Finance
In New Mexico, a 'subordination, non-disturbance, and attornment' (SNDA) agreement in commercial real estate means:
AThe tenant pays no rent for 90 days
BThe lease is subordinate to the lender's mortgage, the lender won't disturb a tenant in good standing, and the tenant will recognize the new owner after foreclosure✓ Correct
CThe landlord agrees not to raise rents
DThe tenant may sublease without restriction
Explanation
An SNDA protects all parties: the lender's mortgage takes priority over the lease (subordination); a performing tenant won't be evicted in foreclosure (non-disturbance); and the tenant will recognize a new owner (attornment).
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