Posts Tagged ‘Joel Erb’

13
Sep

What is an SNDA? Frequently Asked Questions about Subordination and Non Disturbance Agreements

    By Joel Patrick Erb, Esq. Often overlooked by lenders and parties negotiating a lease when real estate is booming, the importance of SNDAs has been highlighted by the recent turbulence of the current commercial real estate market and the prevalence of foreclosures.   What are they? Subordination and Non Disturbance Agreements, commonly referred to as “SNDAs,” are typically an agreement between a tenant, a landlord and the landlord’s lender.   What is their purpose? They ...

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