A SUBORDINATION, Non-Disturbance and Attornment Agreement, or SNDA, is an agreement among a tenant, a landlord, and the landlord’s lender. The landlord’s lender, or mortgagee, is the bank through ...
In our last column (May 19, 2010), we analyzed certain issues related to tenant estoppel certificates in the context of a mortgage financing; in this column we will look at another loan document that ...