Residential Properties Bill accepted by Parliament
15 Apr 2010, 5:56 PM
Laura Restrepo Ortega
The Residential Properties Bill intended to regulate the housing rental industry has been accepted by Parliament.
Independent MP for Kulhudhuffushi-South, Mohamed Nasheed originally presented the bill to the Parliament in November 2009, which aims to protect the rights of both tenants and landlords. It has been in the queue system since.
The bill was widely based upon the Residential Tenancies Act (1987) of New South Wales, Australia, and proposes the creation of a tenancy deposit scheme, with deposits made at the start of a tenancy to be held by the government rather than individual landlords.
There would be a limit on how much the deposit could be and tenants would have the right to appeal if they believe they are not getting a fair rental price.
Become a member
Get full access to our archive and personalise your experience.
Already a member?
Discussion
No comments yet. Be the first to share your thoughts!
No comments yet. Be the first to join the conversation!
Join the Conversation
Sign in to share your thoughts under an alias and take part in the discussion. Independent journalism thrives on open, respectful debate — your voice matters.
