Globalbiz CRE Academy

Glossary

Recognition Agreement (Hotel Manager/Franchisor Non-Disturbance)

Also known as: Non-Disturbance and Attornment Agreement (Hotel Manager), Tri-Party Recognition Agreement

Part of the paid curriculum

Recognition Agreement (Hotel Manager/Franchisor Non-Disturbance) is defined and worked through inside Globalbiz CRE Academy: the definition, the mechanics, and how it is applied in a live underwriting file.

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Related terms

Comfort Letter (Franchisor)Hotel Management Agreement (HMA)Performance Termination Clause (Performance Test)Brand Approval Rights (Loan Covenant)
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