For which of the following document registration is optional? (1) Instruments acknowledging the receipt or payment of any consideration on account of the creation, declaration, assignment, limitation or extinction of any such right, title or interest (2) Leases of immovable property for any term not exceeding one year (3) Sanads, inam, title-deeds and other documents purporting to be or to evidence grants or assignments by government of land or of any interest in land
Explanation:
Section 18(c) of the Registration Act, 1908 makes leases of immovable property for any term not exceeding one year optional for registration. Instruments described in (1) are generally compulsory if the value is Rs. 100 or more (Section 17(1)(b)). Documents described in (3) (grants by government) are exempted from registration under Section 90(1)(d), meaning they don't need to be registered at all, rather than being merely optional.