Section 64State of Jammu-Kashmir Act

Section 64: Renewal of mortgaged lease

Transfer of Property Act, 1977

Renewal of mortgaged lease.

- Where the mortgaged property is a lease [x x] [section 64 words 'for a term of years' omitted by Act VI of Samvat 1996.], and the mortgagee obtains a renewal of the lease, the mortgager, upon redemption, shall, in the absence of a contract by him to the contrary, have the benefit of the new lease.

Sec 63A — [ Improvements to mortgaged property. [Section 63-A added and in section 64 words 'for a term of years' omitted by Act VI of Samvat 1996.]

Sec 65 — Implied contracts by mortgagor

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