Abstract

For money, commodities, services, or other recompense, immovable property can be leased out so that the lessee can use it for a certain length of time. Analyzing a lease in light of the Transfer of Property Act, 1882 entails looking at the fine print to ascertain who is responsible for what, if there are any restrictions on the use of the property, how long the lease is for, and so on. The Act specifies the rights and responsibilities of the lessor and lessee, as well as the lease's tenure, termination, and the penalty for breach. The original intent behind the formation of the Transfer of Property Act in 1882 was to provide uniform guidelines for the conveyance of property. It lays out the rules for transferring property and all the factors involved in a clear and concise manner. The unified and systematic regulation for the transfer of immovable property between persons that the Transfer of Property Act of India provides has been tremendously helpful to Indian citizens. This study analyses the lease in light of the TPA and explains its main provisions. The paper also details the opportunities and challenges of enforcing the specified law.

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