Question

As per the Transfer of Property Act what is a lease of immoveable property, and what are the terms used for the parties involved?

A It is a transfer of ownership, and the parties are called transferor and transferee
B It is a temporary possession agreement, and the parties are called lessor and lessee
C It is a perpetual transfer of property, and the parties are called landlord and tenant
D It is a right to enjoy property for a certain time, and the parties are called lessor and lessee
E It is a sharecropping arrangement, and the parties are called owner and occupant
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