Legislative Dictionary - L

Judicial Dictionary


Legislative Dictionary


Lease from month to month, from year to year

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CategoryL
TitleLease from month to month, from year to year
Details

In the absence of a contract or local law or usage to the contrary, a lease of immoveable property for agricultural or manufacturing purposes shall be deemed to be a lease from year to year, terminable, on the part of either lessor or lessee, by six months' notice expiring with the end of a year of the tenancy; and a lease of immoveable property for any other purpose shall be deemed to be a lease from month to month, terminable, on the part of either lessor or lessee, by fifteen days' notice expiring with the end of a month of the tenancy.

[See, section 106, the Transfer of Property Act, 1882 (Act No. IV of 1882)].
Created OnSeptember 18, 2011, 7:07 AM
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