Under section 106(1) of the Transfer of Property Act, 1882, what is the standard notice period to…
In the absence of a contrary contract, local law or usage, section 106(1) deems a lease for a purpose other than agriculture or manufacturing to be month to month. Either…
Choose your answer
Under section 106(1) of the Transfer of Property Act, 1882, what is the standard notice period to terminate a lease of immovable property for a purpose other than agriculture or manufacturing, in the absence of a contrary contract, local law or usage?
Answer and explanation
Correct answer C
In the absence of a contrary contract, local law or usage, section 106(1) deems a lease for a purpose other than agriculture or manufacturing to be month to month. Either party may terminate it by 15 days’ notice.
Section 106(2) measures the period from receipt of the notice.
Option feedback
Option A
Section 106(1) does not prescribe 30 days for this deemed month-to-month lease.
Option B
Section 106(1) does not prescribe 60 days for this deemed month-to-month lease.
Option C
The default notice period for a lease for another purpose is 15 days.
Option D
The 90-day period is not the measure set by section 106(1) for this class of lease.
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