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      Question

      Assertion: Lease for a term exceeding one year can be

      made with or without a registered instrument. Reason: S.107 specifies how leases are made
      A A is false, R is true and not correct explanation of A Correct Answer Incorrect Answer
      B A is true, R is true and correct explanation of A. Correct Answer Incorrect Answer
      C A is false, R is false and not correct explanation of A Correct Answer Incorrect Answer
      D A is true, R is false and not correct explanation of A Correct Answer Incorrect Answer

      Solution

      A lease for a term exceeding one year can be carried out only with a registered instrument, this is provided under s.107 of the Transfer of Property Act which prescribes how leases are made

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