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Under section 107 of the Transfer of Property Act, 1882, how can a non-agricultural lease of immovable…

The first paragraph of section 107 requires a registered instrument for a lease exceeding one year. The second paragraph permits oral agreement accompanied by delivery of…

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Under section 107 of the Transfer of Property Act, 1882, how can a non-agricultural lease of immovable property for a term exceeding one year be made?

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Answer and explanation

Correct answer A

The first paragraph of section 107 requires a registered instrument for a lease exceeding one year.

The second paragraph permits oral agreement accompanied by delivery of possession for other leases, subject to the statute. Section 117 separately addresses agricultural leases.

Authority. Transfer of Property Act, 1882, sections 107 and 117.

Option feedback

Option A

The first paragraph of section 107 requires a registered instrument for a lease exceeding one year.

Option B

An oral agreement alone cannot create the stated fixed-term lease.

Option C

The oral agreement with delivery route in the second paragraph is for other leases. It does not create the term stated here.

Option D

The oral route is unavailable for a lease exceeding one year, even though a registered instrument is a valid route.

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