Recognize the mean?

Merriam-Webster Online Dictionary defines it as: "A" is to be a tenant a new owner or the owner of the property. The term has financial and legal implications. HistoryMerriam Webster lists the fifteenth century as the first known use of the word, derived from the English "Attournen.". It is also associated with the word "Aturner" in the Anglo-Français "to designate or prepare."ContractsAccording Association of corporate counsel, in some cases, especially in commercial real estate, a tenant may be free to break a contract if a property is sold or become time-barred in. In other cases, this event can be scheduled and recognition clause can be included in a contract, require the tenant to pay rent, the new owners or creditors of a case of commercial foreclosures wrote foreclosure.ProtectionsIn Michael Knox in Northern Nevada business weekly in 2009, a submission, undeterred and recognition (coordinated) can agreement legally to protect a new creditor and existing tenants. Protection is extended to the change of ownership or lender agreement on the recognition that lease terms and conditions for the.