Estoppel certificates and SNDAs come up when a property is sold or refinanced, usually on a tight deadline. We review them for tenants who need to protect their lease rights, and for landlords, buyers and lenders who need the facts confirmed accurately. Each is checked against the lease itself.
At a glance
- Practice
- Real Estate
- Pricing
- Flat fee, quoted before we start
- Included
- 5 deliverables
- Process
- 3 steps, one named attorney
- Where we work
- Slack, email or a call
When founders call us
The moments that usually bring a company to us for this work.
- 01
Your landlord has sent an estoppel certificate with a short deadline to sign
- 02
A lender requires an SNDA from tenants before closing a loan
- 03
You are buying a property and need estoppels from the tenants
- 04
An estoppel form includes statements that do not match your lease
What you get
Scoped in writing before we start. One flat fee for all of it.
- Review of the estoppel certificate against the lease and amendments
- Corrections to rent, term, deposits, defaults and option statements
- Review or negotiation of SNDA non-disturbance and attornment terms
- Notes on lender protections that limit tenant remedies
- Short summary of what the signer is confirming
How it works
- 1
Collect documents
You send the estoppel or SNDA, the lease and all amendments.
- 2
Review
We compare each statement and term with the lease and mark up what needs to change.
- 3
Delivery
You receive an attorney-reviewed markup ready to return.
Mistakes we help you avoid
The ones we see most often, and catch before they cost you.
- Avoided
Confirming there are no landlord defaults when there is an open dispute
- Avoided
Signing an estoppel that misstates options, rights of first refusal or rent credits
- Avoided
An SNDA that subordinates the lease without a meaningful non-disturbance promise
- Avoided
Lender terms that release a new owner from obligations such as unpaid TI allowances
Estoppels & SNDAs: questions founders ask
It is a signed statement by a tenant confirming key facts about its lease, such as rent, term, deposits and whether either party is in default. Buyers and lenders rely on it, and the tenant can be prevented from later asserting facts that contradict it.
Subordination, non-disturbance and attornment agreement. The tenant agrees its lease is subordinate to the lender's mortgage and to recognize a new owner after foreclosure, and the lender agrees not to disturb the tenant's possession while it is not in default.
Most commercial leases require tenants to sign them within a set period, often in a form that is reasonably acceptable or substantially similar to an attached exhibit. The lease controls what you must sign and what you can change.
Flat fee, quoted before we start. Portfolio estoppel work for multiple tenants can be quoted as one matter.
Get a flat-fee quote for Estoppels & SNDAs.
A short call with an attorney. You leave with a written scope and one fixed price.
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