17.
is the rent fixed under Rent control Act.
(A) Municipal rental value
(B) Fair rental value
(C) Standard rent
(D) Real rent
Answers
Answer:
10 per cent
According to the Karnataka Rent Control Act 2001, standard rent in relation to any premises shall be the rent calculated on the basis of 10 per cent of the aggregate of the actual cost of construction of the premises and the price of the land on the date of commencement of the construction.
Explanation:
optin a is the correcct answer
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Answer:
The correct answer to the question is Option (C) Standard rent.
Explanation:
Rent is the payment made by the occupant to the owner of the property for occupying his/her property. If we own property and provide it on rent or you are a person who stays in a rental property then we should know about what is standard rent.
Standard rent meaning
In India, under the Rent control act, the property owners can not charge the rent amount set by the rent control act. The rent act applies to the properties such as residence, education, business, trades, storage, etc.
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