Section 64 – Renewal of Mortgaged Lease – The Transfer of Property Act, 1882
Section 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.
Reference:
1. The words “for a term of years” omitted by s. 28, ibid.