Section 484: Period of deed executed in household

1) The period of a deed executed in a household pursuant to this Chapter shall not exceed ten years.

2) Notwithstanding anything contained in sub-section (1), if the debtor repays some of the principal or interest thereon to the creditor or the term of a deed is extended for the repayment of principal or interest within the period of ten years, another period of ten years shall be extended from the date of such repayment of principal or interest or extension of the period, as the case may be.