subordination clause

A Brief Introduction About a Subordinated Ground Lease A person who wishes to purchase land, but does not have the fullest capital investment to do so, enter into a long-term lease for 50 to 99 years with the landlord. The lease is compensated by way of monthly rental payments. The landlord transfers only the possession […]

Continue Reading  

A Brief Introduction About SNDA What is an SNDA? Subordination non disturbance and attornment agreement is drawn between landlords and their lenders. The agreement lays down the rights of tenants, the landlord, and the lender in the context of the property. The agreement consists of three key clauses: The subordination clause, The non disturbance clause, […]

Continue Reading