Subordination, Non-Disturbance and Attornment Agreements

A tenant's goal in negotiating a SNDA is to protect the rights that it has negotiated with its landlord if the landlord's lender or any third-party purchaser acquires the property.

12 minute read September 01, 2014 at 01:49 PM

Amy M. Mitchell And Lara Kirkham

Tenants should get a Subordination Non-Disturbance and Attornment Agreement (SNDA) from the landlord's lender to make sure that the lender agrees not to disturb the tenant's possession of the premises if there is a foreclosure.

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