Definition of attornment in English:
attornment
noun
LawThe formal transference of something to someone else.
‘His subsequent procedural failures under Florida law do not invalidate that attornment.’- ‘The attornment is much less drastic and intrusive into the rights of the mortgagee.’
- ‘The plaintiffs' mortgages included the right of attornment of rents and other remedies in the event of default.’
- ‘Attornment clauses in mortgages are rarely created today, but the official receiver may come across old mortgages still containing such clauses.’
- ‘It seems that there cannot be an attornment when the third party holds the borrower's property in bulk with those of others, such that it is not identifiable, e.g. grain in a silo.’
transfer, making over, giving, passing on, handing down, conveyance, consignment, alienation
Pronunciation
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