April 10, 2020

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Advocacy. Mediation. Success.

A Tenant's Perspective on SNDAs: Non-Disturbance Is Not Enough

Element Two of a Two-Element Post Element Just one of this posting outlined the primary aspects of a subordination, non-disturbance and attornment arrangement (SNDA), which regulates two competing interests in the exact residence — tenant’s ideal to have its premises pursuant to its lease and mortgage lender’s safety fascination in that exact premises. Element Two clarifies the discrepancies amongst the principles of “non-disturbance” and “recognition,” while contending that lease recognition is extra vital to the tenant than not getting its possession disturbed.