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Supreme Court of India
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Civil Law
Bare Acts
The Transfer of Property Act, 1872
Section 97-137
Section 100
Section 105
Section 107
Section 118
Section 121
Section 122
Section 127
Section 128
Section 134
Section 105- Lease defined

A lease of immovable 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.

     
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