Document background
The Rent Review Notice is a crucial document in Indian property law that formally initiates the process of reviewing and potentially modifying the rent for a leased property. It is typically used when a rent review date approaches as specified in the original lease agreement, or when permitted by applicable state rent control laws. The notice must comply with both central laws like the Transfer of Property Act, 1882, and state-specific rent control regulations, which can vary significantly across different Indian states. The document serves to notify the tenant of the proposed rent changes, provide justification for the revision (such as market rates or index-linked increases), and specify the timeline for the new rent to take effect. It forms the basis for subsequent negotiations between the parties and may be referred to in any dispute resolution proceedings.
