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.
A Hawaii Nondisturbance and Attornment Agreement with a landlord is a legally binding contract that provides protection to the tenant in the event of a change in ownership or foreclosure of the property they are leasing. This agreement ensures that the tenant's rights and leasehold interests are recognized and respected by the new landlord or any successors. The purpose of a Nondisturbance and Attornment Agreement is to safeguard the tenant from eviction or disturbance of their tenancy due to changes in ownership. It gives tenants the assurance that their lease agreement will remain in effect, and their rights as tenants will be upheld, even if the property is sold or foreclosed upon. There are various types of Hawaii Nondisturbance and Attornment Agreements that can be entered into between a tenant and a landlord. Some common types include: 1. Standard Nondisturbance and Attornment Agreement: This is the most common type of agreement, ensuring the tenant's rights are protected regardless of any change in ownership. 2. Subordination, Non-Disturbance, and Attornment Agreement (SODA): A SODA is typically used when the tenant is a subtenant, and the primary lease between the landlord and the tenant are already in place. It establishes the relationship between the landlord, tenant, and subtenant, and provides that the rights and obligations of the primary lease will also apply to the sublease. 3. Leasehold Mortgagee Nondisturbance Agreement: This type of agreement is often required by lenders when a tenant leases a property that is subject to a mortgage. It ensures that the tenant's leasehold interest will not be disturbed if the landlord defaults on their mortgage or the property enters foreclosure. Keywords: Hawaii, Nondisturbance and Attornment Agreement, landlord, tenant, leasehold interests, change in ownership, foreclosure, rights, protection, eviction, tenancy, lease agreement, subtenant, primary lease, sublease, leasehold mortgagee, lender, mortgage, default, foreclosure.A Hawaii Nondisturbance and Attornment Agreement with a landlord is a legally binding contract that provides protection to the tenant in the event of a change in ownership or foreclosure of the property they are leasing. This agreement ensures that the tenant's rights and leasehold interests are recognized and respected by the new landlord or any successors. The purpose of a Nondisturbance and Attornment Agreement is to safeguard the tenant from eviction or disturbance of their tenancy due to changes in ownership. It gives tenants the assurance that their lease agreement will remain in effect, and their rights as tenants will be upheld, even if the property is sold or foreclosed upon. There are various types of Hawaii Nondisturbance and Attornment Agreements that can be entered into between a tenant and a landlord. Some common types include: 1. Standard Nondisturbance and Attornment Agreement: This is the most common type of agreement, ensuring the tenant's rights are protected regardless of any change in ownership. 2. Subordination, Non-Disturbance, and Attornment Agreement (SODA): A SODA is typically used when the tenant is a subtenant, and the primary lease between the landlord and the tenant are already in place. It establishes the relationship between the landlord, tenant, and subtenant, and provides that the rights and obligations of the primary lease will also apply to the sublease. 3. Leasehold Mortgagee Nondisturbance Agreement: This type of agreement is often required by lenders when a tenant leases a property that is subject to a mortgage. It ensures that the tenant's leasehold interest will not be disturbed if the landlord defaults on their mortgage or the property enters foreclosure. Keywords: Hawaii, Nondisturbance and Attornment Agreement, landlord, tenant, leasehold interests, change in ownership, foreclosure, rights, protection, eviction, tenancy, lease agreement, subtenant, primary lease, sublease, leasehold mortgagee, lender, mortgage, default, foreclosure.
