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Where the time limit of a lease is of a year or number of years, which is expressed to be determinable…

TPA section 110 expressly gives the lessee the early-determination option when a lease for a year or years is expressed to be determinable before expiry but does not name…

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Where the time limit of a lease is of a year or number of years, which is expressed to be determinable before its expiration, and the lease omits to mention at whose option it is so terminable, who shall have such option?
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Correct answer A

TPA section 110 expressly gives the lessee the early-determination option when a lease for a year or years is expressed to be determinable before expiry but does not name whose option it is. It is not automatically the lessor’s or a separate transferor’s option.

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