Non Disturbance Agreement Law and Legal Definition
Non disturbance agreement refers to an agreement between a tenant and the landlord’s lender to ensure the tenant will remain in possession of the leased property, despite any foreclosure action against the landlord. For example, a tenant who thinks that s/he will be evicted in his /her landlord go bankrupt can insist on a nondisturbance clause so the lease would continue in the event of foreclosure. The non-disturbance portion assures tenants that their rights to the premises will be preserved (“nondisturbed”) on specified conditions within their control, even if the landlord defaults on its loan and the lender forecloses.
Non disturbance agreement can also refer to an agreement in a sales contract, where the seller retains mineral rights, that provides that exploration of minerals will not interfere with surface development.
Legal Definition list
- Non Disparagement Agreement
- Non Disclosure Agreement
- Non Debet Actori Licere, Quod Reo Non Permittitur
- Non Debeo Melioris Conditionis Esse, Quam Auctor Meus A Quo Jus In Me Transit
- Non Damnificatus
- Non Disturbance Agreement
- Non Est Factum
- Non Exclusive License
- Non Exempt
- Non Exempt Status Employee
- Non Existing Payee
Related Legal Terms
- Ab Abusu Ad Usum Non Valet Consequentia
- Ab Assuestis Non Fit Injuria
- Absoluta Sententia Expositore Non Indiget
- Acceptance of Service Agreement
- Accessorium Non Ducit Sed Sequitur Suum Principale
- Account Agreement
- Accounting Agreement
- Acquisition and Cross-Servicing Agreement
- Acreage-Contribution Agreement
- Actus Me Invite Factus Non Est Meus Actus
