Document background
The Non-Disturbance Agreement (NDA) is a critical document in Swiss commercial real estate transactions where a property is both leased and mortgaged. It becomes necessary when a landlord seeks financing using their property as collateral while having existing tenants, or when new tenants require assurance about their continued occupancy rights. The agreement typically includes detailed provisions about the rights and obligations of all parties, foreclosure scenarios, and the continuation of lease terms, all structured within the framework of Swiss federal and cantonal laws. This document is particularly important in Switzerland's commercial centers like Z��rich, Geneva, and Basel, where complex commercial property arrangements are common. The NDA must comply with Swiss formal requirements for real estate documentation and should address specific provisions of Swiss mortgage and tenancy laws.
