The lease of immovable property for more than one year or year to year is:—
Under Section 107 of the Transfer of Property Act, a lease from year to year or for a term exceeding one year "it is made only by a registered instrument"; notarial…
Choose your answer
The lease of immovable property for more than one year or year to year is:—
Answer and explanation
Correct answer D
Under Section 107 of the Transfer of Property Act, a lease from year to year or for a term exceeding one year "it is made only by a registered instrument"; notarial verification or execution before a Magistrate does not suffice.
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