Escrow & Title

A Missouri SNDA agreement (Subordination, Non-Disturbance, Attornment) protects the tenant by:

AEliminating the subordination requirement
BEnsuring that even if the landlord is foreclosed upon, the tenant's lease continues with the new owner✓ Correct
CRequiring the lender to pay the tenant's rent
DGiving the tenant the right to purchase the property

Explanation

The non-disturbance portion of an SNDA protects the tenant: if the lender forecloses, they agree not to disturb the tenant's possession as long as the tenant is not in default. The tenant also agrees to attorn (recognize) the new owner.

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