Lenders operating in the commercial real estate space will frequently require, or consider requiring, an additional document referred to as an “SNDA,” an acronym that stands for “Subordination, Non-Disturbance, and Attornment Agreement”. An SNDA delineates the relationship and allocation of rights among the lender, the borrower/landlord, and a tenant of the property which is securing […]

What Is an SNDA, and Why Does It Matter? Read More »