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In this tutorial, Walt Boutin explains the S NDA, or Subordination and Non-Disturbance Agreement, commonly encountered in leases. The S NDA involves agreeing to subordinate your lease to any current or future financing. In exchange, tenants receive a non-disturbance agreement, ensuring they will not be evicted, have their rent increased, or face disruption if the landlord forecloses. This arrangement protects the tenant's rights while also requiring them to respect the landlord's rights. While smaller tenants may struggle to obtain this agreement, larger tenants making significant investments in a property should pursue it to safeguard their interests during potential foreclosure situations.
