Understanding Subordination Non-Disturbance and Attornment Agreements

Commercial tenants may be perplexed when months or years after signing their leases they are asked to sign a Subordination Non-Disturbance and Attornment Agreement (SNDA). The landlord may tell tenants simply that they “need the SNDA for the mortgage lender.” Tenants may not have a choice but to sign the SNDA. A clause in their

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