Kings New York Disposición de pago en un subarrendamiento - Attornment Provision in a Sublease

• Category: Propietario Inquilino - Arrendamientos comerciales - Alaska
• State: Multi-State
• County: Kings
• Control #: US-OL2004
• Format: Word

Description

Negociación y Redacción de Arrendamientos de Oficinas Kings New York Attornment Provision in a Sublease is a legal clause that specifies the relationship and obligations between a tenant, subtenant, and the landlord of a property in Kings County, New York. This provision is designed to protect the interests of all parties involved and ensure a smooth transition in the event of subleasing. In a sublease agreement, the Kings New York Attornment Provision typically includes several key points. Firstly, it states that the subtenant agrees to recognize and acknowledge the landlord as the rightful owner of the property. This means that in the event of any legal disputes or changes in ownership, the subtenant will be bound to accept and abide by the decisions made by the landlord. Furthermore, the provision outlines the subtenant's responsibility to pay rent directly to the landlord, regardless of any potential payment arrangements made with the original tenant (the sublessor). This clause prevents any confusion or potential conflicts regarding rent payments and ensures that the landlord can maintain financial control over the property. Additionally, the Kings New York Attornment Provision may include terms related to the responsibilities of the subtenant in case of property-related issues or violations. The subtenant may be obligated to notify the landlord promptly about any damages, repairs, or compliance concerns, allowing the landlord to address these matters within a specified timeframe. There are different types of Kings New York Attornment Provisions in a sublease that may vary depending on specific circumstances. These variations could include provisions related to: 1. No-Attornment Provision: This type of provision might state that the subtenant shall not be required to attorn to any future landlords or new owners. It could protect the subtenant from having to establish a direct relationship with new owners if the property is sold. 2. Conditional Attornment Provision: This provision could specify that the subtenant's attornment is contingent upon the new owner or landlord agreeing to honor the terms and conditions of the existing sublease. If the new owner does not agree to these terms, the subtenant may have the right to terminate the sublease without penalty. 3. Automatic Attornment Provision: In some cases, the provision may stipulate that the subtenant's attornment to any future landlords or new owners will occur automatically without requiring any additional consent or action from the subtenant. It's essential to consult with a legal professional to fully understand the specifics and implications of the Kings New York Attornment Provision in a Sublease, as its exact language and application may vary based on the agreement and the particular circumstances of each situation.

Kings New York Attornment Provision in a Sublease is a legal clause that specifies the relationship and obligations between a tenant, subtenant, and the landlord of a property in Kings County, New York. This provision is designed to protect the interests of all parties involved and ensure a smooth transition in the event of subleasing. In a sublease agreement, the Kings New York Attornment Provision typically includes several key points. Firstly, it states that the subtenant agrees to recognize and acknowledge the landlord as the rightful owner of the property. This means that in the event of any legal disputes or changes in ownership, the subtenant will be bound to accept and abide by the decisions made by the landlord. Furthermore, the provision outlines the subtenant's responsibility to pay rent directly to the landlord, regardless of any potential payment arrangements made with the original tenant (the sublessor). This clause prevents any confusion or potential conflicts regarding rent payments and ensures that the landlord can maintain financial control over the property. Additionally, the Kings New York Attornment Provision may include terms related to the responsibilities of the subtenant in case of property-related issues or violations. The subtenant may be obligated to notify the landlord promptly about any damages, repairs, or compliance concerns, allowing the landlord to address these matters within a specified timeframe. There are different types of Kings New York Attornment Provisions in a sublease that may vary depending on specific circumstances. These variations could include provisions related to: 1. No-Attornment Provision: This type of provision might state that the subtenant shall not be required to attorn to any future landlords or new owners. It could protect the subtenant from having to establish a direct relationship with new owners if the property is sold. 2. Conditional Attornment Provision: This provision could specify that the subtenant's attornment is contingent upon the new owner or landlord agreeing to honor the terms and conditions of the existing sublease. If the new owner does not agree to these terms, the subtenant may have the right to terminate the sublease without penalty. 3. Automatic Attornment Provision: In some cases, the provision may stipulate that the subtenant's attornment to any future landlords or new owners will occur automatically without requiring any additional consent or action from the subtenant. It's essential to consult with a legal professional to fully understand the specifics and implications of the Kings New York Attornment Provision in a Sublease, as its exact language and application may vary based on the agreement and the particular circumstances of each situation.

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.