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 Massachusetts Nondisturbance and Attornment Agreement with Landlord is a legal document that protects the rights and interests of tenants in the event of a property foreclosure or sale. This agreement ensures that the tenant's lease will continue, and they will not be disturbed or evicted by the new owner or landlord. Keywords: Massachusetts, Nondisturbance and Attornment Agreement, Landlord, lease, foreclosure, sale, tenant, eviction, new owner In Massachusetts, there are different types of Nondisturbance and Attornment Agreements that tenants may encounter, depending on the specific circumstances: 1. Standard Nondisturbance and Attornment Agreement: This is the most common type of agreement, typically used when a property undergoes a change in ownership due to foreclosure. It ensures that the tenant's lease will remain valid and enforceable, regardless of the change in ownership. The new landlord must honor the terms of the existing lease, including rent payment and maintenance obligations. 2. Subordination Nondisturbance and Attornment Agreement: This agreement is relevant when a tenant's lease is subordinated to a mortgage held by the landlord. In this case, if the landlord defaults on their mortgage and the property is foreclosed, the new owner may have the right to terminate the lease. The tenant signs this agreement to acknowledge the priority of the mortgage and agrees to attorn to the new landlord, recognizing them as the new owner. 3. Estoppel Nondisturbance and Attornment Agreement: This agreement is used when a tenant may have claims or disputes about the terms and conditions of their lease. The tenant provides a signed estoppel certificate, certifying the agreed-upon conditions of the lease. This document prevents the tenant from making conflicting claims or denying the existence of any lease provisions in the future. It also ensures that potential future owners of the property have accurate and complete information regarding the lease. Regardless of the specific type, a Massachusetts Nondisturbance and Attornment Agreement is a crucial legal protection for tenants. It provides assurance that their lease rights will be recognized and respected by new owners, even in the event of foreclosure or sale.A Massachusetts Nondisturbance and Attornment Agreement with Landlord is a legal document that protects the rights and interests of tenants in the event of a property foreclosure or sale. This agreement ensures that the tenant's lease will continue, and they will not be disturbed or evicted by the new owner or landlord. Keywords: Massachusetts, Nondisturbance and Attornment Agreement, Landlord, lease, foreclosure, sale, tenant, eviction, new owner In Massachusetts, there are different types of Nondisturbance and Attornment Agreements that tenants may encounter, depending on the specific circumstances: 1. Standard Nondisturbance and Attornment Agreement: This is the most common type of agreement, typically used when a property undergoes a change in ownership due to foreclosure. It ensures that the tenant's lease will remain valid and enforceable, regardless of the change in ownership. The new landlord must honor the terms of the existing lease, including rent payment and maintenance obligations. 2. Subordination Nondisturbance and Attornment Agreement: This agreement is relevant when a tenant's lease is subordinated to a mortgage held by the landlord. In this case, if the landlord defaults on their mortgage and the property is foreclosed, the new owner may have the right to terminate the lease. The tenant signs this agreement to acknowledge the priority of the mortgage and agrees to attorn to the new landlord, recognizing them as the new owner. 3. Estoppel Nondisturbance and Attornment Agreement: This agreement is used when a tenant may have claims or disputes about the terms and conditions of their lease. The tenant provides a signed estoppel certificate, certifying the agreed-upon conditions of the lease. This document prevents the tenant from making conflicting claims or denying the existence of any lease provisions in the future. It also ensures that potential future owners of the property have accurate and complete information regarding the lease. Regardless of the specific type, a Massachusetts Nondisturbance and Attornment Agreement is a crucial legal protection for tenants. It provides assurance that their lease rights will be recognized and respected by new owners, even in the event of foreclosure or sale.
