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.
A Nassau New York Nondisturbance and Attornment Agreement with a landlord is a legal document that establishes the rights and obligations of a tenant in the event of a change in ownership or foreclosure of a property. This agreement aims to protect the tenant from any disturbance or disruption to their tenancy rights by ensuring that they can continue occupying the premises. Keywords: Nassau New York, Nondisturbance and Attornment Agreement, landlord, tenant, rights, obligations, change in ownership, foreclosure, protect, disturbance, disruption, tenancy rights, premises. In Nassau, New York, there are two primary types of Nondisturbance and Attornment Agreements available to tenants: 1. Nondisturbance Agreement: A Nondisturbance Agreement, also known as a Non-Disturbance Covenant, ensures that the tenant's lease agreement will remain in effect, and their tenancy rights will not be disturbed in the event of a change in ownership or foreclosure of the property. This agreement is typically entered into between the tenant and the landlord's lender or the new property owner. It provides the tenant with security and peace of mind, knowing that their lease terms will be honored regardless of any ownership changes. 2. Attornment Agreement: An Attornment Agreement is an arrangement where the tenant agrees to recognize and attorn to a new landlord or owner in the event of a change in ownership or foreclosure. It establishes a legal relationship between the tenant and the new landlord, ensuring that the tenant will continue to pay rent and fulfill their obligations under the lease agreement to the new property owner. This agreement protects both the new landlord and the tenant in a seamless transition of ownership. Both types of agreements, Nondisturbance Agreement and Attornment Agreement, are often combined into a single document — the Nondisturbance and Attornment Agreement. This comprehensive agreement serves as a legal safeguard for the tenant and provides a smooth transition in case of any change in ownership or foreclosure situations. By signing this agreement, the tenant grants their attornment and recognizes the new landlord while ensuring the non-disturbance of their lease rights. Overall, a Nassau New York Nondisturbance and Attornment Agreement with a landlord is a crucial legal document that protects the rights of tenants and provides them with security in case of any changes in property ownership or foreclosure. It is instrumental in maintaining the continuity of the tenant's lease agreement and ensuring a smooth transition between landlords, ultimately contributing to a stable and secure tenancy experience.A Nassau New York Nondisturbance and Attornment Agreement with a landlord is a legal document that establishes the rights and obligations of a tenant in the event of a change in ownership or foreclosure of a property. This agreement aims to protect the tenant from any disturbance or disruption to their tenancy rights by ensuring that they can continue occupying the premises. Keywords: Nassau New York, Nondisturbance and Attornment Agreement, landlord, tenant, rights, obligations, change in ownership, foreclosure, protect, disturbance, disruption, tenancy rights, premises. In Nassau, New York, there are two primary types of Nondisturbance and Attornment Agreements available to tenants: 1. Nondisturbance Agreement: A Nondisturbance Agreement, also known as a Non-Disturbance Covenant, ensures that the tenant's lease agreement will remain in effect, and their tenancy rights will not be disturbed in the event of a change in ownership or foreclosure of the property. This agreement is typically entered into between the tenant and the landlord's lender or the new property owner. It provides the tenant with security and peace of mind, knowing that their lease terms will be honored regardless of any ownership changes. 2. Attornment Agreement: An Attornment Agreement is an arrangement where the tenant agrees to recognize and attorn to a new landlord or owner in the event of a change in ownership or foreclosure. It establishes a legal relationship between the tenant and the new landlord, ensuring that the tenant will continue to pay rent and fulfill their obligations under the lease agreement to the new property owner. This agreement protects both the new landlord and the tenant in a seamless transition of ownership. Both types of agreements, Nondisturbance Agreement and Attornment Agreement, are often combined into a single document — the Nondisturbance and Attornment Agreement. This comprehensive agreement serves as a legal safeguard for the tenant and provides a smooth transition in case of any change in ownership or foreclosure situations. By signing this agreement, the tenant grants their attornment and recognizes the new landlord while ensuring the non-disturbance of their lease rights. Overall, a Nassau New York Nondisturbance and Attornment Agreement with a landlord is a crucial legal document that protects the rights of tenants and provides them with security in case of any changes in property ownership or foreclosure. It is instrumental in maintaining the continuity of the tenant's lease agreement and ensuring a smooth transition between landlords, ultimately contributing to a stable and secure tenancy experience.
