Lease Subordination Agreement - New Hampshire 2025

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In a pure or straight lease, there is no accumulation of equity and no provision for the buyout of the leased personal property. A lease purchase is a lease contract with terms providing for transfer of title during or at the end of the lease term.
The New Hampshire standard residential lease agreement is a fixed arrangement where an individual pays a monthly amount to a landlord in return for the use of livable space. The payment is usually made on the first (1st) of every month and continues until the end of the term which is most commonly set for one (1) year.
Landlords in New Hampshire cant refuse to renew a long-term lease without good cause, even after the lease has expired. If the landlord has good cause (a legitimate business or economic reason) to not renew the lease, the landlord must give the tenant a 30-day termination notice. (N.H. Rev. Stat.
A New Hampshire standard residential lease agreement is a written contract establishing the rights and duties within a landlord-tenant relationship. It includes provisions such as the rent amount and due date, security deposit and fee requirements, and options for terminating the lease.
New Hampshire does not have a statewide cap on rent increases. Landlords can raise rent without a limit on the amount. Many tenants lack formal leases, allowing landlords to request rent increases at any time.
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Usually you as the homeowner need to fill out some paperwork which you then submit to the lender and if they Grant the subordination agreement they send it to that title company or attorney whos handling your refinance to record it. Sometimes they charge a fee to do this so dont be surprised if they say that.
Unless your lease has an SNDA, your lease will be canceled if the property is foreclosed upon. This leaves tenants in a dangerous and time-sensitive position where they have to find a new property in rental time, often without the security deposit paid to the original landlord.

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