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In view of Section 105 of the Transfer of Property Act, 1882 a lease of immovable property is a…

Section 105 defines a lease as transfer of the right to enjoy immovable property for a certain time, express or implied, or in perpetuity, for the specified consideration.…

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In view of Section 105 of the Transfer of Property Act, 1882 a lease of immovable property is a transfer of:

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Section 105 defines a lease as transfer of the right to enjoy immovable property for a certain time, express or implied, or in perpetuity, for the specified consideration. It does not transfer ownership as a sale does. Security for an advance describes a mortgage, while a voluntary transfer without consideration describes a gift.

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