Alaska Nondisturbance and Attornment Agreement With Landlord

State:
Multi-State
Control #:
US-OL30042CB
Format:
Word; 
PDF
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Description

This office lease form states that the landlord has entered into a certain agreement of lease with the tenant as sublessor. The tenant, as sublessor, has entered into a certain sublease agreement with the sublessee. In the event of termination of the lease, the sublessee agrees to attorn to and accept the landlord as its direct landlord under the lease for the balance then remaining of the term of the Lease, and the sublessee shall assume all of the terms and conditions of the Lease, except that sublessee shall have no liability for any defaults of Tenant prior to the date of attornment.

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FAQ

A nondisturbance clause is a provision in a mortgage contract that ensures that a rental agreement between the tenant and the landlord will continue under any circumstances. This is done primarily to protect the renter from eviction by the mortgagor if the property is foreclosed upon by the lender.

A landlord may deliver written notice to terminate the rental agreement for substantial damages or illegal activities conducted on the premises. The notice should contain details of the breach and a notice period between 24 hours and 5 days (§§ 34.03. 220).

The primary effect of an SNDA is that the tenant agrees to subordinate its lease to the mortgage in exchange for the lender agreeing not to disturb the tenant if the lender forecloses its superior security interest in the real property.

Things A Landlord Cannot Do in Alaska Landlords cannot change locks, shut off utilities, or take other "self-help" actions to try to evict you. They have to file eviction cases in court.

Non-refundable security deposits, including non-refundable pet deposits, are illegal in Alaska. Examples: If Pat is renting an apartment for $1200 per month, then Pat's landlord cannot ask for a deposit and prepaid rent of more than $2400 in total.

Alaska landlord responsibilities Landlords are required to make repairs within 10 days of being notified by the tenant. Landlords are required to provide a 30-day notice before raising the rent. Landlords must provide a 24-hour notice before entering the property unless it's an emergency.

Except in case of emergency or if it is impracticable to do so, the landlord shall give the tenant at least 24 hours notice of intention to enter and may enter only at reasonable times and with the tenant's consent.

Alaska is a landlord-friendly state because of the lack of rent control laws.

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Alaska Nondisturbance and Attornment Agreement With Landlord