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          Lease definition clarifies transfer of right to enjoy immoveable property for fixed time in exchange for consideration. A lease is a transfer of a right to enjoy immoveable property for a certain time or in perpetuity in consideration of a price paid or promised, periodic payments, a share of crops, service or other thing of value, with the transferee accepting the transfer on the terms specified.
                            Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                              Provisions expressly mentioned in the judgment/order text.

                                  Lease definition clarifies transfer of right to enjoy immoveable property for fixed time in exchange for consideration.

                                  A lease is a transfer of a right to enjoy immoveable property for a certain time or in perpetuity in consideration of a price paid or promised, periodic payments, a share of crops, service or other thing of value, with the transferee accepting the transfer on the terms specified.


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