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The correct term is "subordination". This is an agreement signed by a tenant and landlord of commercial property which is a recognition on the part of the tenant that the lease is subordinate to any mortgage which the landlord has or may in the future place on the property. Lenders sometimes want this so that the tenant recognizes that the lease does not have priority over a mortgage granted by the lender. The non disturbance agreement generally signed by the lender and/or landlord which indicates that so long as the tenant is not in default of the lease, the possession of the tenant will not be "disturbed" or in other words, the tenant will be allowed to remain in the premises even if the landlord should be in default of the mortgage.
What else can I help you with?
Where to download non compete agreement template?
You can find non compete agreement templates at your local legal business service which may be provided by local lawyers in the area who are willing to help you do your business.
Can a non disclosure agreement be made with a virtual business?
Yes, a non-disclosure agreement (NDA) can be made with a virtual business, just like with any other entity. The key is to ensure that the agreement is clearly drafted and signed by both parties, regardless of their physical locations. Electronic signatures are typically valid, and the agreement can be executed digitally. It's important to include specific terms about confidentiality and the type of information being protected.
How is a non disclosure agreement an important tool for business?
It clearly defines for all parties exactly what information is to be considered confidential (apex)
What is an example of a small scale disturbance in a community?
A small scale disturbance in a community would be kids squealing their tires at night. These are things that are more annoying than destructive.
How is a non-disclosure agreement an important tool for businesses?
It clearly defines for all parties exactly what information is to be considered confidential (apex)
What is a non-disclousure agreement?
A non-disclosure agreement (NDA), also known as a confidentiality agreement confidential disclosure agreement (CDA).
Non agression pact?
A non-aggression pact is an agreement or treaty which states there will be no fighting between those who made the agreement.
Was a non-importance agreement boycott effective with the townshend acts?
was a non-importance agreement boycott effective with the Townshend acts
Agreement between slave and non-slave states?
There was no agreement only the Civil War
What are the key provisions that should be included in a non-disclosure agreement for employees?
A non-disclosure agreement for employees should include provisions that outline the confidential information they will have access to, the purpose of the agreement, the obligations of the employee to keep information confidential, the consequences of breaching the agreement, and the duration of the agreement.
What does NDA refer to?
Non-Disclosure Agreement
If you have not signed a non compete can you compete?
can you compete if you have not signed a non compete agreement
What was Gentleman's agreement?
It is a a non formal and a legally non-binding agreement between two or more parties. It is usually oral and relies on the honour of the parties for its fulfillment
What has the author Julie Dodds written?
Julie Dodds has written: 'The extent of body image disturbance and eating disturbance in male non-competitive body builders, when compared with females with eating disorders'
Can attorneys and non-attorneys split fees if there is a clear agreement and client acknowledges this?
Yes they can if they have an agreement of such sort better yet written agreement.
What is the full form of the acronym NDA?
The acronym for NDA is 'non-disclosure agreement.' A non-disclosure agreement is a secret agreement between two parties to restrict third parties from accessing the respective information outlined in the contract.
How do you sell non exclusive rights?
Usually, a non-exclusive agreement will specify that it is not transferrable.
