Section 64
Renewal of mortgaged lease.
The Transfer of Property Act, 1882
About this Act
An Act to amend the law relating to the Transfer of Property by act of Parties.
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.
Notes
1. The words "for a term of years" omitted by s. 28, ibid.