This office lease is extremely harsh on the subtenant and grants no non-disturbance rights or any other protections.
A detailed description of the Oklahoma Attornment Provision in a sublease refers to a provision typically found in rental agreements in Oklahoma. The Attornment Provision outlines the relationship between the subtenant and the landlord in situations where the property is sold or the landlord's interest is transferred. This provision ensures that the subtenant acknowledges the new landlord or owner and agrees to recognize their rights and responsibilities under the sublease agreement. Keywords: Oklahoma Attornment Provision, sublease agreement, rental agreement, property transfer, subtenant, landlord, ownership change. There are different types of Oklahoma Attornment Provisions that may be included in a sublease, depending on the specific circumstances: 1. Basic Attornment Provision: The basic Attornment Provision states that the subtenant must attorn to the new owner or landlord automatically upon a transfer of ownership or a sale of the property. The subtenant is required to recognize the new landlord as the rightful owner of the property and continue to abide by the sublease agreement until its expiration. 2. Conditional Attornment Provision: The conditional Attornment Provision imposes certain conditions that must be met for the subtenant to attorn to the new owner or landlord. These conditions may include providing notice to the subtenant about the ownership change, giving the subtenant a specified period to consent to the attornment, or requesting the subtenant's consent in writing. 3. Non-Attornment Provision: In some cases, the sublease agreement may include a non-attornment provision, which states that the subtenant does not need to attorn to a new owner or landlord upon a property transfer or sale. This provision offers the subtenant some degree of protection, as they are not obligated to recognize or continue their lease with the new owner. 4. Attornment Agreement: An attornment agreement may be a separate document or an addendum to the sublease agreement. This agreement can specify in greater detail the rights, obligations, and any additional terms that come into effect when the subtenant attorns to the new owner or landlord. This document helps clarify the expectations of both parties during the transition. It's crucial for both subtenants and landlords in Oklahoma to understand the Attornment Provision in a sublease. This provision helps ensure the continuity of the sublease agreement while protecting the rights of both parties in the event of a property transfer or change in ownership. By recognizing and following the Attornment Provision, all parties involved can maintain a secure and legally compliant sublease arrangement.
