Exchange Currency

attornment

A tenant's formal agreement to be a tenant of a new landlord. For example, if a previous landlord defaults and the property is foreclosed upon, the new owner may ask all tenants to sign a letter of attornment indicating they recognize the new landlord.

Related information about attornment:
  1. Attornment - Wikipedia, the free encyclopedia
    Attornment (from Fr. tourner, "to turn"), in English real property law, is the acknowledgment of a new lord by the tenant on the alienation of land. Under the feudal ...
     
  2. Attornment Definition | Investopedia
    The act of granting authority or jurisdiction to a party even though no legal rights exist. Attornment most commonly relates to laws regulating real property and is ...
     
  3. Attornment - definition of Attornment by the Free Online Dictionary ...
    intr.v. at·torned, at·torn·ing, at·torns. To agree to remain as a tenant of property after the transfer of its ownership. [Middle English attournen, from Old French ...
     
  4. What is attornment? definition and meaning
    Definition of attornment: Expressed or implied consent to a transfer of right, such as where a tenant accepts to be a tenant of a new landlord by continuing to ...
     
  5. Subordination, Non-Disturbance and Attornment Agreements
    and attornment agreements (whether use of the lender's forms is “required” or ... though, the desire of the lender to procure “subordination and attornment” ...
     
  6. The Benefits of Subordination, Non-Disturbance and Attornment ...
    Jun 15, 2009 ... An introduction to leasing property, attornment, subordination, non-disturbance, and sample agreements to get you started.
     
  7. The Basics of Subordination, Nodisturbance and Attornment ...
    May 10, 2010 ... Subordination, non-disturbance and attornment agreements (“SNDAs”) are used to adjust the priorities between commercial tenants and ...
     
  8. NON-DISTURBANCE AND ATTORNMENT ... - Freddie Mac
    THIS FORM NONDISTURBANCE AND ATTORNMENT AGREEMENT HAS BEEN PREPARED BY. FREDDIE MAC FOR INFORMATIONAL PURPOSES ONLY.