Under Section 118 of Transfer of Property Act, 1882 which one of the given options fall under the…

Section 118 of the Transfer of Property Act defines exchange: "when two persons mutually transfer the ownership of one thing for the ownership of another, neither thing or both things being money only". Giving a house in return for the ownership of agricultural land is therefore an exchange.

Transfer of ownership for a price is a sale under section 54, transfer without consideration is a gift under section 122, and transfer of possession for money is a lease under section 105.