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 Santa Clara California Nondisturbance and Attornment Agreement with a Landlord is a legal document that helps protect the rights of a tenant in the event of a landlord change or transfer of ownership. This agreement ensures that the tenant's lease remains valid and enforceable, even if the property gets sold or transferred to another landlord. In Santa Clara, California, there are different types of Nondisturbance and Attornment Agreements that cater to specific situations. These may include: 1. Commercial Nondisturbance and Attornment Agreement: This type of agreement is used when the tenant is leasing a commercial property, such as an office space, retail store, or industrial unit, in Santa Clara. It safeguards the tenant's rights and lease terms in the event of a change in ownership or foreclosure. 2. Residential Nondisturbance and Attornment Agreement: This agreement is relevant for tenants residing in residential properties, such as apartments, condos, or houses, in Santa Clara. It ensures the tenant's lease remains intact and unaffected by any landlord changes, ensuring continued residency and adherence to lease terms. 3. Triple Net (NNN) Lease Nondisturbance and Attornment Agreement: NNN leases are commonly used in commercial real estate, particularly for long-term leases. This agreement provides additional protection to tenants who have a triple net lease agreement, which typically requires them to cover property expenses like property taxes, insurance, and maintenance costs. The Nondisturbance and Attornment Agreement ensures these tenant responsibilities and lease terms are honored, regardless of landlord changes. 4. Subordination, Non-Disturbance, and Attornment (SODA) Agreement: SODA agreements combine three elements into a single agreement. The subordination clause ensures the tenant's lease is subordinate to any mortgage or loan on the property, protecting the lender's interests. The non-disturbance clause guarantees that the tenant's rights won't be disturbed in the event of a foreclosure or change in ownership. Lastly, the attornment clause signifies the tenant's agreement to recognize and cooperate with a new landlord while maintaining their lease terms. In conclusion, a Santa Clara California Nondisturbance and Attornment Agreement with a Landlord safeguards the rights of tenants and ensures the continuity of lease terms even in the face of landlord changes or property transfers. Various types of agreements cater to different situations, such as commercial leases, residential leases, triple net leases, or agreements encompassing subordination as well.A Santa Clara California Nondisturbance and Attornment Agreement with a Landlord is a legal document that helps protect the rights of a tenant in the event of a landlord change or transfer of ownership. This agreement ensures that the tenant's lease remains valid and enforceable, even if the property gets sold or transferred to another landlord. In Santa Clara, California, there are different types of Nondisturbance and Attornment Agreements that cater to specific situations. These may include: 1. Commercial Nondisturbance and Attornment Agreement: This type of agreement is used when the tenant is leasing a commercial property, such as an office space, retail store, or industrial unit, in Santa Clara. It safeguards the tenant's rights and lease terms in the event of a change in ownership or foreclosure. 2. Residential Nondisturbance and Attornment Agreement: This agreement is relevant for tenants residing in residential properties, such as apartments, condos, or houses, in Santa Clara. It ensures the tenant's lease remains intact and unaffected by any landlord changes, ensuring continued residency and adherence to lease terms. 3. Triple Net (NNN) Lease Nondisturbance and Attornment Agreement: NNN leases are commonly used in commercial real estate, particularly for long-term leases. This agreement provides additional protection to tenants who have a triple net lease agreement, which typically requires them to cover property expenses like property taxes, insurance, and maintenance costs. The Nondisturbance and Attornment Agreement ensures these tenant responsibilities and lease terms are honored, regardless of landlord changes. 4. Subordination, Non-Disturbance, and Attornment (SODA) Agreement: SODA agreements combine three elements into a single agreement. The subordination clause ensures the tenant's lease is subordinate to any mortgage or loan on the property, protecting the lender's interests. The non-disturbance clause guarantees that the tenant's rights won't be disturbed in the event of a foreclosure or change in ownership. Lastly, the attornment clause signifies the tenant's agreement to recognize and cooperate with a new landlord while maintaining their lease terms. In conclusion, a Santa Clara California Nondisturbance and Attornment Agreement with a Landlord safeguards the rights of tenants and ensures the continuity of lease terms even in the face of landlord changes or property transfers. Various types of agreements cater to different situations, such as commercial leases, residential leases, triple net leases, or agreements encompassing subordination as well.
