Ground Lease Subordination, Non-Disturbance and Attornment Agreement (Pro-Lender/Pro-Ground Lessor) | Practical Law

Ground Lease Subordination, Non-Disturbance and Attornment Agreement (Pro-Lender/Pro-Ground Lessor) | Practical Law

A subordination, non-disturbance, and attornment agreement outlining the lien priority between a ground lessee's leasehold lender and a subtenant of the ground leased property. This Standard Document also preserves the subtenant's right to occupy the subleased premises if there is a foreclosure by the leasehold lender or if the ground lease terminates. State and local laws govern the enforceability and interpretation of subordination, non-disturbance, and attornment agreements, but this Standard Document is relevant and useful in every state. Although this Standard Document is drafted in favor of the lender and the ground lessor, it has integrated notes with explanatory drafting and negotiating tips for lenders, ground lessors, and subtenants.

Ground Lease Subordination, Non-Disturbance and Attornment Agreement (Pro-Lender/Pro-Ground Lessor)

by Practical Law Real Estate
MaintainedUSA (National/Federal)
A subordination, non-disturbance, and attornment agreement outlining the lien priority between a ground lessee's leasehold lender and a subtenant of the ground leased property. This Standard Document also preserves the subtenant's right to occupy the subleased premises if there is a foreclosure by the leasehold lender or if the ground lease terminates. State and local laws govern the enforceability and interpretation of subordination, non-disturbance, and attornment agreements, but this Standard Document is relevant and useful in every state. Although this Standard Document is drafted in favor of the lender and the ground lessor, it has integrated notes with explanatory drafting and negotiating tips for lenders, ground lessors, and subtenants.