This office lease form shall be subject and subordinate to all present and future ground leases, overriding leases or underlying leases and/or grants of term of the Land and/or the building or the portion thereof in which the Demised Premises are located. This Section shall be self-operative and no further instrument of subordination shall be required. This form also states that the landlord and the tenant agree to share equally all costs incurred in connection with obtaining any Non-disturbance Agreement from the existing superior lessors or superior mortgagees.
San Jose, California Nondisturbance Provision — Tenant Friendly: A Nondisturbance Provision is a critical component of a tenant's lease agreement, specifically designed to protect their rights and minimize disruption in the event of certain unforeseen circumstances, such as the landlord defaulting on their loan agreement or facing foreclosure. San Jose, California has implemented several tenant-friendly variations of the Nondisturbance Provision, ensuring that tenants are safeguarded in different scenarios. 1. Nondisturbance Provision for Default: This type of provision aims to shield tenants from any negative consequences resulting from their landlord's default on a mortgage or loan agreement. In such cases, the lender or new owner is legally bound to honor the existing lease agreements and respect the tenant's rights, including allowing them to continue their occupancy undisturbed. 2. Nondisturbance Provision in Case of Foreclosure: San Jose, California's tenant-friendly Nondisturbance Provision extends further protection to tenants by requiring the new owner of a foreclosed property to honor existing lease agreements. It prevents eviction or adverse changes to the terms during the transition, allowing tenants to remain in their rental units without interruption. 3. Nondisturbance Provision for Tenant Relocation: This type of provision focuses on mitigating the impact of any forced relocation situations, such as demolition or substantial renovations. San Jose, California's tenant-friendly Nondisturbance Provision ensures that tenants are not unfairly displaced and includes provisions for compensation or alternative housing arrangements to minimize disruption. 4. Nondisturbance Provision for Property Sale: In the context of property sales, this provision offers protection to tenants by maintaining their rights and lease terms even after the transfer of ownership. It prevents potential eviction attempts by new property owners who might have different plans for the property, providing tenants with peace of mind and stability. San Jose, California's commitment to tenant-friendly Nondisturbance Provisions reflects its dedication to preserving housing stability, preventing unnecessary displacement, and ensuring the rights of tenants are respected. These provisions play a vital role in easing tenant concerns and maintaining a healthy rental market environment that benefits both landlords and tenants alike.San Jose, California Nondisturbance Provision — Tenant Friendly: A Nondisturbance Provision is a critical component of a tenant's lease agreement, specifically designed to protect their rights and minimize disruption in the event of certain unforeseen circumstances, such as the landlord defaulting on their loan agreement or facing foreclosure. San Jose, California has implemented several tenant-friendly variations of the Nondisturbance Provision, ensuring that tenants are safeguarded in different scenarios. 1. Nondisturbance Provision for Default: This type of provision aims to shield tenants from any negative consequences resulting from their landlord's default on a mortgage or loan agreement. In such cases, the lender or new owner is legally bound to honor the existing lease agreements and respect the tenant's rights, including allowing them to continue their occupancy undisturbed. 2. Nondisturbance Provision in Case of Foreclosure: San Jose, California's tenant-friendly Nondisturbance Provision extends further protection to tenants by requiring the new owner of a foreclosed property to honor existing lease agreements. It prevents eviction or adverse changes to the terms during the transition, allowing tenants to remain in their rental units without interruption. 3. Nondisturbance Provision for Tenant Relocation: This type of provision focuses on mitigating the impact of any forced relocation situations, such as demolition or substantial renovations. San Jose, California's tenant-friendly Nondisturbance Provision ensures that tenants are not unfairly displaced and includes provisions for compensation or alternative housing arrangements to minimize disruption. 4. Nondisturbance Provision for Property Sale: In the context of property sales, this provision offers protection to tenants by maintaining their rights and lease terms even after the transfer of ownership. It prevents potential eviction attempts by new property owners who might have different plans for the property, providing tenants with peace of mind and stability. San Jose, California's commitment to tenant-friendly Nondisturbance Provisions reflects its dedication to preserving housing stability, preventing unnecessary displacement, and ensuring the rights of tenants are respected. These provisions play a vital role in easing tenant concerns and maintaining a healthy rental market environment that benefits both landlords and tenants alike.
