RENT DISPUTES
Why can your insurance claim get rejected & how to avoid it?
All health insurance policies have a life-long renewal clause which the regulator has mandated. They cannot be rejected and your pricing cannot go up purely because you have a condition right now. So, certain benefits are inbuilt and benefits that the customer can take, says Deepak Yohannan, CEO, MIC Insurance Web Aggregator
Tamil Nadu: Family trapped on first floor after landlord demolishes staircase
Tamil Nadu fire and rescue services were called to rescue a family trapped on the first floor of their home after their landlord demolished the staircase due to a dispute over rent payment. The landlord, Srinivasan, had already cut off the electricity, drinking water, and sewage lines to the property the previous week.
Rent agreement clauses that landlord, tenant should add to avoid fights in future
Rent agreement clauses for landlord, tenant: It can happen that the landlord and tenant are unable to add all the clauses to protect their interests in the lease agreement. However, there are certain clauses that should be added in the rent agreement to avoid future disputes. These clauses will help both landlord and tenant as well as protecting their respective interests.
Renting a furnished house; Will a separate rent agreement for fixtures help in saving taxes?
House rent: A landlord might be inclined to charge an higher rental for his/her furnished flat as tenants prefer to stay hassle free and in an homely environment with all the amenities. Experts suggest that a landlord create two separate rent agreement-one for the house rent and another for the rent for furnishings- bed, geyser, mattress, etc.
Airbnb agrees to pay $621 million to settle a tax dispute in Italy
Short-term rental platform Airbnb has agreed to pay 576 million euros ($621 million) to settle a years-long dispute over unpaid taxes in Italy but said it won't try to recover the money from its hosts.
8 ways to transfer your assets to legal heirs, how much to leave as inheritance
Find out the best ways to transfer your wealth to heirs and what it entails for inheritors.
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Booking.com to pay 94 million euros to settle Italian tax dispute
Prosecutors in the nortwestern Italian port city launched their investigation in 2018 into Booking.com, which is based in the Netherlands, over the way it handles taxation of properties rented out through its website.
Rent agreements must have these clauses to protect landlord's rights
To avoid facing a situation of errant tenant, it is important for a landlord to mention these clauses in the rent agreement. These clauses will help to have his/her rights on the ownership of property protected. Along with this, these clauses in lease agreement helps a landlord in ensuring to define responsibility and obligation of both landlord and tenants.
Tenants must get these clauses added in rent agreement to avoid being cheated
"While tenants do not have much bargaining power to negotiate rent agreements, there are some significant clauses they must check or add to the agreement to protect their interests," said Nitin Jain, Partner of Agama Law Associates. Here is a look at some of these clauses.
Minor disputes: Govt proposes panchayat-level mediation amid huge backlog of cases
As India grapples with a significant backlog of cases across various levels of the judiciary and increasing litigation expenses, the Central Government is introducing a proposal for gram panchayat-level mediation to address minor civil and criminal disputes. This initiative draws inspiration from the successful models implemented in Bihar and Himachal Pradesh.
Bed Bugs in rented homes: Tenant or landlord’s responsibility?
Amidst Paris's battle with a substantial bed bug outbreak, experts are cautioning that London could find itself facing a similar issue. In Luton, the local council has been overwhelmed by an "alarming number" of requests for help with bed bug infestations.
Elon Musk's X Corp in another legal fight over unpaid rent, this time as plaintiff
X Corp, formerly known as Twitter and owned by Elon Musk, has filed a lawsuit against financial services company Atlas Exploration, seeking to recoup over $713,500 in allegedly unpaid rent and fees for office space in San Francisco. The lawsuit alleges breach of contract and claims that Atlas terminated the sublease agreement early without paying the owed rent and early termination fee.
Claiming HRA exemption on rent paid to spouse? New I-T regime will end this game of truth or dare.
In end June, the Income-tax Appellate Tribunal (ITAT), which is the final ‘fact-finding’ authority when it comes to tax disputes, held that an HRA deduction of Rs. 3.69 lakh, for rent paid to his wife, should be allowed. Since allowability of HRA deduction is a matter of fact, the dispute typically ends here. The aggrieved party – be it the taxpayer or the Income-tax (I-T) department can appeal to the high courts, only if the issue involves a question of law and not of fact.
Delhi govt vs LG: A long history of disputes
The AAP government has repeatedly accused Saxena of meddling in the day-to-day affairs of the Delhi government. Chief Minister Kejriwal once even alleged that the LG issued orders on "practically every" subject to the chief secretary, bypassing his government. Their strained relationship led to frequent confrontations between them over a range of issues, including the excise policy, training of teachers in Finland, free yoga classes, mohalla clinics, transfer of bureaucrats, sanctioning of funds, control over the Anti-Corruption Branch, and the extension of power subsidy to consumers.
