Under Section 107 of the Transfer of Property Act, 1882, a lease of immovable property from year to…

Incorrect. Under the first paragraph of Section 107 of the Transfer of Property Act, 1882, a lease from year to year or reserving a yearly rent can be made ONLY by a registered instrument, and not by an oral agreement.

Incorrect. Under the third paragraph of Section 107 of the Transfer of Property Act, 1882, where a lease of immovable property is made by a registered instrument, such instrument shall be executed by both the lessor and the lessee, not by the lessor alone.

Correct. Reading the first and third paragraphs of Section 107 of the Transfer of Property Act, 1882 together, a lease of immovable property from year to year, or for any term exceeding one year, or reserving a yearly rent, can be made only by a registered instrument executed by both the lessor and the lessee.

Incorrect. An oral agreement accompanied by delivery of possession is permissible under the second paragraph of Section 107 TPA only for 'all other leases of immovable property' (not being a lease from year to year, for a term exceeding one year, or reserving a yearly rent).