Rohit (student) 06 July 2010
Would this be a valid lease?
which section of the TPA would govern the following situation
If suppose A entered in to an indenture of lease with B for Property x and Property Y.
He has the title to Property x but not to Property Y.
A mentions in the indenture of lease that he will acquire Property Y and then provide it ....
What is the legal situation? and which section of the TPA would be govern such a situation... kindly reply at the earliesT!
Rohit (student) 06 July 2010
Hence can futurisitc propoerty be a subject matter of a lease or can futuristic property be a subject matter of a valid transfer as per the the TPA?
Deekshitulu.V.S.R (B.Sc, B.L) 06 July 2010
Mr Rohit
All types of leases are governed under Sec.104 to 108 of T.P.Act.
A lease can be for an existing property. In case of property to be acquired later, there can be an agreement to let or lease. In the later case, the premiss will be delivered at a later date(that is on acuquisition of property or after completing some formalities)
Rohit (student) 06 July 2010
can u please gimme the provision which says that THERE CAN BE AN AGREEMENT T LEASE PROPERTY WHICH IS TO BE ACQUIRED LATER. .. or a case law...
my boss is kicking my ass.. so please reply ppl at the earliest....
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