SNDA Agreement Guide: Secure Your Commercial Lease Now
Renting commercial space involves significant financial commitment. Understanding Subordination, Non-Disturbance, and Attornment Agreements (SNDAs) is crucial for protecting your investment and ensuring business continuity. This guide provides a step-by-step approach to navigating these complex legal documents. What is an SNDA Agreement? An SNDA is a tripartite agreement (a contract between three parties) involving the tenant, the landlord, and the lender who financed the property. It safeguards your lease, ensuring its validity even if the landlord faces financial difficulties and the property is foreclosed upon....