New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Following statements depict?   I.  by efflux

    of the time limited thereby: II where such time is limited conditionally on the happening of some event—by the happening  of such event: III.where the interest of the lessor in the property terminates on, or his power to dispose of  the same extends only to, the happening of any event—by the happening of such event:
    A Modes of surrender of lease. Correct Answer Incorrect Answer
    B Lessee determination modes Correct Answer Incorrect Answer
    C Lease transfer Correct Answer Incorrect Answer
    D Methods of mortgage Correct Answer Incorrect Answer
    E Sale of lease Correct Answer Incorrect Answer

    Solution

    111. Determination of lease.—A lease of immoveable property determines— (a) by efflux of the time limited thereby:               (b) where such time is limited conditionally on the happening of some event—by the happening of such event: (c) where the interest of the lessor in the property terminates on, or his power to dispose of the same extends only to, the happening of any event—by the happening of such event

    Practice Next