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      Question

      Where lease omits to mention at whose option it is

      terminable, the lease will be ________
      A Not a valid lease Correct Answer Incorrect Answer
      B Terminable by lessor before expiration Correct Answer Incorrect Answer
      C Terminable by lessee before expiration Correct Answer Incorrect Answer
      D Not terminable before expiration Correct Answer Incorrect Answer

      Solution

      As provided under s.110 of the TP Act – 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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