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This document summarizes key sections of Indian lease law: Section 105 defines a lease as the transfer of the right to enjoy an asset for a certain period in exchange for payment. A lease involves a lessor, lessee, duration of the lease, and consideration such as rent. Section 108 lays out the default rights and liabilities of lessors and lessees in the absence of a contract, including the lessee
- Author
- Tshewang Dema
- Language
- EN