Law · Transfer of Property Act
Identify the incorrect statement with respect to Section 107 of the Transfer of Property Act, 1882:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1None of the statements above is incorrect.
- 2Where a lease of immovable property is made by a registered instrument, it shall be executed by the lessor or the lessee.✓
- 3All other leases of immovable property may be made either by a registered instrument or by oral agreement accompanied by delivery of possession.
- 4A lease of immovable property from year to year, or for any term exceeding one year, or reserving a yearly rent, can be made only by a registered instrument.
Correct answer
Where a lease of immovable property is made by a registered instrument, it shall be executed by the lessor or the lessee.
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