Question
Legal Studies Question on Property Law
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
The lessee is not required to be competent to contract.
Explanation
Solution
The correct option is (C): The lessee is not required to be competent to contract..