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attornment

   Also found in: Dictionary/thesaurus, Financial, Wikipedia 0.01 sec.
attornment noun agreement, arrangement, commitment, compact, condition, deal, liability, prerequisite, provision, proviso, requisite, stipulation, understanding

ATTORNMENT, estates. Was the agreement of the tenant to the grant of the seignory, or of a rent, or the agreement of the donee in tail, or tenant for life, or years, to a grant of a reversion or of a remainder made to another. Co. Litt. 309; Touchs. 253. Attornments are rendered unnecessary, even in England, by virtue of sundry statutes, and they are abolished in the United States. 4 Kent, Com. 479; 1 Hill. Ab. 128, 9. Vide 3 Vin. Ab. 317; 1 Vern. 330, n.; Saund. 234, n. 4; Roll. Ab. h.t.; Nelson's Ab. h.t.; Com. Dig. h.t.
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Additionally, and in lieu of a blanket recognition, the Fee Owner may agree to enter into a recognition, non-disturbance and attornment agreement with a Subtenant who meets the same criteria noted above (a "Recognition Agreement").
Avoid getting burned with ground-floor leasing by Hoof, Churchill / Real Estate Weekly
A selection of topics discussed includes attornment, community property, distraint, ejectment, public utilities claims, quiet enjoyment, and written disclosure.
State-by-state guide to commercial real estate leases, 2d ed by Reference & Research Book News
Reserve draws, lease approvals and Subordination, Non-Disturbance and Attornment Agreements (SNDAs) occur somewhat less frequently and require more active management.
Does anyone (other than the borrowers) care about servicing quality? by Berger, Stacey M. / Mortgage Banking
 
 
 
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