223:
24:
170:
refers to an acknowledgment of the existence of the relationship of landlord and tenant. A tenant often has the duty under the tenant's lease, particularly in commercial leases, to provide an attornment upon request, and is required by a creditor or potential buyer of property from the landlord to
198:
Attornment in commercial real estate is generally used in the context of a subordination, non-disturbance and attornment agreement (SNDA), which protects both the tenant and the lender in the event the landlord defaults on its commercial lending obligations. The lease remains in full force and
143:
and tenant were to a certain extent reciprocal. So it was considered unreasonable to the tenant to subject him to a new lord without his own approval, and it thus came about that alienation could not take place without the consent of the tenant. Attornment was also extended to all cases of
179:
process associated with the transaction. Frequently, a tenant must declare the existence of any outstanding disputes with the landlord at the time the attornment is executed and waives any dispute not declared at that time.
238:
243:
159:, an attornment clause is a clause whereby the mortgagor attorns tenant to the mortgagee, thus giving the mortgagee the right to
183:
A request for an attornment from a tenant which is refused can be used by a landlord as a basis for establishing grounds for
88:
149:
60:
274:
107:
67:
45:
269:
74:
41:
264:
56:
132:
34:
228:
One or more of the preceding sentences incorporates text from a publication now in the
192:
187:
on the grounds of insecurity that the lease will be honored, or the existence of an actual
8:
188:
81:
258:
234:
229:
176:
128:
172:
148:
for life or for years. The necessity for attornment was abolished by the
247:. Vol. 2 (11th ed.). Cambridge University Press. p. 887.
160:
175:
on and income streams flowing from a property, as an element of the
23:
184:
156:
140:
145:
136:
131:, is the acknowledgment of a new lord by the tenant on the
48:. Unsourced material may be challenged and removed.
256:
166:As used in modern legal transactions, the term
108:Learn how and when to remove this message
233:
216:
214:
212:
257:
209:
46:adding citations to reliable sources
17:
13:
150:Administration of Justice Act 1705
14:
286:
171:establish the nature of existing
221:
22:
33:needs additional citations for
127:, "to turn"), in English real
1:
202:
191:suitable for resolution in a
163:, as an additional security.
7:
10:
291:
139:system, the relations of
275:Legal history of England
244:Encyclopædia Britannica
270:English property law
193:declaratory judgment
42:improve this article
189:case or controversy
135:of land. Under the
265:Real property law
118:
117:
110:
92:
282:
249:
248:
227:
225:
224:
218:
113:
106:
102:
99:
93:
91:
50:
26:
18:
290:
289:
285:
284:
283:
281:
280:
279:
255:
254:
253:
252:
237:, ed. (1911). "
222:
220:
219:
210:
205:
114:
103:
97:
94:
51:
49:
39:
27:
12:
11:
5:
288:
278:
277:
272:
267:
251:
250:
235:Chisholm, Hugh
207:
206:
204:
201:
116:
115:
30:
28:
21:
9:
6:
4:
3:
2:
287:
276:
273:
271:
268:
266:
263:
262:
260:
246:
245:
240:
236:
231:
230:public domain
217:
215:
213:
208:
200:
196:
194:
190:
186:
181:
178:
177:due diligence
174:
169:
164:
162:
158:
153:
151:
147:
142:
138:
134:
130:
126:
123:(from French
122:
112:
109:
101:
90:
87:
83:
80:
76:
73:
69:
66:
62:
59: –
58:
54:
53:Find sources:
47:
43:
37:
36:
31:This article
29:
25:
20:
19:
16:
242:
197:
182:
173:encumbrances
167:
165:
154:
129:property law
124:
120:
119:
104:
95:
85:
78:
71:
64:
57:"Attornment"
52:
40:Please help
35:verification
32:
15:
259:Categories
239:Attornment
203:References
168:attornment
133:alienation
121:Attornment
68:newspapers
157:mortgages
98:June 2017
199:effect.
195:action.
185:eviction
161:distrain
141:landlord
232::
146:lessees
125:tourner
82:scholar
226:
137:feudal
84:
77:
70:
63:
55:
89:JSTOR
75:books
61:news
241:".
155:In
44:by
261::
211:^
152:.
111:)
105:(
100:)
96:(
86:·
79:·
72:·
65:·
38:.
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
