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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You Want Me to Move Where? Tenant Relocation Clauses in Office Leases

Many commercial real estate leases contain tenant relocation clauses, which allow the landlord to require that the tenant move to different rental space. Since relocations are uncommon, tenants may not pay attention to those clauses when negotiating their leases. However, the terms in the relocation clause can make–or break–a tenant’s business when triggered. Why Landlords

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