Document background
A Deed of Attornment is essential when there is a change in property ownership or when a landlord's interest is transferred to a new party. This document, governed by the laws of England and Wales, ensures a smooth transition of landlord-tenant relationships by formally documenting the tenant's acknowledgment of and agreement to pay rent to the new landlord. The deed typically includes details of the original lease, property description, and confirmation of continuing obligations. It's particularly important in commercial property transactions and is often required by lenders as part of security arrangements.
