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Subordination, Non-Disturbance, Recognition and Attornment Agreement

Book Publication Date: Mar 2019
Description: Full sample subordination, non-disturbance, recognition and attornment (SNDRA) agreement between landlord, construction lender, landlord's mortgagee, and tenant. The agreement determines the relative priorities of tenant and mortgagee with respect to landlord's premises.
Type: Contracts
PLI Item #: 272024
Practice Area: Banking and finance, Commercial law, Commercial leases, Construction contracts, Consumer finance, Mortgage loans, Real estate, Real estate construction, Real estate contracts, Real estate leasing, Sales contracts

Keywords: "subordination"; "nondisturbance"; "recognition"; "attornment"; "landlord"; "tenant"; "lender"; "mortgage'; "mortgagee"; "lease"; "SNDRA"; "agent"; "fee interest"; "loan"; "building loan"; "construction loan"

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