Multiple choice

The lease for agricultural and manufacturing purposes is deemed to be a lease from year to year and it can be terminated by giving ______ notice.

  1. 2 month

  2. 3 month

  3. 6 month

  4. 12 month

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Section 106 of the Transfer of Property Act 1882 deals with the duration of leases and states that in the absence of a contract, or local law or usage to the contrary, 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 month notice and a lease of immovable property for any other purpose shall be deemed to be lease from month to month, terminable, on the part of either lessor or lessee by 15 day notice.