Amendment status not verified — confirm the current text below against the official source.
Leasees how made A lease of immoveable 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. 3[All other leases of immoveable property may be made either by a registered instrument or by oral agreement accompanied by delivery of possession. 4[Where a lease of immoveable property is made by a registered instrument, such instrument or, where there are more instruments than one, each such instrument shall be executed by both the lessor and the lessee:] Provided that the State Government may 5[***] from time to time, by notification in the Official Gazette, direct that leases of immoveable property, other than leases from year to year, or for any term exceeding one year, or reserving a yearly rent, or any class of such 1 Subs. by Act 20 of 1929, sec. 54, for “tendered or delivered either personally to the party who is intended to be bound by it”. 2 As to limitation to the territorial operation of section 107, see sec. 1, supra, section 107 extends to every cantonment; see section 287 of the Cantonments Act, 1924 (2 of 1924). 3 Subs. by Act 6 of 1904, sec. 5, for the original paragraph. 4 Subs. by Act 6 of 1904, sec. 5, for the original paragraph. 5 The words “with the previous sanction of the Governor General in Council” omitted by the A.O. 1937. 45 leases, may be made by unregistered instrument or by oral agreement without delivery of possession.]