Under the Transfer of Property Act, 1882, a lease of immovable property from year to year is…
Under section 106 of the Transfer of Property Act, 1882, in the absence of a contract or local law or usage to the contrary, a lease of immovable property for agricultural…
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Under the Transfer of Property Act, 1882, a lease of immovable property from year to year is terminable, on the part of either lessor or lessee, by how much notice?
Answer and explanation
Correct answer B
Under section 106 of the Transfer of Property Act, 1882, in the absence of a contract or local law or usage to the contrary, a lease of immovable property for agricultural or manufacturing purposes is deemed to be a lease from year to year, terminable on the part of either lessor or lessee by six months' notice. The question specifies the year-to-year category.
Since the Transfer of Property (Amendment) Act, 2002 (Act 3 of 2003), the notice need no longer expire with the end of a year of the tenancy: the period runs from the date of receipt of the notice, and a notice is not invalid merely because its period falls short where the suit or proceeding is filed after the statutory period has expired.
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