Home / Expert Opinion / Real Estate Law: Pay close attention to Subordination, Non-Disturbance and Attornment Agreements

Real Estate Law: Pay close attention to Subordination, Non-Disturbance and Attornment Agreements

When commercial landlords borrow against their real estate, their mortgage lender will typically require signed Subordination, Non-Disturbance and Attornment Agreements (“SNDAs”) from current and future tenants. Commercial tenants should resist the temptation to treat SNDAs as “mere forms” and instead carefully review and negotiate them to protect their interests. Three fundamental agreements are (or should be) ...

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