Tamil Nadu Buildings (Lease and Rent Control) Act, 1960 explained

Tamil Nadu Buildings (Lease and Rent Control) Act, 1960 is act of Government of Tamil Nadu. Tamil Nadu, a state in India, has an exclusive Rent Control Act where the state government has the exclusive jurisdiction to legislate on the subject.^{[1] [2]}

Provisions

• For Residential building, Annual rent can be 6 to 9 per cent of total cost of the building at the time construction.
• For Non Residential building, Annual rent 9 to 12 per cent of total cost of the building at the time construction.
• Maintenance charges can be 10 per cent of the rent.
• Tenant need not pay the owner for property tax.
• Additional 15% rent for a furnished house.

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See also

• Tamil Nadu Government Laws & Rules
• Jural relationship

Notes and References

1. Web site: Rental laws and gains . Business Line . 4 June 2006 . 23 September 2011.
2. Web site: Protection against unreasonable eviction . https://web.archive.org/web/20040628180616/http://www.hindu.com/pp/2004/05/29/stories/2004052900090300.htm . dead . 28 June 2004 . 29 May 2004 . . 23 September 2011.
3. News: Tamil Nadu Government Laws & Rules. tn.gov.in. 13 December 2014.