Bengaluru rent plight: Demand for enhanced policy lost in Karnataka poll battle brouhaha
Karnataka's citizens will queue up at poll booths tomorrow to elect the next government in the southern state. While the political parties have offered freebies ranging from gas cylinders to food grains, affordable housing and real estate pricing policies remain a worry, particularly for those in Bengaluru. Calls for the adoption of The Model Tenancy Act in the poll-bound Karnataka state have seen a marked increase.
Taking a house on rent? Make sure these 11 vital clauses are included in rent agreement
Renting a place is often the go-to option for most working people to fulfil their housing needs instead of buying one straightaway. But, if certain legal safeguards are not adopted, the process could become problematic. From spelling out modalities pertaining to the security deposit to fixing tax liability, there are several aspects that require attention to detail. Here are some handy tips on the care that needs to be taken while drafting one's rent agreement with a prospective landlord.
Why rent agreements are mostly made for 11 months only?
The Section 17 of the Registration Act, 1908, states that a lease agreement for a term not exceeding one year is not mandatorily registrable. Hence, a rent agreement for less than a year can be made without getting it registered. The said option enables the parties to avoid the laborious process of getting the document registered before the office of the sub-registrar and making hefty payment towards registration charges.
Arunachal Pradesh cabinet approves Tenancy Bill to boost rental housing market
The Bill envisages striking balance on the rights of tenant and landlord and create an accountable and transparent ecosystem for renting of premises in disciplined and efficient manner. It aims to provide a speedier dispute resolution framework and is expected to give a fillip to private participation in rental housing for addressing the housing shortage across the state in different income groups.
How to solve landlord vs tenant fights in apartment staircases
Experts say the Model Tenancy Act passed by the Union Cabinet in June last year, and not yet adopted by states and union territories, is part of the solution. What is also needed is an overarching National Rent Policy which is inclusive and doesn’t allow discrimination in housing.
Apartment to get costlier to rent for corporate executives
“Furthermore, going by experience in such cases, the input tax credit (ITC) of GST on this rent paid by corporates may be disputed by the GST department arguing on the basis of Section 17(5)(g) of the CGST Act 2017 where the ITC of GST paid for any service for personal consumption is blocked," said Vivek Jalan, Partner, Tax Connect Advisory, a multi-disciplinary tax consultancy firm.
Amazon-Future dispute: SC asks whether it can pass orders restraining alienation of FRL's assets
A bench headed by Chief Justice N V Ramana, which has now posted the plea of US e-commerce major for further hearing on April 4, said the landlords of the FRL's shops are not before it and the question is if such an order restraining the alienation of assets till conclusion of arbitration can be passed.
How to prevent sale of disputed property without your knowledge or signature
A lot of foul play happens due to disputes related to property. It may happen that property is sold without your knowledge. This makes it difficult for you to get your share of the money. As per legal experts, there are two legal steps a claimant can take to protect their interest in the disputed property.
Gurgaon: Residents of NBCC’s Green View told to vacate flats by March 1
Earlier, the TCP department of Gurgaon had said that it is planning to recommend a ban on state-owned construction firm NBCC following complaints of shoddy construction and poor workmanship by buyers in a group housing project delivered by the company.
What are the rights and duties of a tenant?
Landlords attempt to counter the rights of the tenant by imposing high rents and financial guarantees in the form of 3-6 months of advance rent along with linked assurance.
Assam first state to adopt Model Tenancy Act, says Housing secretary
In the first week of June, the Union Cabinet, chaired by the Prime Minister Narendra Modi has approved the Model Tenancy Act for circulation to all States / Union Territories for adaptation by way of enacting fresh legislation or amending existing rental laws suitably.
Assam to introduce rent authority to protect landlords, tenants
Assam Urban Areas Rent Control Act, 1972, stands repealed with the enactment of this new Assam Tenancy Act 2021, thereby making the State first in the Country to establish a rent authority to regulate renting of premises and to protect the interest of landlords and tenants.
Model Tenancy Act to help improve Indian rental market’s return metrics
According to ratings agency ICRA, with such measures, the successful roll-out of the MTA is expected to have a positive impact on market functioning by creating a balanced legal framework, which would improve transparency and protect the interests of all key stakeholders.
Rent Courts, Fix Security Deposits: India gears up to implement rental housing policy
The implementation of these proposals may not be so simple since the Act is not binding on the states as land and urban development remain state subjects. States and UTs can choose to repeal or amend their existing Acts. Like with RERA, states may choose not to follow guidelines, diluting the essence of the Model Act.
Rent disputes with individual property owners are triggering large number of exits
In a similar incident, a Delhi court had to intervene when Japanese retailer Miniso failed to pay dues and was dragged to court by the landlord, according to a report.
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