A Maricopa Arizona Nondisturbance and Attornment Agreement with a landlord is a legal contract that ensures tenants' rights and protections even in case of a change in ownership or other third-party interests. This agreement is especially common in commercial real estate leases where tenant businesses heavily rely on the continuity of their operations. Keywords: Maricopa Arizona, Nondisturbance and Attornment Agreement, landlord, tenant rights, protections, change in ownership, third-party interests, commercial real estate, lease, business operations. There are several types of Maricopa Arizona Nondisturbance and Attornment Agreements, namely: 1. Commercial Lease Nondisturbance Agreement: In this type, the tenant seeks the assurance that their lease will remain intact during a foreclosure proceeding or a sale of the property. The agreement also covers protection against any disturbances caused by the landlord's creditors. 2. Subordination and Nondisturbance Agreement: This agreement ensures that the tenant's lease remains valid and enforceable, even if the landlord uses the leased property as collateral for a mortgage. It typically subordinates the tenant's lease to the mortgage, and in return, the tenant receives a non-disturbance clause. 3. Estoppel Certificate and Nondisturbance Agreement: This agreement largely focuses on verifying the accuracy of lease-related information. The tenant certifies certain details, such as the lease's existence, terms, and agreements, to be true, accurate, and in force. This document provides protection to both the new landlord and the tenant during a property transfer or sale. 4. SODA ā Subordination, Non-Disturbance, and Attornment Agreement: This comprehensive agreement combines the elements of subordination, non-disturbance, and attornment into a single document. It protects the tenant's lease in case of foreclosure, sale, or any other event affecting the landlord's rights to the property. In conclusion, a Maricopa Arizona Nondisturbance and Attornment Agreement provides tenants with crucial protections and reassurances in commercial real estate leases. Whether it is safeguarding tenants' rights during a foreclosure, sale, mortgage, or property transfer, this agreement ensures that the terms of the lease remain intact and the business operations can continue undisturbed.
Para su conveniencia, debajo del texto en espaƱol le brindamos la versiĆ³n completa de este formulario en inglĆ©s. For your convenience, the complete English version of this form is attached below the Spanish version.