Malaysia legislation
Section 48
Section 48
(a)
the lessor or other person entitled to the reversion therein shall be deemed to hold the replacement title and shall be registered in the Interim Register as the proprietor thereof; and
(b)
the person in whom the pre-existing estate in possession is vested shall be registered in the Interim Register as the lessee under such lease.
National Land Code (Penang and Malacca Titles)
(2)
Where a pre-existing estate in possession in any holding is vested in a sublessee then subject to Chapter 2 of Part V the person in whom such estate is vested shall be registered in the Interim Register as the sublessee thereof.
(3)
At any time during the currency of any pre-existing lease or sublease of a holding not exceeding three years and excluded from operation of the Registration of Deeds Ordinance [S.S. Cap. 121] by section 26 thereof the Director may at the request of the lessor, lessee, sublessor or sublessee endorse such lease or sublease upon the replacement title to such holding.
(4)
A replacement title issued in respect of any holding referred to in subsection (1) shall be endorsed as subject to a replacement lease or sublease by virtue of the pre-existing lease or sublease.
Mortgages, etc.