rent Control Acts to regulate the rental market and protect tenants from arbitrary rent increases. These laws typically prescribe the maximum allowable increase in rent and the frequency at which landlords can raise the rent. Rent control laws also provide mechanisms for tenants to dispute unfair hikes. The landlord cannot charge rent higher than the fair or standard rent without valid reasons. It's advisable for both landlords and tenants to have a written rental agreement that clearly states the rent amount and the terms of rent increase, if any.
Various states in India have enacted Rent Control Acts to regulate the rental market and protect tenants from arbitrary rent increases. These laws typically prescribe the maximum allowable increase in rent and the frequency at which landlords can raise the rent. Rent control laws also provide mechanisms for tenants to dispute unfair hikes. The landlord cannot charge rent higher than the fair or standard rent without valid reasons. It's advisable for both landlords and tenants to have a written rental agreement that clearly states the rent amount and the terms of rent increase, if any.
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