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    Question

    Which of the following is NOT an obligation of the

    lessee under the Transfer of Property Act?┬а
    A Pay rent or agreed consideration Correct Answer Incorrect Answer
    B Maintain possession in a responsible manner Correct Answer Incorrect Answer
    C Transfer ownership rights to third parties Correct Answer Incorrect Answer
    D Accept terms of lease regarding duration and renewals Correct Answer Incorrect Answer
    E Use property for agreed purposes Correct Answer Incorrect Answer

    Solution

    Under a lease, ownership is not transferred to the lessee; only possession and use rights are transferred. The lessee cannot transfer ownership.

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