attornment in a sentence
n.
📚 Grade Level: Grade 12
Definition
Attornment is the tenant's formal acknowledgment of a new landlord's right to receive rent following a change in property ownership.
Crossword clues for attornment
Crossword clue ideas and answer hints for the word "attornment".
- Tenant's formal acceptance of a new landlord.
- Acknowledgment of a landlord's ownership change.
- Formal recognition of a new rent recipient.
- Agreement to pay rent to a new owner.
- Tenant's consent to landlord transfer.
Attornment sentence examples
- The attornment of the tenant to the new landlord was a crucial step in the property transfer process.
- In legal terms, attornment refers to the tenant's acknowledgment of a new party's right to receive rent.
- The contract included a clause on attornment, ensuring that tenants would recognize any future owners.
- After the sale of the building, the tenants were required to provide written attornment to the new owner.
- Attornment helps maintain the stability of landlord-tenant relationships during ownership changes.
- The attorney explained that attornment could occur automatically when a property is sold.
- To ensure a smooth transition, the landlord issued notices regarding the attornment to all tenants.
- A lack of attornment can lead to confusion and disputes over rental agreements.
- Understanding the concept of attornment is essential for anyone involved in real estate transactions.
- The court ruled in favor of the landlord, stating that the tenant's attornment was valid despite the prior lease agreements.