Mera Samvidhaan All of Transfer of Property Act, 1882

Chapter IV · Of Mortgages of Immoveable Property and Charges

71Renewal of mortgaged lease.

Section 71 · Chapter IV · Rights and Liabilities of Mortgagee · page 31 of the Act

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, s. 36.

Section 71 of The Transfer of Property Act, 1882 is reproduced in full above, as printed by India Code, with its footnotes and amendment markers. Read the whole Act, or browse every Act on Mera Samvidhaan.