Multiple choice

A lease of immoveable property from year to year is terminable on the part of either lessor or lessee, by

  1. one month

  2. six months

  3. three months

  4. sixty days notice expiring with the end of a year of the tenancy.
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B Correct answer
Explanation

As per section 106 of Transfer of Property Act, 1882, a lease of immovable property for agricultural or manufacturing purposes shall be deemed to be a lease from year to year, terminable, on the part of either lessor or lessee, by six months' notice expiring with the end of a year of the tenancy.

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