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    • Question

      According to Section 105 of the Transfer of Property

      Act, a lease is: 
      A A transfer of ownership for a period of time Correct Answer Incorrect Answer
      B A grant of a temporary possession without rent Correct Answer Incorrect Answer
      C A transfer of a right to enjoy immovable property for a certain time for periodic rent or consideration Correct Answer Incorrect Answer
      D A gratuitous transfer of rights in immovable property Correct Answer Incorrect Answer
      E Only valid if executed by registered deed Correct Answer Incorrect Answer

      Solution

      Section 105 defines lease as transfer of a right to enjoy immovable property for a specific term, in consideration of a price, typically rent or other periodic payment.

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