Escrow & Title
In Maine, a 'subordination, non-disturbance, and attornment' (SNDA) agreement in commercial real estate protects:
AOnly the lender
BThe tenant (to remain in possession if the property is foreclosed) and the lender (to maintain priority)✓ Correct
CThe seller from post-closing claims
DThe title insurance company
Explanation
An SNDA agreement protects the tenant's right to remain in possession if the property is foreclosed (non-disturbance), while also protecting the lender's mortgage priority (subordination) and ensuring the tenant will recognize a new owner (attornment).
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