Section 64 of the Transfer of Property Act, 1882 – Renewal of mortgaged lease

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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.

Source: official text of The Transfer of Property Act, 1882 as published on India Code (PDF). All sections of the Transfer of Property Act, 1882.

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