Multiple choice

A lease of immovable property from year to year or exceeding one year can be made

  1. only before Notary

  2. valid if executed before the magistrate

  3. effective if agreement is made by the parties

  4. only by a registered instrument
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

As per Section 107 of the Transfer of Property Act, 1882, a lease of immovable property from year to year or for any term exceeding one year or reserving a yearly rent can be made only by a registered instrument.

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