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单词 non-disturbance agreement
释义

non-disturbance agreement

Definition
Agreement between a tenant (or lessee) and the landlord's (or lessor's) lender to ensure the tenant will remain in possession of the leased property, despite any foreclosure action against the landlord. And that, in such circumstances, the tenant may pay rent directly to the lender.
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更新时间:2025/4/17 9:50:10