Do I Need an SNDA? A Guide for Landlords, Tenants, and Lenders
SNDAs are helpful for both commercial real estate lenders and tenants, and they help them build a relationship that might not have existed otherwise. While lenders often seek them out when mortgaging to property owners, if it is a lender’s first time foreclosing on a property, the presence of an SNDA in the agreement might … Read more