This office lease is extremely harsh on the subtenant and grants no non-disturbance rights or any other protections.
The New Hampshire Attornment Provision in a Sublease is a legal clause that establishes the rights and obligations of the subtenant and landlord in the event of a transfer of ownership or mortgage of the leased property. This provision ensures that the subtenant is required to acknowledge and recognize the new owner or mortgagee as their landlord, guaranteeing the continuity of their lease agreement. Under New Hampshire law, there are three main types of Attornment Provisions in a Sublease: 1. Non-Disturbance Attornment Provision: This type of provision offers protection to the subtenant by stipulating that if the landlord's ownership or mortgage arrangement changes, the subtenant's rights will not be negatively affected. It ensures the subtenant's lease terms, rental rates, and other agreed-upon conditions will remain intact, regardless of any change in ownership or mortgage. 2. Limited Attornment Provision: In this type of provision, the subtenant agrees to recognize and attorn to the new owner or mortgagee but on specific and limited conditions. The subtenant's rights are subject to certain limitations outlined within the provision, and their lease terms may be modified under certain circumstances. 3. Unconditional Attornment Provision: This provision requires the subtenant to unconditionally recognize and attorn to any new owner or mortgagee without any limitations or conditions. The subtenant agrees to accept the new landlord or mortgagee as their landlord, assuming all rights, duties, and obligations as outlined in the original lease agreement. The New Hampshire Attornment Provision in a Sublease plays a crucial role in safeguarding the rights and interests of both subtenants and landlords during property transfers or changes in mortgage arrangements. By incorporating a clearly defined and relevant Attornment Provision in the sublease agreement, all parties involved can ensure a smooth transition and continued lease compliance.The New Hampshire Attornment Provision in a Sublease is a legal clause that establishes the rights and obligations of the subtenant and landlord in the event of a transfer of ownership or mortgage of the leased property. This provision ensures that the subtenant is required to acknowledge and recognize the new owner or mortgagee as their landlord, guaranteeing the continuity of their lease agreement. Under New Hampshire law, there are three main types of Attornment Provisions in a Sublease: 1. Non-Disturbance Attornment Provision: This type of provision offers protection to the subtenant by stipulating that if the landlord's ownership or mortgage arrangement changes, the subtenant's rights will not be negatively affected. It ensures the subtenant's lease terms, rental rates, and other agreed-upon conditions will remain intact, regardless of any change in ownership or mortgage. 2. Limited Attornment Provision: In this type of provision, the subtenant agrees to recognize and attorn to the new owner or mortgagee but on specific and limited conditions. The subtenant's rights are subject to certain limitations outlined within the provision, and their lease terms may be modified under certain circumstances. 3. Unconditional Attornment Provision: This provision requires the subtenant to unconditionally recognize and attorn to any new owner or mortgagee without any limitations or conditions. The subtenant agrees to accept the new landlord or mortgagee as their landlord, assuming all rights, duties, and obligations as outlined in the original lease agreement. The New Hampshire Attornment Provision in a Sublease plays a crucial role in safeguarding the rights and interests of both subtenants and landlords during property transfers or changes in mortgage arrangements. By incorporating a clearly defined and relevant Attornment Provision in the sublease agreement, all parties involved can ensure a smooth transition and continued lease compliance.
