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Deed Of Attornment
"I need a Deed of Attornment for a commercial office building in Dublin that I'm purchasing on March 15, 2025, which has three existing tenants; the document needs to maintain all current lease terms and include provisions for updated service charge arrangements."
1. Parties: Identifies all parties to the deed: the new landlord, the existing tenant, and often the original landlord
2. Background/Recitals: Sets out the context including: original lease details, transfer of property to new landlord, and reason for attornment
3. Definitions: Defines key terms used in the deed, including reference to the original lease, property, and relevant dates
4. Confirmation of Property Transfer: Formal confirmation of the transfer of the property from original to new landlord
5. Attornment: The tenant's formal acknowledgment of the new landlord and agreement to pay rent to them
6. Covenant by New Landlord: New landlord's commitment to perform landlord obligations under the original lease
7. Continuation of Lease Terms: Confirmation that original lease terms remain in force
8. Execution: Formal execution blocks for all parties with witness requirements
1. Variation of Lease Terms: Include if any terms of the original lease are being modified as part of the attornment
2. Outstanding Payments: Include if there are any provisions regarding outstanding rent or other payments
3. Service of Notices: Include if new contact details or notice procedures need to be established
4. Bank Account Details: Include if new rent payment details need to be documented
5. Guarantor Confirmation: Include if the original lease has a guarantor who needs to confirm continuing obligations
1. Schedule 1 - Property Description: Detailed description of the property as contained in the original lease
2. Schedule 2 - Original Lease: Copy or details of the original lease including any variations
3. Schedule 3 - Transfer Documentation: Details of the property transfer to the new landlord
4. Appendix A - Plan: Property plans or maps if referenced in the document
Authors
Real Estate
Commercial Property
Residential Property
Retail
Office Space
Industrial
Hospitality
Healthcare
Education
Manufacturing
Legal
Property Management
Real Estate Operations
Facilities Management
Asset Management
Tenant Relations
Corporate Services
Administrative Support
Risk Management
Compliance
Property Manager
Real Estate Lawyer
Legal Counsel
Facilities Manager
Asset Manager
Property Director
Leasing Manager
Real Estate Portfolio Manager
Commercial Property Manager
Tenant Relations Manager
Legal Administrator
Company Secretary
Real Estate Operations Manager
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