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 Sacramento California Nondisturbance and Attornment Agreement with a Landlord is a legal document that outlines the rights and obligations of a tenant in the case of a landlord's default or foreclosure on the property. This agreement provides protection to the tenant by ensuring that their lease will remain intact and enforceable, regardless of any changes in ownership or control of the property. Keywords: Sacramento California, Nondisturbance and Attornment Agreement, Landlord, tenant rights, lease, default, foreclosure, protection, ownership, control. There are a few different types of Sacramento California Nondisturbance and Attornment Agreements that can arise, depending on the specific circumstances and parties involved: 1. Tenant Nondisturbance Agreement: This type of agreement is entered into between the tenant and the new owner or lender, and it guarantees the tenant's right to remain in the leased premises without disturbance, even if the property ownership changes due to default or foreclosure. 2. Landlord Nondisturbance Agreement: In this case, the agreement is made between the tenant and the landlord, ensuring that the tenant's lease will not be disturbed or terminated if the landlord defaults on their mortgage or faces foreclosure. This type of agreement provides security to the tenant, allowing them to continue occupying the premises as per the terms of their lease. 3. Lender Nondisturbance Agreement: This agreement is often entered into between the lender and the tenant. In the event of a foreclosure, it protects the tenant's rights by guaranteeing the continuation of the lease, irrespective of the change in property ownership. The lender agrees not to disturb the tenant's occupancy and recognizes the lease as valid and enforceable. Overall, a Sacramento California Nondisturbance and Attornment Agreement with a Landlord is a crucial legal instrument that safeguards the interests of tenants in uncertain times. It provides reassurance to both tenants and landlords, establishing clear guidelines and commitments in the event of default or foreclosure, ensuring the continuity of the lease even with changes in ownership.A Sacramento California Nondisturbance and Attornment Agreement with a Landlord is a legal document that outlines the rights and obligations of a tenant in the case of a landlord's default or foreclosure on the property. This agreement provides protection to the tenant by ensuring that their lease will remain intact and enforceable, regardless of any changes in ownership or control of the property. Keywords: Sacramento California, Nondisturbance and Attornment Agreement, Landlord, tenant rights, lease, default, foreclosure, protection, ownership, control. There are a few different types of Sacramento California Nondisturbance and Attornment Agreements that can arise, depending on the specific circumstances and parties involved: 1. Tenant Nondisturbance Agreement: This type of agreement is entered into between the tenant and the new owner or lender, and it guarantees the tenant's right to remain in the leased premises without disturbance, even if the property ownership changes due to default or foreclosure. 2. Landlord Nondisturbance Agreement: In this case, the agreement is made between the tenant and the landlord, ensuring that the tenant's lease will not be disturbed or terminated if the landlord defaults on their mortgage or faces foreclosure. This type of agreement provides security to the tenant, allowing them to continue occupying the premises as per the terms of their lease. 3. Lender Nondisturbance Agreement: This agreement is often entered into between the lender and the tenant. In the event of a foreclosure, it protects the tenant's rights by guaranteeing the continuation of the lease, irrespective of the change in property ownership. The lender agrees not to disturb the tenant's occupancy and recognizes the lease as valid and enforceable. Overall, a Sacramento California Nondisturbance and Attornment Agreement with a Landlord is a crucial legal instrument that safeguards the interests of tenants in uncertain times. It provides reassurance to both tenants and landlords, establishing clear guidelines and commitments in the event of default or foreclosure, ensuring the continuity of the lease even with changes in ownership.
