Washington Attornment Provision in a Sublease

State:
Multi-State
Control #:
US-OL2004
Format:
Word; 
PDF
Instant download

Description

This office lease is extremely harsh on the subtenant and grants no non-disturbance rights or any other protections.

Title: Understanding the Washington Attornment Provision in a Sublease: Types and Key Considerations Introduction: In Washington, the Attornment Provision is a crucial aspect to consider when entering into a sublease agreement. This provision aims to clarify the rights and obligations of all parties involved in the sublease arrangement, particularly in regard to the tenant's attornment to the new landlord in the event of a primary lease termination. This article aims to provide a detailed description of the Washington Attornment Provision in a Sublease, along with mentioning the different types that exist. 1. Definition and Purpose: The Washington Attornment Provision in a Sublease is a clause that outlines the tenant's agreement to recognize a new landlord's authority in the event the original primary lease is terminated or transferred. The provision ensures a smooth transition for all parties involved and often requires tenant cooperation, explicitly stating that the tenant will continue paying rent and abide by the terms of the sublease even under new ownership. 2. Types of Attornment Provision in Washington Subleases: a. Automatic Attornment Provision: — This type of attornment provision offers little to no choice for the tenant. It states that the tenant shall automatically recognize and attorn to any future landlord, regardless of their consent or approval. — Automatic attornment provisions are considered more favorable to the sublessor, as it minimizes potential disruption to their interests, especially in cases where the primary lease is terminated early. b. Discretionary Attornment Provision: — Unlike the automatic provision, the discretionary attornment provision allows the tenant to exercise their discretion in deciding whether to recognize and attorn to the new landlord. — Tenants often prefer this type of provision as it permits them to evaluate the new landlord's credibility, financial stability, and maintenance practices before transferring their tenant obligations. 3. Key Considerations: a. Clarity and Specificity: — The Attornment Provision should clearly state the rights, responsibilities, and obligations of each party involved during and after the primary lease termination. — Specific details, such as the duration of the attornment period, payment procedures, and the new landlord's obligations to the tenant, should be included for comprehensive understanding. b. Financial Security: — The subtenant should ensure that the new landlord is financially stable and capable of fulfilling the obligations under the sublease. — Requesting financial statements, credit checks, or references can enhance the tenant's confidence in a smooth transition. c. Notice Requirements: — Consider including a provision that stipulates the timeline and method for providing notice to the tenant regarding any changes in the landlord's ownership or primary lease termination. — Sufficient notice ensures the tenant has ample time to assess the situation and take appropriate action. d. Attorney Review: — Given the legal complexities involved, it is advisable for subtenants to have the Attornment Provision reviewed by an experienced attorney who specializes in real estate law. — An attorney can help identify and mitigate potential risks, ensuring the provision aligns with Washington state laws and protects the tenant's interests. Conclusion: The Washington Attornment Provision in a Sublease is a crucial component that protects the rights and responsibilities of both tenants and landlords. Understanding the types of attornment provisions available, along with key considerations, empowers subtenants to make informed decisions and safeguard their interests in the event of a primary lease termination.

How to fill out Washington Attornment Provision In A Sublease?

If you wish to total, download, or produce lawful document web templates, use US Legal Forms, the biggest collection of lawful varieties, that can be found on the Internet. Make use of the site`s basic and hassle-free research to get the paperwork you require. Various web templates for business and personal purposes are sorted by categories and states, or keywords. Use US Legal Forms to get the Washington Attornment Provision in a Sublease in a number of click throughs.

If you are presently a US Legal Forms customer, log in to the bank account and click on the Down load button to obtain the Washington Attornment Provision in a Sublease. You may also gain access to varieties you formerly acquired within the My Forms tab of your bank account.

