In view of Section 105 of the Transfer of Property Act, 1882 a lease of immovable property is a transfer of:

1
A right to enjoy such property in consideration of a price paid or promised or of money, a share of crops, service or any other thing of value
2
An interest in specific immovable property for securing the payment of money advanced
3
Ownership in consideration of price paid or promised
4
Certain immovable property, made voluntarily and without consideration.

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