Example Document for Estoppel Certificate
Estoppel Certificate - Example Document
In this document, the Estoppel Certificate is used to verify the current status of an existing lease for the benefit of the landlord and a prospective lender of commercial property. The Estoppel Certificate provides for
the identity of the tenant and landlord; the leased property location; the lease commencement date, termination date and option period, if any; the status of rent, prepaid rents and security deposits; landlord's performance, and other miscellaneous matters. An Estoppel Certificate is typically used when the owner of a commercial property wants to sell or refinance the property, and the owner is required by the buyer or lender to substantiate the status of all leases in the property, and that the tenant(s) do not have any claims against the landlord which would allow the tenants to offset or withhold future rent payments.
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