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Section 71 – Transfer of Property Act 1882

Transfer of Property Act 1882

 

71. Renewal of mortgaged lease.—

 

When the mortgaged property is a lease 1[***] and the mortgagor obtains a renewal of the lease, the mortgagee, in the absence of a contract to the contrary, shall, for the purposes of the security, be entitled to the new lease.

 

———————-

1. The words “for a term of years” omitted by Act 20 of 1929, sec. 36.

 

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Transfer of Property Act 1882

 

Indian Laws – Bare Acts

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