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As the case may be

Sobramaniam Sharmugham v. M. L. Rajendras, AIR 1987 SC 2166 (2167): (1987) 4 SCC 215. [T. N. Buildings Lease and Rent Control) Act, (18 of 1960) s. 10(3)(c)]

assignment

: an assignment by one taxpayer to another of income for the purpose of avoiding taxes assignment of lease : an assignment by a tenant of all of his or her remaining rights in a property under

Complete destruction

of the destruction. If the destruction of the premises is complete - nothing remaining, the subject-matter or thing leased no longer existing then the liability of the tenant for rent ceases or extinguishes. ... Thus, it has

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Covenant

expressions or arise out of the nature of the transaction. In a conveyance by deed of real or leasehold property certain qualified covenants for title, quiet enjoyment and further assurance are implied if the person conveying is

Fire

for every such offence to a penalty not exceeding 20l. If, after a contract for the sale or lease of a house, etc., the house, etc., be burnt down, the loss falls on the intending purchaser or

Extension and renewal

be extended. The distinction between 'extension' and 'renewal' is chiefly that in the case of 'renewal', a new lease is required, while in the case of 'extension' the same lease continues in force during additional period by

Extend

In other words, the word 'extension' when used in its proper and usual sense in connection with a lease means a prolongation of the lease, Provash Chandra Dalui v. Biswanath Banerjee, 1989 Supp (1) SCC 487: AIR

Export value

Export value, in relation to export by way of lease or hire-purchase or under any other similar arrangement, includes the charges, by whatever name called, payable in respect

Encumbrance

7th Edn., p. 547. Encumbrance, has to be read in the sense of a legal encumbrance like a lease or a mortgage and a mere trespasser cannot be elevated to the position of an encumbrance in the

Destruction of buildings

H. W. R. Wade in The Law of Real Property as under: Destruction of buildings.--If there is a lease of land and buildings, the destruction of the buildings does not affect the continuance of the lease, so

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