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Under section 107 of the Transfer of Property Act, 1882, how must a non-agricultural lease from year to…

A lease from year to year, for a term exceeding one year, or reserving yearly rent requires a registered instrument under section 107. Mere notarisation, attestation or an…

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Under section 107 of the Transfer of Property Act, 1882, how must a non-agricultural lease from year to year, or for a term exceeding one year, be made? Assume no special statutory exemption applies.

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Answer and explanation

Correct answer D

A lease from year to year, for a term exceeding one year, or reserving yearly rent requires a registered instrument under section 107. Mere notarisation, attestation or an unregistered agreement is insufficient. The stated scope avoids the agricultural-lease exclusion in section 117.

Option feedback

Option A

Notarisation alone is insufficient.

Option B

Magistrate attestation alone is insufficient.

Option C

A mere unregistered agreement does not create this specified lease under section 107.

Option D

Section 107 requires the registered instrument.

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