Question

    Who amongst the following shall have the option to

    determine the lease?
    A Lessee. Correct Answer Incorrect Answer
    B Lessor Correct Answer Incorrect Answer
    C Third party Correct Answer Incorrect Answer
    D A or B. Correct Answer Incorrect Answer
    E Nobody Correct Answer Incorrect Answer

    Solution

    As per S. 110 of TP Act, 1882- Option to determine lease.—Where the time so limited is expressed to be terminable before its  expiration, and the lease omits to mention at whose option it is so terminable, the lessee, and not the  lessor, shall have such option.

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