This office lease form shall be subject and subordinate to all present and future ground leases, overriding leases or underlying leases and/or grants of term of the Land and/or the building or the portion thereof in which the Demised Premises are located. This Section shall be self-operative and no further instrument of subordination shall be required. This form also states that the landlord and the tenant agree to share equally all costs incurred in connection with obtaining any Non-disturbance Agreement from the existing superior lessors or superior mortgagees.
The New Hampshire Nondisturbance Provision, also referred to as the Tenant Friendly Nondisturbance Provision in New Hampshire, is a legal clause included in leases and rental agreements in the state. It offers protection and specific rights to tenants in various situations, ensuring that they can maintain their tenancy rights even in the event of a change of ownership or foreclosure. The primary purpose of the New Hampshire Nondisturbance Provision is to safeguard the tenant's occupancy and prevent any abrupt termination or disturbance of their lease agreement due to external circumstances. This provision is especially crucial in cases where the property owner sells the property to a new owner or if the property goes through foreclosure proceedings. By including a Tenant Friendly Nondisturbance Provision in their lease agreement, tenants in New Hampshire can ensure that their rights and obligations as outlined in the original lease will generally remain unchanged. It offers reassurance that the new property owner or the entity acquiring the property through foreclosure will recognize and respect the existing lease terms. This provision grants tenants significant rights, such as the right to remain in the property for the duration of their lease, protection against unfair eviction, and adherence to the original lease terms. These rights are crucial for tenants who might otherwise be displaced without warning during property transfers or foreclosures. Different types of New Hampshire Nondisturbance Provisions typically vary in language and specificity, but they generally serve the same purpose of providing tenant-friendly protections in cases of property ownership changes or foreclosure. Some variations of the provision may go into greater detail regarding the responsibilities of the new property owner, potential compensation for tenants, or even requirements for the new owner to honor existing security deposits. In summary, the New Hampshire Nondisturbance Provision, specifically designed to be tenant-friendly, guarantees certain rights and protections to tenants facing property transfer or foreclosure situations. It acts as a safety net to ensure the continuity of the lease agreement, allowing tenants to remain in the property and upholding their rights as outlined in the original lease.
