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.
New Hampshire Subordination and Deferral of the Guarantors Claims Against the Tenant
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FAQ
SNDAs govern the relationship between a tenant and a lender in the event of a default by the landlord under its loan documents and a subsequent foreclosure by the lender.
It is against the law RSA 540-A for a landlord to: Enter your residence without permission, except to make emergency repairs. (You should not refuse your landlord's reasonable request to enter with enough notice); Take any other action to force you out of your home without going through the eviction process.
A landlord cannot require you to pay a security deposit greater than one month's rent or $100, whichever amount is larger. If your landlord demands first and last month's rent, plus a security deposit, this may be a violation of the law.
New Hampshire is a relatively landlord-friendly state. It doesn't impose rent control laws and prevent its cities and towns from creating their own rent control laws, which allows landlords to charge what they deem appropriate for rent.
New Hampshire is a somewhat landlord-friendly state because of the lack of rent control laws.
Basic Rights: All tenants in New Hampshire are legally entitled to a unit that meets basic health, structural, and safety standards, and that is in good repair. Withholding of Rent: Yes. A tenant may withhold rent if the landlord fails to keep the rental unit in a livable condition.
A 540-A Petition is a request for court assistance to protect the rights of a tenant or landlord and stop actions prohibited by law under RSA 540-A. The law provides for quick relief from prohibited actions by the other party.
The primary effect of an SNDA is that the tenant agrees to subordinate its lease to the mortgage in exchange for the lender agreeing not to disturb the tenant if the lender forecloses its superior security interest in the real property.
