What is SNDA?
Subordination, Non-Disturbance, and Attornment agreement: governs the relationship among tenant, landlord, and lender if the property is foreclosed.
Where you will use it: this term comes up in the Real Estate Finance course, and the full course glossary collects every term in one place.
Related terms
From the free Real Estate Finance course by Devon Coombs, CPA, MBA.