Legal World

Section 71 TPA — Renewal of mortgaged lease

The Transfer of Property Act, 1882 · Official PDF page 31

Open in NyayaOfficial PDF, page 31

71. Renewal of mortgaged lease .—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.

Text extracted from the official PDF (India Code source copy; consolidation date not certified). Line breaks and footnote marks may differ; the PDF is the authority.

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