Maine Subordination and Deferral of the Guarantors Claims Against the Tenant

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Multi-State
Control #:
US-OL4A024BE
Format:
Word; 
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Description

This office lease guaranty states that until all obligations of the tenant are fully performed and the lease has expired or terminated, all claims that the guarantor may have against the tenant are subordinated to the landlord's claims against the tenant.

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FAQ

As of the date of this article, eight states have adopt- ed the UVTA?California, Georgia, Idaho, Kentucky, Minnesota, New Mexico, North Carolina and North Dakota.

A person who has pleaded guilty to a Class B crime under chapter 45 or a Class C, Class D or Class E crime and who consents to a deferred disposition in writing is eligible for a deferred disposition. [PL 2021, c. 308, §1 (AMD).]

A model Act adopted in 1984 to replace the Uniform Fraudulent Conveyance Act (UFCA). The UFTA has been enacted in 45 states (including Delaware and New York), the District of Columbia, and the US Virgin Islands.

Act 434 of 1998. AN ACT to provide for the setting aside and modification of certain transfers, conveyances, and obligations; to make uniform the law of fraudulent transfers; and to provide remedies.

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Maine Subordination and Deferral of the Guarantors Claims Against the Tenant