Tenant estoppel certificates verify lease details for third parties during property transactions. Landlords require estoppel certificates to ensure accurate lease terms for sales or refinancing.
At their core, estoppel certificates provide purchasers and lenders with direct confirmation from tenants regarding the status of the lease. They typically confirm whether the lease is in good ...
Q: I recently closed on my condo purchase. I signed a form called an estoppel certificate. The closer didn’t really explain well what it was. What is it that I signed? A: An estoppel certificate is a ...
When it comes to the sale or financing of real property, tenant estoppel certificates are not just formalities—they are crucial documents that confirm the status of existing leases. Tenant estoppel ...