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 San Diego Nondisturbance and Attornment Agreement With Landlord is a legal contract that safeguards tenants' rights in case the property they are renting undergoes certain changes. This agreement is typically signed by both the tenant and the landlord, as well as any potential new landlord or mortgagee. The purpose of this agreement is to assure the tenant that their lease will remain valid and enforceable, even if the property is sold or foreclosed upon. It provides the tenant with reassurance that they will not face any unnecessary disruptions or evictions due to changes in ownership or financing. In San Diego, California, there are different types of Nondisturbance and Attornment Agreements that may be utilized depending on the specific circumstances. Some of these variations include: 1. San Diego Residential Nondisturbance and Attornment Agreement: This type of agreement is tailored specifically for residential tenants, providing them with a guarantee that their lease will be honored in the event of a change in ownership or mortgagee. 2. San Diego Commercial Nondisturbance and Attornment Agreement: Designed for commercial tenants, this agreement ensures that their lease will remain intact and enforceable despite any ownership or financing changes. It grants them the right to continue operating their business without unnecessary disruptions. 3. San Diego Subordination, Non-Disturbance, and Attornment Agreement (SODA): This is a comprehensive agreement that combines the elements of subordination, nondisturbance, and attornment. It establishes the priority of interests between the landlord's lender and the tenant, while also safeguarding the tenant's rights in the event of a foreclosure or change in ownership. Keywords: San Diego, California, Nondisturbance and Attornment Agreement, landlord, tenant, property, lease, changes in ownership, financing, sold, foreclosed, Residential, Commercial, Subordination, SODA.A San Diego Nondisturbance and Attornment Agreement With Landlord is a legal contract that safeguards tenants' rights in case the property they are renting undergoes certain changes. This agreement is typically signed by both the tenant and the landlord, as well as any potential new landlord or mortgagee. The purpose of this agreement is to assure the tenant that their lease will remain valid and enforceable, even if the property is sold or foreclosed upon. It provides the tenant with reassurance that they will not face any unnecessary disruptions or evictions due to changes in ownership or financing. In San Diego, California, there are different types of Nondisturbance and Attornment Agreements that may be utilized depending on the specific circumstances. Some of these variations include: 1. San Diego Residential Nondisturbance and Attornment Agreement: This type of agreement is tailored specifically for residential tenants, providing them with a guarantee that their lease will be honored in the event of a change in ownership or mortgagee. 2. San Diego Commercial Nondisturbance and Attornment Agreement: Designed for commercial tenants, this agreement ensures that their lease will remain intact and enforceable despite any ownership or financing changes. It grants them the right to continue operating their business without unnecessary disruptions. 3. San Diego Subordination, Non-Disturbance, and Attornment Agreement (SODA): This is a comprehensive agreement that combines the elements of subordination, nondisturbance, and attornment. It establishes the priority of interests between the landlord's lender and the tenant, while also safeguarding the tenant's rights in the event of a foreclosure or change in ownership. Keywords: San Diego, California, Nondisturbance and Attornment Agreement, landlord, tenant, property, lease, changes in ownership, financing, sold, foreclosed, Residential, Commercial, Subordination, SODA.
