Massachusetts Surface Tenant's Consent and Subordination (to Storage Lease) is a legal document that outlines the terms and conditions under which a surface tenant allows the subordination of their rights and interests to a storage lease on their property. This consent and subordination agreement is essential when the storage lease is executed for property that is subject to an existing surface tenancy. In Massachusetts, there are two primary types of Surface Tenant's Consent and Subordination (to Storage Lease). They are: 1. Voluntary Consent and Subordination Agreement: This type of agreement is typically entered into when the surface tenant willingly agrees to subordinate their rights to the storage lease. It ensures that the storage lease takes precedence over the surface tenancy rights, including any claims on the property or its proceeds. 2. Involuntary Consent and Subordination Agreement: This type of agreement may be required when the storage lease is necessary for specific purposes, such as public infrastructure development or utility installation. In such cases, the surface tenant may be compelled by law to consent and subordinate their rights to the storage lease for the public interest. The agreement outlines the terms and conditions under which the subordination will occur. Keywords: Massachusetts, Surface Tenant's Consent, Subordination, Storage Lease, Voluntary Consent, Involuntary Consent, Property Rights, Legal Agreement, Public Infrastructure, Utility Installation.
Massachusetts Surface Tenant's Consent and Subordination (to Storage Lease)
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