A Hawaii Non-Disturbance, Attornment, Estoppel & Subordination Agreement is a legal document that is commonly used in real estate transactions, particularly in the context of commercial leases. This agreement outlines the rights and obligations of the various parties involved, such as the tenant, landlord, and lender, in the event of certain circumstances such as a foreclosure or a lease termination. Keywords: Hawaii, Non-Disturbance, Attornment, Estoppel, Subordination Agreement, real estate transactions, commercial leases, rights, obligations, tenant, landlord, lender, foreclosure, lease termination. There are different types of Hawaii Non-Disturbance, Attornment, Estoppel & Subordination Agreements depending on the specific scenario or parties involved. Here are a few examples: 1. Commercial Lease Non-Disturbance, Attornment, Estoppel & Subordination Agreement: This type of agreement typically occurs when a commercial tenant wants assurance that their lease rights will not be disturbed even if the landlord's property is foreclosed upon by a lender. It ensures that the tenant's rights continue uninterrupted under the terms of the lease. 2. Mortgage Non-Disturbance, Attornment, Estoppel & Subordination Agreement: In this case, the lender wants assurance that their mortgage interests will not be disturbed by a tenant's leasehold rights. The agreement ensures that the lender's rights take precedence over the leasehold interests. 3. Subordination Agreement: This type of agreement involves the subordination of one party's rights to another. For example, a tenant may agree to subordinate their lease to a lender's mortgage, meaning the lender's interests would take priority in case of foreclosure. 4. Estoppel Agreement: An estoppel agreement is typically executed by a tenant to confirm certain facts or representations made by the landlord. It prevents the tenant from later claiming the opposite of what was agreed upon. For example, a tenant may sign an estoppel agreement stating that the rent amount and lease terms are accurate and correct. All of these agreements are designed to provide clarity and protect the interests of the parties involved in a real estate transaction in Hawaii, ensuring that their rights and obligations are clearly defined and adhered to in a predictable manner.
Hawaii Non-Disturbance, Attornment, Estoppel & Subordination Agreement
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