The Dirt Dictionary: ‘S’ is for SNDA

In the universe of agreements that can protect a tenant’s fundamental right to life, liberty and undisturbed tenancy—at least until the end of the agreed upon term—one of the most important is the SNDA: Subordination, Non-Disturbance and Attornment Agreement. In our scenario, the building has been mortgaged. The SNDA is defined as an agreement between […]