King Washington Attornment Provision in a Sublease

State:
Multi-State
County:
King
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.

The King Washington Attornment Provision, also known as a Subordination, Non-Disturbance, and Attornment Agreement (SODA), is a clause commonly included in sublease agreements. This provision defines the relationship between the original landlord (the "King Washington"), the sublandlord (the "original tenant"), and the subtenant (the "attorning tenant"). The purpose of this provision is to protect the subtenant's rights in the event of a default by the original tenant or termination of the original lease. It ensures that the subtenant will recognize and attorn to the King Washington as the new landlord, granting them the same rights and obligations as the original tenant. By including the King Washington Attornment Provision in a sublease, the parties involved are protecting their interests. The King Washington benefits from this provision as it ensures that they continue receiving rent from the subtenant if the original tenant defaults or the master lease terminates. The original tenant is also protected as the subtenant's attornment to the King Washington prevents the subtenant from claiming independence and terminating the sublease due to any issues with the original tenant. There are different types of King Washington Attornment Provisions in a Sublease, depending on the specific needs and circumstances of the parties involved. These may include: 1. Full Attornment Provision: This type of provision requires the subtenant to attorn to the King Washington as the new landlord in case of a default by the original tenant or lease termination. The subtenant agrees to recognize the King Washington as the landlord and fulfill their obligations under the original lease terms. 2. Partial Attornment Provision: In some cases, the subtenant may be required to attorn to the King Washington only if certain conditions are met. For example, if the original tenant defaults on rent payments for a specified period, the subtenant would be obligated to attorn to the King Washington. 3. Limited Attornment Provision: This provision limits the subtenant's obligation to attornment only in case of a change in ownership of the property. It may not cover defaults by the original tenant or other lease termination events. 4. Conditional Attornment Provision: This type of provision imposes certain conditions that must be met by the King Washington for the subtenant's attornment to take effect. Such conditions could include ensuring the subtenant's rights and obligations under the original lease are honored. In conclusion, the King Washington Attornment Provision in a Sublease is an important clause that protects the interests of all parties involved. It ensures that the subtenant recognizes and attorns to the King Washington as the new landlord, thereby safeguarding their rights and obligations in case of default or termination of the original lease. Different types of attornment provisions exist to meet specific requirements and circumstances, providing flexibility in addressing various situations that may arise during the sublease term.

The King Washington Attornment Provision, also known as a Subordination, Non-Disturbance, and Attornment Agreement (SODA), is a clause commonly included in sublease agreements. This provision defines the relationship between the original landlord (the "King Washington"), the sublandlord (the "original tenant"), and the subtenant (the "attorning tenant"). The purpose of this provision is to protect the subtenant's rights in the event of a default by the original tenant or termination of the original lease. It ensures that the subtenant will recognize and attorn to the King Washington as the new landlord, granting them the same rights and obligations as the original tenant. By including the King Washington Attornment Provision in a sublease, the parties involved are protecting their interests. The King Washington benefits from this provision as it ensures that they continue receiving rent from the subtenant if the original tenant defaults or the master lease terminates. The original tenant is also protected as the subtenant's attornment to the King Washington prevents the subtenant from claiming independence and terminating the sublease due to any issues with the original tenant. There are different types of King Washington Attornment Provisions in a Sublease, depending on the specific needs and circumstances of the parties involved. These may include: 1. Full Attornment Provision: This type of provision requires the subtenant to attorn to the King Washington as the new landlord in case of a default by the original tenant or lease termination. The subtenant agrees to recognize the King Washington as the landlord and fulfill their obligations under the original lease terms. 2. Partial Attornment Provision: In some cases, the subtenant may be required to attorn to the King Washington only if certain conditions are met. For example, if the original tenant defaults on rent payments for a specified period, the subtenant would be obligated to attorn to the King Washington. 3. Limited Attornment Provision: This provision limits the subtenant's obligation to attornment only in case of a change in ownership of the property. It may not cover defaults by the original tenant or other lease termination events. 4. Conditional Attornment Provision: This type of provision imposes certain conditions that must be met by the King Washington for the subtenant's attornment to take effect. Such conditions could include ensuring the subtenant's rights and obligations under the original lease are honored. In conclusion, the King Washington Attornment Provision in a Sublease is an important clause that protects the interests of all parties involved. It ensures that the subtenant recognizes and attorns to the King Washington as the new landlord, thereby safeguarding their rights and obligations in case of default or termination of the original lease. Different types of attornment provisions exist to meet specific requirements and circumstances, providing flexibility in addressing various situations that may arise during the sublease term.

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 state has its laws and regulations for every life situation, locating a King Attornment Provision in a Sublease suiting all local requirements can be exhausting, and ordering it from a professional lawyer is often expensive. Numerous web services offer the most popular state-specific templates for download, but using the US Legal Forms library is most beneficial.

US Legal Forms is the most comprehensive web catalog of templates, collected by states and areas of use. Aside from the King Attornment Provision in a Sublease, here you can find any specific form to run your business or individual deeds, complying with your regional requirements. Specialists check all samples for their actuality, so you can be certain to prepare your documentation correctly.

Using the service is pretty straightforward. If you already have an account on the platform and your subscription is valid, you only need to log in, opt for the required form, and download it. You can get the document in your profile at any time in the future. Otherwise, if you are new to the platform, there will be a few more actions to complete before you obtain your King Attornment Provision in a Sublease:

  1. Examine the content of the page you’re on.
  2. Read the description of the template or Preview it (if available).
  3. Look for another form using the related option in the header.
  4. Click Buy Now once you’re certain in the chosen document.
  5. Select the subscription plan that suits you most.
  6. Create an account on the platform or log in to proceed to payment options.
  7. Make a payment via PalPal or with your credit card.
  8. Change the file format if needed.
  9. Click Download to save the King Attornment Provision in a Sublease.
  10. Print the sample or use any preferred online editor to fill it out electronically.

No matter how many times you need to use the purchased document, you can find all the files you’ve ever downloaded in your profile by opening the My Forms tab. Give it a try!

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

King Washington Attornment Provision in a Sublease