In one sentence
The process of collecting tenant estoppel certificates and SNDAs across a multi-tenant property before closing.
The longer version
On multi-tenant deals, lenders need estoppels confirming lease terms and SNDAs governing priority from many tenants at once. Collecting them is a parallel workflow that often paces the closing.
Tracking dozens of estoppels and SNDAs across tenants is exactly the kind of multi-party chase a live checklist handles better than email.
In Prodeal
Estoppel and SNDA collection runs as one tracked list, with each tenant's items showing status and owner instead of living across a dozen email threads.
Keep reading