Define 'Lease' under the Indian Stamp Act, 1889.

CS Executive · Jurisprudence, Interpretation and General Laws · PYQS · December 2018
Define 'Lease' under the Indian Stamp Act, 1889.

Answer & Explanation:

According to Section 2(16) Indian Stamp Act, 1889. " Lease " means a lease of immovable property and includes also: a patta; a kabuliyat or other undertaking in writing, not being a counterpart of a lease to cultivate, occupy or pay or deliver rent for, immovable property; any instrument by which tolls of any description are let; any writing on an application for a lease intended to signify that the application is granted.

Topics: Indian Stamp Act, 1889

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