Under Transfer of Property Act, in the absence of a Contract or Local Law, monthly lease is terminable
Under Section 106 of the Transfer of Property Act, 1882, as amended in 2002, a lease from month to month is, in the absence of a contract or local law to the contrary,…
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Under Transfer of Property Act, in the absence of a Contract or Local Law, monthly lease is terminable
Answer and explanation
Correct answer A
Under Section 106 of the Transfer of Property Act, 1882, as amended in 2002, a lease from month to month is, in the absence of a contract or local law to the contrary, terminable by either party "By 15 days' notice".
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