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    Question

    Which of the following transfers of interest transfers

    only “right to enjoy” the property?
    A Mortgage Correct Answer Incorrect Answer
    B Pledge Correct Answer Incorrect Answer
    C Charge Correct Answer Incorrect Answer
    D Sale Correct Answer Incorrect Answer
    E Lease Correct Answer Incorrect Answer

    Solution

    As per s.105 of TP Act, 1882. S. 105. Lease defined.—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.

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