Subordination, Non-Disturbance, and Attornment Agreement (SNDA) (Pro-Lender) (FL) | Practical Law
A subordination, non-disturbance, and attornment agreement that establishes the lien priority between a landlord's lender and a tenant of commercial real property in Florida while preserving the tenant's rights in the leased premises if the landlord's lender forecloses. This Standard Document is drafted in favor of the lender but contains optional pro-tenant provisions. This Standard Document also has integrated notes with explanatory, drafting, and negotiating tips for both lenders and tenants.