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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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