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Section 105: Lease defined.

The Transfer of Property Act, 1882Central Act · Act 4 of 1882

A lease of immoveable property is a transfer of a right to enjoy such property, made for a certain time, express or implied, or in perpetuity, in consideration of a price paid or promised, or of money, a share of crops, service or any other thing of value, to be rendered periodically or on specified occasions to the transferor by the transferee, who accepts the transfer on such terms.

Lessor, lessee, premium and rent defined.-- The transferor is called the lessor, the transferee is called the lessee, the price is called the premium, and the money, share, service or other thing to be so rendered is called the rent.

Where this provision sits

ActThe Transfer of Property Act, 1882
Section105
Marginal noteLease defined.
JurisdictionCentral
StatusIn force as published by the source
Judgments citing it6

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