In this article, you'll learn:

  • The parties involved in Subordination non-Disturbance Provision
  • How SNDA's protect tenant's rights to the property for the full lease term
  • Why office tenants are refusing to sign any new leases without SNDA’s
  • Who you want in your corner when negotiating

Your landlord's occupancy levels are dropping, therefore vacancy rates are going up.
Their property values are dropping. And now, they can't pay their mortgage...
The building slips into the foreclosure process, and in all probability, a court-appointed receiver will be assigned to the property. They have wide-ranging powers inclusive of terminating any contract, renegotiating any contract, and/or renegotiating or terminating existing leases. 
So, now what happens to you as a tenant? You're now caught in the crossfire betwen your landlord, the bank, and the receiver. Keep reading to find out how this affects your tenancy. 

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