The Transfer of Property Act, 1882
Section 71Renewal of mortgaged lease
In force
Chapter IV OF MORTGAGES OF IMMOVEABLE PROPERTY AND CHARGES
Rights and Liabilities of Mortgagee
s. 71
71. Renewal of mortgaged lease When the mortgaged property is a lease, 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.