Question

Following is untrue about a lease

• A. There should be a transfer of a right to enjoy an immovable property for a certain term or in perpetuity.
• B. The transfer should be in consideration of a premium or rent.
• C. The lessee is not required to be competent to contract.
• D. The transfer should be a bilateral transaction, the transferee accepting the terms of transfer.

Answer 1

The Correct Option is C

The correct option is (C): The lessee is not required to be competent to contract..