Sublandlord boots Kent Swig from Midtown office

Real estate developer Kent Swig needs to find an office for his firm after being kicked to the curb by its Midtown ...
Australian Broadcasting Corporation

Company acting as 'sublandlord' accused of creating invalid sublet agreements in Hobart

A New South Wales-registered company has been creating "sublet agreements" in rental properties in Hobart, describing itself as a "sublandlord". The Tasmanian Tenants' Union argues the agreements are ...
Commercial Observer

‘R’ Is for Recognition Agreement

Last month we talked about the SNDA (subordination, nondisturbance and attornment) agreement, a device by which a tenant can protect its leasehold interests from termination by a defaulting landlord’s ...
Observer

Part 2! Dealing with a Financially Challenged Landlord (or Sublandlord)

In Part 1 of this column in September, we highlighted tenant protections against a landlord in distress, in particular use In Part 1 of this column in September, we highlighted tenant protections ...
Commercial Observer

Part 2! Dealing with a Financially Challenged Landlord (or Sublandlord)

In Part 1 of this column in September, we highlighted tenant protections against a landlord in distress, in particular use of the Subordination, Non-Disturbance and Attornment Agreement, or SNDA.
Observer

Part 2! Dealing with a Financially Challenged Landlord (or Sublandlord)

WHO IS LIKELY to get a Recognition Agreement and what does this new relationship look like? As in the case of the lender who has granted an SNDA, the landlord in its Recognition Agreement declares it ...