A Nassau New York Attornment Agreement between Lessor and Sublessee of Lessee is a legal document that outlines the relationship and obligations between the landlord (lessor), the original tenant (lessee), and the subtenant (sublessee). This agreement is commonly used when the lessee wants to sublease the leased property to another party. The purpose of this agreement is to establish clear terms and conditions between the lessor and sublessee, ensuring that all parties understand their rights, responsibilities, and expectations. It serves as a legal protection for both the lessor and sublessee in case of any disputes or issues that may arise during the sublease period. The main elements typically found in a Nassau New York Attornment Agreement include: 1. Parties Involved: The agreement identifies the lessor, the sublessee, and the original lessee. 2. Property Details: Detailed information about the leased property, including the address, unit number, and any specific terms related to the use and occupation of the property. 3. Term and Rent: The duration of the sublease, including start and end dates, as well as the amount of rent to be paid by the sublessee. It should also specify if the rent includes any utilities or additional charges. 4. Obligations and Restrictions: This section outlines the responsibilities of both the lessor and sublessee. It may include guidelines related to maintenance, repairs, alterations, noise restrictions, and any limitations or restrictions imposed by the lessor. 5. Attornment Clause: An attornment clause is a critical component of this agreement. It requires the sublessee to recognize the lessor as the landlord and agree to become a direct tenant of the lessor in the event of the termination of the original lease. This clause ensures that the relationship between the lessor and sublessee remains intact, even if the original lease is terminated. 6. Indemnification and Liability: This part establishes the liability of the sublessee for any damages caused to the property during the sublease period and outlines the process for resolving disputes or claims. 7. Default and Termination: This section lays out the conditions under which either party can terminate the agreement and the consequences for violating the terms. 8. Governing Law: The agreement should specify that it is governed by the laws of Nassau County, New York. 9. Signatures: The agreement is deemed valid when it is signed by all parties involved, including the lessor, sublessee, and original lessee. Types of Nassau New York Attornment Agreements may include residential subleases, commercial subleases, retail subleases, and industrial subleases, depending on the nature of the leased property. Each type may have its own specific terms and conditions tailored to the particular circumstances and requirements of that sublease.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.