Section 109 of TPA : Section 109: Rights Of Lessor?S Transferee

TPA

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Explanation using Example

Imagine Rita leases a commercial space from Dan for her bakery. The lease agreement states that Rita will pay monthly rent for a period of 5 years. Two years into the lease, Dan decides to sell the property to Vicky. According to Section 109 of the Transfer of Property Act, 1882, Vicky, the new owner, steps into Dan's shoes regarding the lease agreement with Rita. T...

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