Therefore, unless otherwise provided by state law, each leave and license agreement must be registered for a period of 12 months or more. States may soon begin to enforce the provisions of the Model Tenancy Act 2019, as the Center aims to give more binding meaning to the policy by turning it into law. The draft was made public and proposals for directives were submitted before 31 October 2020. After this period, the Model Directive may be the vision document on the basis of which states adopt their own rent laws. If this happens, Maharashtra`s rental market will also change significantly. The move will unlock a large number of homes in the rental housing segment.
