SECTION 64 – Renewal of mortgaged lease.

The Transfer of Property Act, 1882

SECTION 64

Renewal of mortgaged lease.

Renewal of mortgaged lease.—Where the mortgaged property is a lease, 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.