This office lease form states that the landlord has entered into a certain agreement of lease with the tenant as sublessor. The tenant, as sublessor, has entered into a certain sublease agreement with the sublessee. In the event of termination of the lease, the sublessee agrees to attorn to and accept the landlord as its direct landlord under the lease for the balance then remaining of the term of the Lease, and the sublessee shall assume all of the terms and conditions of the Lease, except that sublessee shall have no liability for any defaults of Tenant prior to the date of attornment.
Los Angeles, California Nondisturbance and Attornment Agreement With Landlord is a legal document that protects tenants' rights in the event of a property's change in ownership or foreclosure. This agreement ensures that the tenant can continue to occupy the leased premises without disturbance from the new property owner or lender. In Los Angeles, California, there are generally two types of Nondisturbance and Attornment Agreements that tenants should be aware of: 1. Commercial Nondisturbance and Attornment Agreement: This type of agreement is commonly used in commercial real estate leases. It offers tenants protection by ensuring that their rights and leasehold interests will not be adversely affected by any changes in the property's ownership. In the event of foreclosure or change in ownership, the new landlord or subsequent purchaser must recognize the tenant's lease and its terms. 2. Residential Nondisturbance and Attornment Agreement: Residential tenants in Los Angeles, California can also benefit from a similar Nondisturbance and Attornment Agreement. This agreement is particularly important in cases where a property is subject to foreclosure. By signing this agreement, the tenant ensures that their lease will be recognized and honored by the new owner or lender, allowing them to remain in the leased premises without disturbance or eviction. A Nondisturbance and Attornment Agreement typically includes several key provisions that safeguard the tenant's rights. These may include: 1. Recognition of the Lease: The agreement states that the new owner or subsequent purchaser acknowledges and agrees to recognize the tenant's lease as a valid and binding contract. 2. Continuation of Lease Terms: The agreement ensures that all the terms and conditions of the original lease, such as rent amount, lease duration, renewal options, and other provisions, will remain in effect throughout the lease term. 3. Tenant's Obligations: The Nondisturbance and Attornment Agreement usually require the tenant to continue performing their obligations under the lease, such as paying rent and maintaining the leased premises. 4. Notice of Change in Ownership: The agreement may require the landlord or lender to provide written notice to the tenant in the event of any change in ownership or foreclosure proceedings. 5. Protection Against Eviction: The agreement provides tenants with protection against eviction by the new owner or lender, ensuring that they can remain in the property as long as they comply with the terms of their lease. In conclusion, a Los Angeles, California Nondisturbance and Attornment Agreement with the landlord is a crucial legal document that safeguards tenants' rights in the face of foreclosure or changes in property ownership. It ensures that the tenant's lease remains intact and that they can continue occupying the leased premises undisturbed by any subsequent purchaser or lender. Commercial and residential tenants should carefully review and consider signing a Nondisturbance and Attornment Agreement to protect their interests and secure their occupancy rights.Los Angeles, California Nondisturbance and Attornment Agreement With Landlord is a legal document that protects tenants' rights in the event of a property's change in ownership or foreclosure. This agreement ensures that the tenant can continue to occupy the leased premises without disturbance from the new property owner or lender. In Los Angeles, California, there are generally two types of Nondisturbance and Attornment Agreements that tenants should be aware of: 1. Commercial Nondisturbance and Attornment Agreement: This type of agreement is commonly used in commercial real estate leases. It offers tenants protection by ensuring that their rights and leasehold interests will not be adversely affected by any changes in the property's ownership. In the event of foreclosure or change in ownership, the new landlord or subsequent purchaser must recognize the tenant's lease and its terms. 2. Residential Nondisturbance and Attornment Agreement: Residential tenants in Los Angeles, California can also benefit from a similar Nondisturbance and Attornment Agreement. This agreement is particularly important in cases where a property is subject to foreclosure. By signing this agreement, the tenant ensures that their lease will be recognized and honored by the new owner or lender, allowing them to remain in the leased premises without disturbance or eviction. A Nondisturbance and Attornment Agreement typically includes several key provisions that safeguard the tenant's rights. These may include: 1. Recognition of the Lease: The agreement states that the new owner or subsequent purchaser acknowledges and agrees to recognize the tenant's lease as a valid and binding contract. 2. Continuation of Lease Terms: The agreement ensures that all the terms and conditions of the original lease, such as rent amount, lease duration, renewal options, and other provisions, will remain in effect throughout the lease term. 3. Tenant's Obligations: The Nondisturbance and Attornment Agreement usually require the tenant to continue performing their obligations under the lease, such as paying rent and maintaining the leased premises. 4. Notice of Change in Ownership: The agreement may require the landlord or lender to provide written notice to the tenant in the event of any change in ownership or foreclosure proceedings. 5. Protection Against Eviction: The agreement provides tenants with protection against eviction by the new owner or lender, ensuring that they can remain in the property as long as they comply with the terms of their lease. In conclusion, a Los Angeles, California Nondisturbance and Attornment Agreement with the landlord is a crucial legal document that safeguards tenants' rights in the face of foreclosure or changes in property ownership. It ensures that the tenant's lease remains intact and that they can continue occupying the leased premises undisturbed by any subsequent purchaser or lender. Commercial and residential tenants should carefully review and consider signing a Nondisturbance and Attornment Agreement to protect their interests and secure their occupancy rights.
