New Delhi, Dec. 3 -- The new rental laws, which are based on the 'Model Tenancy Act, 2021, have a lot of features that benefit tenants besides making it totally formal. For instance, every tenancy must have a digitally stamped and online-registered agreement filed within two months of signing the agreement.

While a residential security deposit cannot exceed two months' rent, landlords must give a minimum of 24-hour written prior notice before entering or inspecting their rented property. Several major states, including Tamil Nadu and Uttar Pradesh, have revised their tenancy laws along the lines of the Act. Here is a guide on the new rental laws.

"The security deposit to be paid by the tenant in advance shall be such as may be agreed up...