Under the Transfer of Property Act, 1882, which one of the following transfers can be made orally?
A surrender of a lease can be made orally, unlike a lease from year to year, an exchange of immovable property exceeding one hundred rupees, or a simple mortgage of that…
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Under the Transfer of Property Act, 1882, which one of the following transfers can be made orally?
Answer and explanation
Correct answer B
A surrender of a lease can be made orally, unlike a lease from year to year, an exchange of immovable property exceeding one hundred rupees, or a simple mortgage of that value, each of which the Act requires to be effected by a registered instrument.
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