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Under the general rule in section 107 of the Transfer of Property Act, 1882 and section 17(1)(d) of the…

The general rule requires registration for a lease from year to year, a term exceeding one year, or a reservation of yearly rent. A fixed one-year lease reserving monthly…

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Under the general rule in section 107 of the Transfer of Property Act, 1882 and section 17(1)(d) of the Registration Act, 1908, which lease does not require registration?

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Answer and explanation

Correct answer B

The general rule requires registration for a lease from year to year, a term exceeding one year, or a reservation of yearly rent.

A fixed one-year lease reserving monthly rent only meets none of those tests.

Option feedback

Option A

A year-to-year tenancy is expressly covered.

Option B

A fixed term of exactly one year does not exceed one year, and the lease neither runs from year to year nor reserves yearly rent.

Option C

A reservation of yearly rent is a separate trigger even when the term does not exceed one year.

Option D

Eighteen months exceeds one year.

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