What is an SNDA agreement?

An SNDA Agreement stands for Subordination, Non-Disturbance, and Attornment Agreement. It defines certain rights and responsibilities among tenants, property owners, and lenders if ownership or financing of the property changes.

Although not every transaction requires one, SNDAs are common in many commercial real estate transactions involving leased properties.

If questions arise regarding lease documents or lender requirements, I’d be happy to help explain the general purpose of these agreements while encouraging appropriate legal guidance when needed.