Under section 107 of the Transfer of Property Act, 1882, what form is required for a lease of immovable…
The first paragraph of section 107 requires a registered instrument for these three categories. The oral-agreement route, when paired with delivery of possession, applies to…
Choose your answer
Under section 107 of the Transfer of Property Act, 1882, what form is required for a lease of immovable property from year to year, for a term exceeding one year, or reserving yearly rent?
Answer and explanation
Correct answer C
The first paragraph of section 107 requires a registered instrument for these three categories. The oral-agreement route, when paired with delivery of possession, applies to other leases under the general rule.
Option feedback
Option A
The oral-agreement route with delivery of possession is available for other leases under the general rule.
Option B
Both signatures do not substitute for the required registration.
Option C
Section 107 requires a registered instrument for each of the listed lease categories.
Option D
Writing alone does not satisfy the registration requirement.
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