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 New Hampshire Nondisturbance and Attornment Agreement with the Landlord is a legal document that provides protection to a tenant in the event of a change in ownership or foreclosure of the property they are leasing. It ensures a tenant's rights to occupy and continue using the leased premises even if the property changes hands or is foreclosed upon. Key terms and conditions commonly included in a New Hampshire Nondisturbance and Attornment Agreement may involve: 1. Nondisturbance Clause: This clause guarantees that the tenant's right to possession and use of the leased premises will be respected and protected even in the event of a change in ownership or foreclosure. It prevents the new owner or the foreclosing party from disturbing the tenant's occupancy. 2. Attornment Clause: The attornment clause addresses the tenant's agreement to recognize and accept a new landlord as the rightful owner, should the property be sold or foreclosed upon. It requires the tenant to continue paying rent and abiding by the terms of the lease with the new landlord. 3. Tenant's Rights and Obligations: The agreement may specify the tenant's rights and obligations under the lease. It may outline the tenant's responsibility to pay rent, maintain the property, and comply with any rules and regulations set by the landlord. 4. Foreclosure Proceedings: If the property is foreclosed upon, the agreement might include provisions regarding the tenant's rights during foreclosure proceedings. It could specify that the tenant continues to pay rent to the landlord or the appointed receiver until instructed otherwise. It is important to note that specific variations of Nondisturbance and Attornment Agreements may exist based on different circumstances or parties involved. Examples of potential New Hampshire Nondisturbance and Attornment Agreements could include: 1. Nondisturbance and Attornment Agreement between Tenant and Landlord: This is the most common type, providing protection for the tenant in the event of foreclosure or change in ownership. 2. Nondisturbance and Attornment Agreement involving Lender: In certain situations, a lender may require a Nondisturbance and Attornment Agreement from the tenant to protect their interests during a foreclosure. This agreement ensures the tenant's rights are preserved if the lender becomes the new owner. In conclusion, a New Hampshire Nondisturbance and Attornment Agreement with the Landlord safeguards a tenant's rights and occupancy, regardless of any change in ownership or foreclosure. It offers reassurance to both tenants and lenders, ensuring a smooth transition and uninterrupted tenancy in case of an ownership transfer.A New Hampshire Nondisturbance and Attornment Agreement with the Landlord is a legal document that provides protection to a tenant in the event of a change in ownership or foreclosure of the property they are leasing. It ensures a tenant's rights to occupy and continue using the leased premises even if the property changes hands or is foreclosed upon. Key terms and conditions commonly included in a New Hampshire Nondisturbance and Attornment Agreement may involve: 1. Nondisturbance Clause: This clause guarantees that the tenant's right to possession and use of the leased premises will be respected and protected even in the event of a change in ownership or foreclosure. It prevents the new owner or the foreclosing party from disturbing the tenant's occupancy. 2. Attornment Clause: The attornment clause addresses the tenant's agreement to recognize and accept a new landlord as the rightful owner, should the property be sold or foreclosed upon. It requires the tenant to continue paying rent and abiding by the terms of the lease with the new landlord. 3. Tenant's Rights and Obligations: The agreement may specify the tenant's rights and obligations under the lease. It may outline the tenant's responsibility to pay rent, maintain the property, and comply with any rules and regulations set by the landlord. 4. Foreclosure Proceedings: If the property is foreclosed upon, the agreement might include provisions regarding the tenant's rights during foreclosure proceedings. It could specify that the tenant continues to pay rent to the landlord or the appointed receiver until instructed otherwise. It is important to note that specific variations of Nondisturbance and Attornment Agreements may exist based on different circumstances or parties involved. Examples of potential New Hampshire Nondisturbance and Attornment Agreements could include: 1. Nondisturbance and Attornment Agreement between Tenant and Landlord: This is the most common type, providing protection for the tenant in the event of foreclosure or change in ownership. 2. Nondisturbance and Attornment Agreement involving Lender: In certain situations, a lender may require a Nondisturbance and Attornment Agreement from the tenant to protect their interests during a foreclosure. This agreement ensures the tenant's rights are preserved if the lender becomes the new owner. In conclusion, a New Hampshire Nondisturbance and Attornment Agreement with the Landlord safeguards a tenant's rights and occupancy, regardless of any change in ownership or foreclosure. It offers reassurance to both tenants and lenders, ensuring a smooth transition and uninterrupted tenancy in case of an ownership transfer.
