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S. 105. Lease defined.— A lease of immoveable property is a transfer of a right to enjoy such property, made for a certain time, express or implied, or in perpetuity, in consideration of a price paid or promised, or of money, a share of crops, service or any other thing of value, to be rendered periodically or on specified occasions to the transferor by the transferee, who accepts the transfer on such terms. Lessor, lessee, premium and rent defined .—The transferor is called the lessor, the transferee is called the lessee, the price is called the premium, and the money, share, service or other thing to be so rendered is called the rent.
Who has made history by becoming the Indian Navy's first female helicopter pilot, receiving the coveted 'Golden Wings' award?
What is the name of the first corporate credit card on the RuPay network launched by IndusInd Bank?
The government raises around _______ from the 5.36% stake sale in Rail Vikas Nigam Ltd (RVNL) through a two-day offer for sale (OFS).
France has recently announced a ban on children wearing the Abaya, a loose-fitting, full-length robe, in state-run schools. What is the primary reason c...
Where are the headquarters of the International Energy Agency?
When is Army Day celebrated in India to commemorate the valor of its soldiers?
Vaishali Ramesh Babu achieved which milestone in her chess career?
The Mumbai-based realtor Suraksha Realty is acquiring Jaypee Infratech for a consideration of _____.
According to the latest data released by the Reserve Bank of India (RBI), credit card spending hit Rs 1.4 trillion in May for the first time.Which bank ...