New Hampshire Subordination, Nondisturbance and Attornment Agreement and Estoppel Certificate
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FAQ
Term. Main definition. Letter of Attornment. A letter from a grantor to a tenant, stating that a property has been sold, and directing rent to be paid to the grantee (i.e., the new owner).
Attornment is the tenant's agreement to become the tenant of someone other than the original landlord and who has now taken title to the property.
An attornment occurs when the title to an immovable property is transferred from the hands of one lessor to another. In such cases, the existing lessor will usually send a letter of attornment to the lessee notifying him of such sale and request him to make all further lease payments directly to the new lessor.
Attornment occurs when a tenant acknowledges a new owner of the property as their new landlord.
To transfer homage and service from one feudal lord to another. 2. to agree to continue as tenant under a new landlord. Derived forms. attornment (at02c8tornment)
Letter of Attornment. A letter from a grantor to a tenant, stating that a property has been sold, and directing rent to be paid to the grantee (i.e., the new owner). See also "Attorn."
An Estoppel Certificate (or Estoppel Letter) is a document often used in due diligence in Real estate and mortgage activities.An estoppel certificate provides confirmation by the tenant of the terms of the rental agreement, such as the amount of rent, the amount of security deposit and the expiration of the agreement.