Conditional Subordination (Commercial Lease) (Pro-Tenant) | Practical Law
Standard Clause favoring the tenant and providing for the conditional subordination of a tenant's lease to any future landlord liens relating to the landlord's mortgage or ground lease that can be included in a lease. The subordination of the lease to the landlord's mortgage or ground lease may be conditioned under certain circumstances on the tenant's receipt of a subordination, non-disturbance, and attornment agreement. This Standard Clause has integrated notes with important drafting and negotiating tips for both landlords and tenants. While leases are generally governed by state law, this jurisdictionally neutral template is useful and relevant in every state.