Conditions of the Property Given On Lease
Issue No.1858- The following conditions should be acquired in the property given on lease:1) It should be specified. Hence, if a person says, “I give one of my houses or one of my cars on lease,” it is not in order.2) The person taking the property on lease should see it, or the owner should describe its features completely.3) It should be possible to deliver it. Hence, leasing out a horse which has run away that the hirer cannot get hold of will be void.4) The property should not perish or be consumed through its utilisation. Hence, it is not correct to give bread or fruits on lease.5) It should be possible to utilise the property for the purpose for which it has been given on lease. Hence, it is void to give a land on lease for farming, which cannot be cultivated or does not have sufficient water for irrigation.6) The item which a person gives on lease should be his own property or he should have authority on behalf of its owner in leasing it out.
