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Section 64 – Transfer of Property Act 1882

Transfer of Property Act 1882

 

64. Renewal of mortgaged lease.—

 

Where the mortgaged property is a lease 1[***], and the mortgagee obtains a renewal of the lease, the mortgagor, upon redemption, shall, in the absence of a contract by him to the contrary, have the benefit of the new lease.

 

———————-

1. The words “for a term of years” omitted by Act 20 of 1929, sec. 28.

 

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Transfer of Property Act 1882

 

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