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Under the central rule in section 107 of the Transfer of Property Act, 1882, how must an ordinary lease…

The first paragraph of section 107 requires a registered instrument for a year-to-year lease or a lease for a term exceeding one year. Registration is a required formality…

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Under the central rule in section 107 of the Transfer of Property Act, 1882, how must an ordinary lease of non-agricultural immovable property from year to year or for a term exceeding one year be made?

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Answer and explanation

Correct answer D

The first paragraph of section 107 requires a registered instrument for a year-to-year lease or a lease for a term exceeding one year. Registration is a required formality for the instrument.

Option feedback

Option A

Notarial attestation does not substitute for the required registered instrument.

Option B

Execution before a Magistrate does not substitute for registration.

Option C

The oral-agreement route does not create the specified lease under the first paragraph of section 107.

Option D

The first paragraph of section 107 expressly requires a registered instrument for either stated duration.

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