Under the Transfer of Property Act, 1882, a lease of immovable property for agricultural or…
Under s.106 Transfer of Property Act, a lease of immovable property for agricultural or manufacturing purposes is, absent a contrary contract or local law/usage, terminable…
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Under the Transfer of Property Act, 1882, a lease of immovable property for agricultural or manufacturing purposes shall be terminable on the part of either lessor or lessee by notice of
Answer and explanation
Correct answer B
Under s.106 Transfer of Property Act, a lease of immovable property for agricultural or manufacturing purposes is, absent a contrary contract or local law/usage, terminable by either lessor or lessee by six months' notice, i.e. 180 days, not 90 days, 30 days, or 15 days.
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