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of <h1>Lease transfers right to enjoy immovable property for specified period under Section 105 Transfer of Property Act 1882</h1> A lease involves transferring the right to enjoy immovable property for a specified period in exchange for consideration. Under Section 105 of the Transfer of Property Act 1882, a lease transfers the right to enjoy immovable property for a certain time, whether express, implied, or perpetual, in consideration of payment, money, crop share, service, or other valuable consideration rendered periodically or on specified occasions by the transferee to the transferor who accepts the transfer under such terms.
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