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Non-Disturbance Agreement
When renting a mortgaged property, tenants, landlords, and lenders can all benefit from a Non-Disturbance Agreement, also called a Subordination Non Disturbance and Attornment (SNDA) Agreement. If you're a residential or commercial tenant, this document protects you from being evicted if the landlord doesn't pay the mortgage. Landlords can show their tenants they play by the rules, and lenders get assurance that they'll still get rent payments if the landlord stops paying.
Use the Non-Disturbance Agreement document if:
- You are a Landlord leasing a mortgaged property.
- You are a Tenant leasing a mortgaged property.
Make document: Non-Disturbance Agreement
Available from: RocketLawyer.com
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