A lease of immovable property from year to year or exceeding one year can be made:
Verified Answer
A. Only before Notary
B. Valid if executed before Magistrate
C. Agreements made by parties will be effective
D. Only by a registered instrument
Explanation:
Section 107 of the Transfer of Property Act, 1882, states that a lease of immovable property from year to year, or for any term exceeding one year, or reserving a yearly rent, can be made only by a registered instrument.