An attornment clause in a subordination, non-disturbance, and attornment (SNDA) agreement requires the tenant to acknowledge a new owner as their landlord and to
continue paying rent regardless of if the property changes hands.
Kentucky Subordination, Non-Disturbance & Attornment Agreement
Category:
State:
Kentucky
Control #:
KY-117LRS
Format:
Word;
Rich Text
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FAQ
A subordination and non-disturbance agreement outlines the rights of tenants in relation to a lender's interests in the property. It ensures that tenants will not be disturbed by changes in ownership as long as they comply with their lease terms. Such agreements are essential elements of Kentucky Subordination, Non-Disturbance & Attornment Agreements, providing peace of mind for all parties involved.
disturbance agreement is a formal acknowledgment that protects the tenant's rights when ownership of the property changes. This document assures that tenants will not be evicted or have their lease voided due to the landlord's financial distress. Including a nondisturbance agreement in a Kentucky Subordination, NonDisturbance & Attornment Agreement is a proactive approach to securing your tenancy rights.
Non-disturbance refers to the assurance provided to tenants that their occupancy will not be interrupted in case of the landlord's default. This agreement is vital for protecting tenant rights and ensuring uninterrupted operation. When engaged in a Kentucky Subordination, Non-Disturbance & Attornment Agreement, you will find that these provisions enhance the stability of your leasing environment.