Correct option is B
Section 106 of the Transfer of Property Act, 1882, was amended in 2002. The amendment clarified the notice period required for the termination of lease agreements and aligned it with modern legal requirements for landlord-tenant relations.
Information Booster: Section 106 of the Transfer of Property Act, 1882 deals with the duration of leases and the notice required for their termination. The amendment in 2002 made significant changes to the notice period, mandating that for monthly tenancies, a 15-day notice period is required, and for yearly tenancies, a six-month notice period is required. This change brought more clarity and structure to the lease termination process.
Additional Knowledge:
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(a) Section 100: This section deals with charges. It was not amended in 2002.
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(c) Section 108: Section 108 covers the rights and liabilities of lessors and lessees. It was not amended in 2002.
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(d) Section 110: This section explains the duration of leases, particularly how time is computed. No amendment was made to this section in 2002.
