What does attornment mean?

Definitions for attornment
at·torn·ment

This dictionary definitions page includes all the possible meanings, example usage and translations of the word attornment.


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Wiktionary

  1. attornmentnoun

    The consent of a tenant to the transfer of his relationship to his landlord to another person.

  2. Etymology: atorner, through.

Webster Dictionary

  1. Attornmentnoun

    the act of a feudatory, vassal, or tenant, by which he consents, upon the alienation of an estate, to receive a new lord or superior, and transfers to him his homage and service; the agreement of a tenant to acknowledge the purchaser of the estate as his landlord

  2. Etymology: [OF. attornement, LL. attornamentum. See Attorn.]

Wikidata

  1. Attornment

    Attornment, in English real property law, is the acknowledgment of a new lord by the tenant on the alienation of land. Under the feudal system, the relations of landlord and tenant were to a certain extent reciprocal. So it was considered unreasonable to the tenant to subject him to a new lord without his own approval, and it thus came about that alienation could not take place without the consent of the tenant. Attornment was also extended to all cases of lessees for life or for years. The necessity for attornment was abolished by an act of 1705. An attornment-clause, in mortgages, is a clause whereby the mortgagor attorns tenant to the mortgagee, thus giving the mortgagee the right to distrain, as an additional security. As used in modern legal transactions, the term attornment refers to an acknowledgment of the existence of the relationship of landlord and tenant. A tenant often has duty under the tenant's lease, particularly in commercial leases, to provide an attornment upon request, and is required by a creditor or potential buyer of property from the landlord to establish the nature of existing encumbrances on and income streams flowing from a property, as an element of the due diligence process associated with the transaction.

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Numerology

  1. Chaldean Numerology

    The numerical value of attornment in Chaldean Numerology is: 5

  2. Pythagorean Numerology

    The numerical value of attornment in Pythagorean Numerology is: 5


Translations for attornment

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"attornment." Definitions.net. STANDS4 LLC, 2024. Web. 19 Apr. 2024. <https://www.definitions.net/definition/attornment>.

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