Property Management
In New Mexico, which of the following is a common provision in commercial leases that protects the landlord's income if the property is sold?
AA termination clause
BA subordination, non-disturbance, and attornment (SNDA) agreement✓ Correct
CA no-assignment clause
DA force majeure clause
Explanation
An SNDA agreement protects the landlord's income by requiring tenants to acknowledge (attorn to) the new owner after a sale or foreclosure, ensuring lease continuity and rental income for the new owner.
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