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    Question

    In case of a lease having yearly

    rent,:
    A Shall be made by a Registered instrument Correct Answer Incorrect Answer
    B Shall be made by registered instrument only if it is for an immovable property. Correct Answer Incorrect Answer
    C Can be made orally also. Correct Answer Incorrect Answer
    D Cannot be renewed orally. Correct Answer Incorrect Answer

    Solution

    As per S.107. Leases how made.— A lease of immoveable 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. All other leases of immoveable property may be made either by a registered instrument or by oral agreement accompanied by delivery of possession.

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