Should you use US Legal Forms for the first time, follow the instructions beneath:

  • Step 1. Ensure you have selected the shape for that right metropolis/country.
  • Step 2. Utilize the Review solution to examine the form`s content. Don`t overlook to see the information.
  • Step 3. If you are unsatisfied with the kind, use the Search industry at the top of the screen to discover other models of the lawful kind design.
  • Step 4. When you have located the shape you require, click the Purchase now button. Opt for the costs program you favor and include your accreditations to sign up for an bank account.
  • Step 5. Method the financial transaction. You should use your charge card or PayPal bank account to accomplish the financial transaction.
  • Step 6. Find the format of the lawful kind and download it in your device.
  • Step 7. Complete, modify and produce or indication the Washington Attornment Provision in a Sublease.

Each and every lawful document design you get is your own forever. You might have acces to each kind you acquired with your acccount. Select the My Forms portion and choose a kind to produce or download yet again.

Contend and download, and produce the Washington Attornment Provision in a Sublease with US Legal Forms. There are many expert and state-particular varieties you can use for the business or personal needs.

Form popularity

FAQ

With the sublease clause, the tenant transfers property rights to a subtenant while maintaining liability over the property. This means that if the subtenant doesn't pay their rent, you may be the one responsible for those payments, or you'll be found in default.

The attornment clause requires tenants to acknowledge any new owner of the property as the landlord.

If the lessee transfers his or her entire remaining interest in the tenancy, then the transfer is known as an assignment. If the lessee transfers only part of his or her interest, then the transfer is known as a sublease.

Subletting Laws Washington state law does not specifically speak to sublease agreement policies. Therefore, this will be covered under the original lease. If there is no clause covering subletting, then the landlord must accept any such request of the original tenant.

An assignment is a complete transfer of the tenant's remaining lease term. Any transfer for less than the entire duration of the lease is a sublease.

This clause prohibits the tenant from assigning or subletting all or any portion of its space without the consent of the landlord, which can be withheld by the landlord for any or no reason.

Sub-letting involves a tenant leasing out all or part of their premises to a third party. Under a sub-letting agreement, the rights and obligations created under the initial lease remain in force. An assignment involves transferring the lease from one party to another.

Lessee shall not assign this Lease or sublet any portion of the Premises without prior written consent of the Lessor, which shall not be unreasonably withheld. Any such assignment or subletting without consent shall be void and, at the option of the Lessor, may terminate this Lease.

Introduction. A sublease is a process of renting out a property to a third party by a tenant for a time period of the lease contract of the existing tenant. Lease contracts are contracts between a tenant and the owner of the property.

What Is a Sublease? A sublease is the re-renting of property by an existing tenant to a new third party for a portion of the tenant's existing lease contract.

Interesting Questions

More info

How to fill out King Washington Attornment Provision In A Sublease? How much time does it typically take you to draw up a legal document? Given that every ... Sep 23, 2014 — ... complete copy of the sublease agreement. Both should ... the subtenant attorn to the landlord under the executory provisions of the sublease.It is all parties' expressed intent that, should the Original Sublease terminate for any reason whatsoever, including the voluntary surrender of same by Atara ... Lender agrees that all condemnation awards and insurance proceeds payable to Landlord or Lender with respect to the Property shall be paid and applied to ... Oct 29, 2020 — First, the Tenant agrees to subordinate its leasehold interest to the lender's mortgage lien. Second, the lender agrees that after foreclosure ... In one approach, a very short form is used which incorporates all of the operative provisions of the master lease by reference and places the tenant/sublessor ... a statement that the lender will not be bound by lease amendments and rent reductions made without the lender's prior approval. Lenders may also use attornment ... Nov 10, 2017 — agreement provided to prime landlord for review is the final and complete copy of the sublease agreement. 2. The amount of rent payable ... complete attornment to Successor Owner as substitute landlord upon the same terms, covenants and conditions as provided in the Lease, including, but not ... Each sublease is subject to the condition that if the Lease Term is terminated or Landlord succeeds to. District's interest in the Premises by voluntary ...

Trusted and secure by over 3 million people of the world’s leading companies

Washington Attornment Provision in a Sublease