# SNDA (non-disturbance agreement)

The agreement keeping your lease alive if the landlord's lender forecloses.

A lease signed after the building's mortgage sits junior to it, so a foreclosure can wipe the lease out no matter what the landlord promised you. The [subordination](https://searchspheresource.com/glossary/subordination), non-disturbance, and attornment agreement is the three-way fix: you accept the lender's seniority, the lender agrees not to disturb your tenancy if it takes the building, and you agree to pay whoever ends up owning it. Ask whether the seller has one during lease review, in the same conversation as the [estoppel certificate](https://searchspheresource.com/glossary/estoppel-certificate), and push for one whenever you are financing a build-out or the location is the business.

In numbers: A buyer spends $150,000 building out a clinic in a building carrying a $3M mortgage senior to the lease. Without non-disturbance, a foreclosure could void the lease and strand the build-out; with the SNDA, the new owner must honor the term.

Source: https://searchspheresource.com/glossary/snda
Not dated: A definition is editorial: what a term means, why it matters, and an example. None of it reads a source that can go stale, so there is no date to take and a stamped one would be the build time wearing a costume.

Site index for machines: https://searchspheresource.com/llms.txt