Where lease omits to mention at whose option it is

Q: Answer-Where lease omits to mention at whose option it is terminable, the lease will be ________

As provided under s.110 of the TP Act Option to determine leaseWhere the time so limited is expressed to be terminable before its expiration, and the lease omits to mention at whose option it is so terminable, the lessee, and not the lessor, shall have such option

terminable, the lease will be ________

A Not a valid lease Correct Answer Incorrect Answer

B Terminable by lessor before expiration Correct Answer Incorrect Answer

C Terminable by lessee before expiration Correct Answer Incorrect Answer

D Not terminable before expiration Correct Answer Incorrect Answer

Solution

As provided under s.110 of the TP Act – Option to determine lease—Where the time so limited is expressed to be terminable before its expiration, and the lease omits to mention at whose option it is so terminable, the lessee, and not the lessor, shall have such option

Practice Next

Relevant for Exams:

CBI APP and PP

Thank You for posting your query. Please check your email for further guidance

Please Register/Login to Download Question