Under Section 117 of the Transfer of Property Act, 1882, the provisions of Chapter V (Of Leases of…
Section 117 of the Transfer of Property Act, 1882 exempts leases for agricultural purposes from the provisions of Chapter V of the Act, except insofar as the State…
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Under Section 117 of the Transfer of Property Act, 1882, the provisions of Chapter V (Of Leases of Immovable Property) do not apply to leases for which one of the following purposes in the absence of a State Government notification?
Answer and explanation
Correct answer A
Section 117 of the Transfer of Property Act, 1882 exempts leases for agricultural purposes from the provisions of Chapter V of the Act, except insofar as the State Government declares by notification in the Official Gazette that all or any of such provisions shall apply to them. Leases for industrial, residential, and mining purposes are governed by Chapter V.
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