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Tenants SNDAs

Arnall Golden Gregory LLP

SNDA – What is It and Why is It Important?

What is an SNDA? An SNDA, or subordination (the “S”), non-disturbance (the “ND”) and attornment (the “A”) agreement, is an agreement between the lender providing financing to the landlord and a tenant of the property. ...more

Jaburg Wilk

What Exactly Is A Subordination, Non-Disturbance And Attornment Agreement, And Why Do I Need One?

Jaburg Wilk on

While most commercial leases contain a requirement that the tenant will execute a “Subordination, Non-Disturbance and Attornment Agreement,” commonly referred to a an “SNDA,” a majority of tenants who have signed such leases,...more

Snell & Wilmer

Lenders Can Prepare for Tenant Offset Rights in SNDAs

Snell & Wilmer on

Tenants’ limited recourse to their landlords has made “offset rights” a major issue in negotiating Subordination, Non-Disturbance and Attornment Agreements (SNDAs). Tenant offset rights arise when the tenant has the...more

Troutman Pepper

Subtenants Should Carefully Consider Legal Issues of Sublease Arrangements

Troutman Pepper on

Depending on the situation, sometimes leasing space from another tenant is a good business decision in terms of price, location and size. While a sublease arrangement makes sense from a business perspective, a subtenant...more

Winstead PC

Preparing for the Worst: Texas SNDAs get lenders, landlords and tenants on the same page in the event of foreclosure

Winstead PC on

Subordination, Non-Disturbance and Attornment agreements (SNDAs) allow lenders, landlords and tenants to collectively plan for the worst case scenario — foreclosure. In the event of foreclosure and in the absence of an SNDA,...more

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