San Diego California Disposición de pago en un subarrendamiento - Attornment Provision in a Sublease

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

Description

Negociación y Redacción de Arrendamientos de Oficinas The San Diego California Attornment Provision in a Sublease is a legal clause that outlines the relationship between a subtenant and a landlord in the event that the original lease is terminated or the landlord changes. This provision establishes the subtenant's agreement to recognize and attorn to the new owner or landlord, should there be a change in property ownership or management. Attornment provisions serve to protect the rights of subtenants and provide assurance that they can continue occupying the premises even after the primary lease terminates. In San Diego, there are multiple types of attornment provisions that may be included in a sublease. These include: 1. Basic Attornment Provision: This clause simply states that the subtenant agrees to recognize and attorn to any new owner or landlord, abiding by the terms and conditions of the original lease. 2. Limited Attornment Provision: In this case, the attornment provision may specify certain limitations or conditions that need to be met for the subtenant to attorn to the new owner or landlord. This could include ensuring that the new owner provides adequate notice or maintains the same lease terms as the original landlord. 3. Reciprocal Attornment Provision: This provision applies when both the sublandlord and subtenant agree to attorn to new owners or landlords. This reciprocal attornment protects each party's interests in the event of a change in ownership. 4. Subordination and Attornment Provision: This provision combines both subordination and attornment clauses. It establishes the subtenant's subordination of their lease rights to any future mortgages or liens on the property and their agreement to attorn to any lender or future owner. The San Diego California Attornment Provision in a Sublease is crucial for subtenants as it provides them with some level of security and continuity in their occupancy. It ensures that their rights are protected irrespective of changes in ownership or management. It is recommended that subtenants thoroughly review and understand the attornment provision in their sublease to avoid any misunderstandings or potential disputes down the line.

The San Diego California Attornment Provision in a Sublease is a legal clause that outlines the relationship between a subtenant and a landlord in the event that the original lease is terminated or the landlord changes. This provision establishes the subtenant's agreement to recognize and attorn to the new owner or landlord, should there be a change in property ownership or management. Attornment provisions serve to protect the rights of subtenants and provide assurance that they can continue occupying the premises even after the primary lease terminates. In San Diego, there are multiple types of attornment provisions that may be included in a sublease. These include: 1. Basic Attornment Provision: This clause simply states that the subtenant agrees to recognize and attorn to any new owner or landlord, abiding by the terms and conditions of the original lease. 2. Limited Attornment Provision: In this case, the attornment provision may specify certain limitations or conditions that need to be met for the subtenant to attorn to the new owner or landlord. This could include ensuring that the new owner provides adequate notice or maintains the same lease terms as the original landlord. 3. Reciprocal Attornment Provision: This provision applies when both the sublandlord and subtenant agree to attorn to new owners or landlords. This reciprocal attornment protects each party's interests in the event of a change in ownership. 4. Subordination and Attornment Provision: This provision combines both subordination and attornment clauses. It establishes the subtenant's subordination of their lease rights to any future mortgages or liens on the property and their agreement to attorn to any lender or future owner. The San Diego California Attornment Provision in a Sublease is crucial for subtenants as it provides them with some level of security and continuity in their occupancy. It ensures that their rights are protected irrespective of changes in ownership or management. It is recommended that subtenants thoroughly review and understand the attornment provision in their sublease to avoid any misunderstandings or potential disputes down the line.

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.