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It can! The attornment provision can clarify your rights and duties to the new landlord. So, it pays to read the fine print.
Look out for how the clause is worded. You don’t want any vague terms that could leave you hanging if things go awry.
Yes, it’s pretty common. Most landlords and tenants prefer to have a clear plan for what happens if ownership changes hands.
Without it, you could find yourself in a bind. If the property is sold, the new landlord might not honor your agreement, and you'd need to start from scratch.
Absolutely! It’s your lease too. You can try to tweak the language to better suit your needs before signing on the dotted line.
Tenants should care because it gives them security. If the property gets sold, they won't be left in the lurch; their rights as tenants will continue under the new landlord.
An attornment provision simply makes sure that if the landlord sells the property, the new owner takes over the existing agreements. It’s like passing the baton in a relay race.
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Orlando Florida Attornment Provision in a Sublease