In the absence of a contract or local law or usage to the contrary, what duration of a lease of…
Under Section 106(1) of the Transfer of Property Act, 1882, in the absence of a contract or local law or usage to the contrary, a lease of immovable property for any purpose…
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In the absence of a contract or local law or usage to the contrary, what duration of a lease of immovable property for residental purposes shall deemed to be a lease ?
Answer and explanation
Correct answer A
Under Section 106(1) of the Transfer of Property Act, 1882, in the absence of a contract or local law or usage to the contrary, a lease of immovable property for any purpose other than agricultural or manufacturing purposes (such as residential purposes) shall be deemed to be a lease 'from month to month', terminable by 15 days' notice.
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